After years of waiting, Dogecoin (DOGE), the popular meme-based cryptocurrency, has finally been added to the world’s largest crypto exchange, Binance. #Binance Will Dogecoin ( $ DOGE)https://t.co/buj7QF3dGC pic.twitter.com/LNIoLua3l7 — Binance (@binance) July 5, 2019 According to the announcement, Dogecoin is already available for trading with BNB, BTC, USDT, PAX and USDC trading pairs The reasoning behind the […]
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There May Be (Some) Tax Relief Options if You Sold Your Bitcoin at a Loss
For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet. On December 17, 2017, bitcoin hit an all-time high at over $ 19,000. Thereafter, it has fallen over 80 percent and now hovers at around $ 4,000 at the time of writing. While losing money is never the end goal, there are certain measures investors can take in order to minimize their taxable income by utilizing their capital losses incurred from bitcoin during the current year and going forward.
Bitcoin (BTC) Price Surges 15% in Major Relief Rally
After hitting a year low of $ 3,625 early Sunday morning, Bitcoin (BTC) just posted its best 24-hour performance in months, rising over 15% to just north of $ 4,375 and on pace to beat 2018’s highest one-day return of 13.43% from April 12. While Bitcoin suffered from choppy trading through the first part of the week, buyers have […]
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Coincheck Shows Relief As Regulator Orders ‘Improvements’ After Hack
Japan’s financial regulator has ordered hacked exchange Coincheck to “improve” but appears uninterested in restricting cryptocurrency activities.
FSA: ‘Don’t Do It Again!’
In an order to Coincheck, which lost $ 530 million to hackers last week, the Financial Services Agency (FSA) of Japan has demanded a full explanation of what went wrong, along with a raft of upgrades for “prevention of similar events in the future.”
Following news that malicious parties had compromised the exchange’s hot wallet, its questionable security practices soon came into the spotlight, with commentators suggesting its setup was insufficient to guard against online threats.
Cannabis Strains on Bitcoin’s Blockchain a Relief for Patients, Growers (The Cryptoverse #119)
On today’s episode of The Cryptoverse:
A dozen medicinal cannabis cultivators and processors have partnered with Medicinal Genomics to record and track the genetics of cannabis strains on the Bitcoin blockchain to ensure product consistency and quality.
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