By CCN Markets: U.S. citizens who have failed to report their income from crypto transactions or underreported such income now have every reason to worry. According to Bloomberg, the Internal Revenue Service has identified a couple of taxpayers who underreported their earnings from crypto income or completely failed to report such earnings. Taxpayers who have been identified can now expect to receive notices in the near future. Crypto users beware. IRS auditors are starting to look at your transactions. https://t.co/85P4uiBLQU — Ally Versprille (@allyversprille) June 20, 2019 The tax body employed its document matching program – a tool used on
Beware of Huobi’s Hidden Deposit Minimums
Huobi Group’s U.S. crypto exchange, Huobi, has been making a concerted push into the United States in recent weeks with the listing of Cardano (ADA), Nebulas (NEB), XRP (XRP) and Dogecoin (DOGE). In testing the relatively new exchange, we found a design feature with troubling implications. Namely, each digital asset has a “deposit minimum,” which requires users […]
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Trolls Beware: Blizzard Is Testing a New Chat Moderation System for Overwatch League
As part of an ongoing effort to clean up Overwatch League and Overwatch Contenders, a professional esports feeder league for Overwatch, Blizzard has announced a new system of moderation that requires users who wish to participate in Twitch chat to link their Battle.net and Twitch accounts. According to the recent announcement, the new system is designed to improve the viewer […]
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Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here
Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants.
Also read: Facebook Purge Continues: 559 Pages, 251 Accounts Removed Ahead of US Elections
Monero Surges As ‘MoneroV’ Hard Fork Approaches – But Buyers Beware!
Monero is riding high this week as the hype surrounding the soon-to-be forked MoneroV swells – but will it last?
When Moonero?
In only the span of only a week, Monero (XMR) has seen its price surge by more than 33%. This time last week, Monero was trading under $ 275 per token. Now, one token costs $ 366 and is nearly at its all-time high in terms of its Bitcoin comparative.
Driving the price of Monero towards the moon is the impending hard fork of the privacy-focused cryptocurrency. On March 14, Monero will welcome a new member to its step-family – MoneroV.