Digital currencies have received more attention as COVID-19 forced changes in how people do business For older generations, one of the biggest challenges has been how to adapt and get on board with the many technologies that have emerged in the past couple of decades. Regarding cryptocurrencies and users from the Baby Boomers (born 1946-1964) […]

The DC Bar Association greenlights the use of digital currency for its attorneys Slowly but steadily, cryptocurrencies are gaining ground in the US to be accepted as a normal alternative to fiat. The latest news came from the Washington DC Bar Association (DCB), which became the fourth to allow digital currency as a form of […]

People need to be more aware than ever of their online activities As a result of the coronavirus pandemic, many people moved to work from home as a safety measure to adhere to social distancing requirements. However, the fact that more people are at home gives hackers more opportunities to commit digital attacks. According to […]

As cryptocurrency continues to gain traction, more options will allow it to be seen as a legitimate currency A cryptocurrency payments specialist that offers a cryptocurrency credit card program to its users is coming to the US. NetCents Technology Inc. is adding the US to its NetCents program to eliminate a key issue for enterprises […]

Terrorists are turning to Monero to help fuel their efforts The jihadist movement is using cryptocurrencies to seek donations to support their mission through a new website associated with the Islamic State of Iraq and Syria, or ISIS. After receiving Bitcoin donations for more than three years, the organization has switched to the Monero digital […]

Analysis conducted by cybersecurity firm ClearSky shows attacks on crypto exchanges are causing lots of damage An organized hacker group has been causing headaches for several cryptocurrency exchanges out there. CryptoCore is believed to be operating just outside of Eastern Europe and has stolen over $200 million from exchanges, according to a report that cybersecurity […]

The fines levied against crypto companies will now have to be limited An important ruling coming from the US Supreme Court put the US Securities and Exchange Commission (SEC) in a complicated situation in front of cryptocurrency businesses. The SEC has been tough when it comes to punishing defendants with fines; however, the court has […]

The money transfer platform is apparently warming up to digital currencies PayPal is of great use for safe purchases across the Internet, but it has been a very restrictive method for many industries, including cryptocurrency. However, the fintech giant might be ready to move forward to work alongside cryptocurrencies as it plans to roll direct […]

It might be time for a crypto ETF to succeed after the SEC chairman announces his departure The US Securities and Exchange Commission (SEC) is not a fan of cryptocurrency; in fact, several efforts have been made to stop the industry from becoming legal in the US. All that might be about to change with […]

Cryptocurrency holders have a new tool to make sure they properly report digital assets One of the topics that are still under discussion among the US financial regulatory agencies is how to tackle tax payments coming from crypto assets. While clearer rules are being defined, a business advisory company providing services to many industries, Ernst […]

If you’re wondering when bitcoin will top $10,000 again, we have no idea. But it’s not that we don’t care. It’s just that we decided a few years ago not to concern ourselves with the day to day fluctuation of cryptocurrencies, as volatile as they are. Still, there’s no denying that we’re huge fans of […]

A tax court rules that a couple’s outstanding tax liability can be paid with their crypto holdings An interesting case involving cryptocurrency can give US residents an idea of what to expect regarding cryptocurrency and paying taxes. A couple from Maryland did not pay taxes during 2017; therefore, they asked the IRS to allow them […]

Centra Tech came under fire in 2018 and its founder is now facing significant jail time for fraud In a case that is currently active in court, the founder of the cryptocurrency firm Centra Tech Inc., Robert Farkas, has just admitted to conspiring to scam several investors out of more than $25 million. Farkas, along […]

A fraudulent website looks just like the real deal and is ripping off unsuspecting victims The crypto-related scams will never end while digital currencies gain more acceptance in the traditional markets. A new Bitcoin-related scam impersonates a self-destructing encrypted notes service, which is actually a phishing site. Cybercriminals created a fake version of the legitimate […]

As cryptocurrencies continue to receive a more solid foundation, some conventional bankers have seen the light In the past few months, the biggest banking institution in the US has been changing its opinion about cryptocurrency. JPMorgan has concluded an analysis of Bitcoin (BTC) in which the digital token has been submitted to a stress test. […]