Despite Trump's anti-crypto tweets, the IRS wants its cut of virtual currency profits

in #crypto5 years ago (edited)

World's Dumbest Bitcoin Scammer Tries to Scam Bitcoin Educator, Gets Scammed in The Process| Jennings Brown

Ben Perrin is a Canadian cryptocurrency enthusiast and educator who hosts a bitcoin show on YouTube. This is immediately apparent after a quick a look at all his social media. Ten seconds of viewing on of his videos will show that he is knowledgeable about di…

Steer Clear of Libra Cryptocurrency Scams| David Murphy

Libra hasn’t even officially debuted on Facebook yet, but the highly anticipated cryptocurrency has already gotten a ton of interests—from scammers. In fact, it’s hard to tell who is more interested in Libra at this point: those looking to make a quick buck f…

I tried to pay with bitcoin at a Mexico City bar—it didn’t go well| Timothy B. Lee

After 10 years, Bitcoin is still searching for practical applications.

Bitcoin Scammers Try and Fail to Sextort 86-Year-Old Woman Who Just Wanted a Free Bagel| Victoria Song

All 86-year-old Arlene Kaganove wanted was a free bagel from Panera on her birthday. Instead, after signing up for the My Panera rewards program, Kaganove was sent threatening emails demanding she pay $1,400 worth of bitcoin—in exchange for a supposed recordi…

Despite Trump's anti-crypto tweets, the IRS wants its cut of virtual currency profits| Rachel Kraus

Cryptocurrency might be a challenge to the primacy of the U.S. dollar, but that's not stopping the Internal Revenue Service from wanting a piece of the action. The IRS announced Friday that it was sending letters to 10,000 cryptocurrency holders informing the…

23 Texas Government Agencies Knocked Offline in 'Coordinated Ransomeware Attack'| Jennings Brown

On Friday morning of last week, nearly two dozen state agencies across Texas reported having major computer issues. The state now believes that a single hacker is behind this crippling attack. Read more...

Should You Invest in Bitcoin and Cryptocurrencies? Experts Share Best Practices in a Volatile (Yet Maturing) Market.| Eric 'ERock' Christopher

Inventing in Bitcoin and cryptocurrencies could be the right move ... if you know what to expect.

Satoshi Nakaboto: ‘Bitcoin market cap rivals world’s largest beer company’| Satoshi Nakaboto

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Nikola Tesla used to say: Bob’s your uncle…

Satoshi Nakaboto: ‘A day of consolidation in Bitcoin’| Satoshi Nakaboto

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Marie Curie used to say: Talk to a strange…

Coinbase faces negligence suit after mishandling its launch of Bitcoin Cash| Yessi Bello Perez

Long-standing cryptocurrency exchange Coinbase will face a negligence lawsuit after allegedly mismanaging the launch of Bitcoin Cash on its platform, a judge has ruled. However, court documents released on Tuesday show that US District Judge Vince Chhabria th…

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