CoinSwitch launches $70M recovery fund for WazirX hack victims

The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to say the least. One of the biggest challenges for crypto holders in the US and beyond is how to declare their crypto assets and not run afoul of the IRS.Tax…

Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSpot price squeeze on the cardsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the 24 hours prior,…

For the first time since 2017, Bitcoin price pushed above $19,000, and multiple indicators suggest the rally may continue. 5646 Total views 23 Total shares The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. Three key reasons are behind the dominant cryptocurrency’s strong…

Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23.The article begins: "Limbo — that’s where to find Wall Street when it comes to cryptocurrencies," and then focuses on the efforts in the crypto sphere this year made by…

As crypto traders debate whether Bitcoin (BTC) is going to $25,000 or $15,000 first, the world’s largest financial institutions are laying the groundwork for mass adoption. The proverbial floodgates are unlikely to open before the United States provides a clear regulatory framework for crypto, but regulators and industry insiders are confident that guidance could come…

Toward the end of June 2019, news emerged that the mining giant Bitmain might be reviving its initial public offering (IPO) plans. As Bloomberg reports, the China-based cryptocurrency mining hardware producer is allegedly preparing to file documents with the United States Securities and Exchange Commission (SEC) to hold its share sale on U.S. soil.Bitmain —…

Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology. 129 Total views 2 Total shares Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity…