PwC has formed a joint business relationship with Cred to help the marketplace understand key considerations in quickly moving towards enhanced standards that build confidence and trust in the crypto ecosystem and usher in the next 100M users of crypto assets. “We are excited to work with Cred to help increase industry awareness regarding how […]

Exchanging cryptocurrencies A common transaction in cryptocurrency investing is exchanging one cryptocurrency for another cryptocurrency. This is especially true because investors frequently dabble in cryptocurrencies that cannot be directly purchased using fiat currency and can be acquired only by exchanging major cryptocurrencies such as BTC or ETH for them. From a basis calculation standpoint, exchanges […]

The world’s first public bond created and managed using onlyblockchain had support from seven investors, Commonwealth Bank of Australia the sole lead manager of the deal said on Friday, helping raise A$110 million ($80.48 million) for the World Bank. Commonwealth Bank (CBA) executive general manager James Wall said that the deal, designed to test how […]

Enhancement of data security that it provides is the primary benefit of using blockchain as a technology. Data is by far one of the most important assets in the world. Some of the world’s leading conglomerates like Alphabet, Amazon, Facebook, Apple, Microsoft, etc. are data-centric companies. Securing data has become the most critical priority for […]

Blockchain technology is essential for smart contracts to work. To understand why, it’s important to remember that a blockchain is a distributed, digital ledger to which certain computers, or nodes, are granted access. The first blockchain was set up to record transactions of the digital currency bitcoin. When a transaction such as a bitcoin sale […]

(Reuters) – Intercontinental Exchange Inc (ICE.N), the owner of the New York Stock Exchange, said on Friday it plans to form a company and trading platform for digital assets, such as bitcoin, as well as a physically delivered bitcoin futures contract.   A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on […]

1. How do I report cryptocurrencies? While government regulation surrounding bitcoin and other cryptocurrencies is still in flux, it’s clear that users hoping to use crypto to skirt regulations entirely are no longer able to operate in the shadows. A November decision by a federal district court in California forced popular crypto-trading site Coinbase to […]

Barclays BCS -1.02% PLC has become a rare global bank to embrace the cryptocurrency sector by signing exchange operator Coinbase as a customer. Deposits from Coinbase users in the U.K. will be held in a new customer account at Barclays, Coinbase UK Chief Executive Zeeshan Feroz said Wednesday, amid what he called “a huge surge of interest” in […]

Because bitcoin and other cryptocurrencies are seen as property by the U.S. government, capital-gains taxes apply to every transaction made. Even if you were just buying a cup of coffee with bitcoin you have to report every transaction using bitcoin. Each sale or purchase technically constitutes two transactions: (1.) selling property (bitcoin) and (2.) using […]

Exchanging cryptocurrencies A common transaction in cryptocurrency investing is exchanging one cryptocurrency for another cryptocurrency. This is especially true because investors frequently dabble in cryptocurrencies that cannot be directly purchased using fiat currency and can be acquired only by exchanging major cryptocurrencies such as BTC or ETH for them. From a basis calculation standpoint, exchanges […]

The world’s first public bond created and managed using onlyblockchain had support from seven investors, Commonwealth Bank of Australia the sole lead manager of the deal said on Friday, helping raise A$110 million ($80.48 million) for the World Bank. Commonwealth Bank (CBA) executive general manager James Wall said that the deal, designed to test how […]

Enhancement of data security that it provides is the primary benefit of using blockchain as a technology. Data is by far one of the most important assets in the world. Some of the world’s leading conglomerates like Alphabet, Amazon, Facebook, Apple, Microsoft, etc. are data-centric companies. Securing data has become the most critical priority for […]

Blockchain technology is essential for smart contracts to work. To understand why, it’s important to remember that a blockchain is a distributed, digital ledger to which certain computers, or nodes, are granted access. The first blockchain was set up to record transactions of the digital currency bitcoin. When a transaction such as a bitcoin sale […]

(Reuters) – Intercontinental Exchange Inc (ICE.N), the owner of the New York Stock Exchange, said on Friday it plans to form a company and trading platform for digital assets, such as bitcoin, as well as a physically delivered bitcoin futures contract.   A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on […]

Barclays BCS -1.02% PLC has become a rare global bank to embrace the cryptocurrency sector by signing exchange operator Coinbase as a customer. Deposits from Coinbase users in the U.K. will be held in a new customer account at Barclays, Coinbase UK Chief Executive Zeeshan Feroz said Wednesday, amid what he called “a huge surge of interest” in […]

One of the biggest names in Silicon Valley is placing a moonshot bet on bitcoin. Founders Fund, the venture-capital firm co-founded by Peter Thiel, has amassed hundreds of millions of dollars of the volatile cryptocurrency, people familiar with the matter said. The bet has been spread across several of the firm’s most recent funds, the […]

Buying any coin using your credit card will bring a whopping 4% fee. Sold bitcoin after a spike and want to cashout? Another 4% if you are planning on using the PayPal option! Even the cheapest option being the Bank Account Transfer will run you 1.5% selling and buying! Now that may not seem like […]

Although blockchain is inextricably linked to bitcoin in many people’s minds, federal leaders have begun extolling its virtues for a wide range of government activities. Each block in a cryptographically secured chain of records contains transaction data, creating an open, distributed ledger that is resistant to modification. As a result, the technology has the potential […]