Bitcoin Price And SegWit

The bitcoin price chart has regained some lost ground, yet the long-term chart shows the next rally has not been signaled, even as $1,750 swirls in the tea leaves. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using […]

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Accountants Ask IRS to Clarify Bitcoin Transactions’ Tax Status

The American Institute of CPAs has sent the IRS a letter to clarify tax status of small virtual currency transactions and nine other virtual currency issues, according to The Wall Street Journal. A bitcoin payment for a small purchase can have an investment gain or loss on that purchase under the IRS’s existing tax treatment. […]

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Bitcoin Price And Brexit

The bitcoin price chart advanced $140 since yesterday’s low. In the meantime markets rudely awoke to find Brexit had come true. Chaos ensued, but the bitcoin market keeps ticking like clockwork. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 […]

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DHS Awards Millions in Grants to Blockchain, Cybersecurity Projects

The U. S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T) awarded Austin, Texas-based $199,000 to Factom Inc. to advance digital identity security for Internet of Things (IoT) devices.   The award was one of several DHS S&T awards to support the development of security solutions that involve blockchain technology. DHS S&T also […]

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Bitcoin Exchange Coinbase Adds Paypal Support

Bitcoin wallet and exchange Coinbase has revealed new funding methods – PayPal and credit cards, to further enable digital currency transactions and swaps in its exchange. The support for the two new funding mechanisms is currently in beta. In a move that can be seen as a further sign that PayPal is dipping its toes […]

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DAO Vulnerability Raises Questions of Trust and the Human Factor

The discussion and debate around the DAO vulnerability raises questions about trust and the human factor in the evolving realm of distributed ledger technology, Sean Neville, co-founder and president of Circle, noted in a Medium blog. Trust in the safety of assets and data in blockchain systems does not depend on human gatekeepers, Neville noted. But […]

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Researchers Uncover Bitcoin Phishing Campaign

OpenDNS Security Labs has discovered 100 fake bitcoin and blockchain domains that mimic legitimate bitcoin wallets in an attempt to steal credentials.   The domains share a provider with three different names that has used the IP space to sell pornography, false merchandise and phishing sites. The sites, most of which were registered on May 26, continue […]

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Bitcoin Price Surges Beyond $675 Amid Brexit Vote

 After a tumultuous Thursday that saw bitcoin price drop below $550, the cryptocurrency is making gains in trading again, scaling beyond $675. Bitcoin price has experienced volatility lately with observers pointing to a multitude of factors including increased buying interest from China supporting the price swell and the temporary outages suffered by digital currency exchange […]

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Bitcoin Price Falls Beyond $550, Recovers

 Bitcoin price plunged over $100 today, dropping to a low of $546.84 on the Bitstamp Price Index (BPI). Following weeks of a surging rally that scaled to two-year highs, bitcoin price fell $100 today in a week that saw prominent bitcoin exchange Bitfinex suffer outages. The result for the EU referendum will also be revealed […]

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Brexit Fears Haunt UK FinTech

Britain will vote on the European Union Referendum on Thursday when millions of people will decide whether or not to stay in the EU. If Britain decides to leave, though, it could cost the UK economy as much as $5 billion over the next five years, according to a report conducted by consultancy William Garrity […]

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