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IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes

IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes

The US Internal Revenue Service (IRS) is bracing for an increase in crypto tax crime cases as taxpayers file their returns on April 15. IRS criminal investigation chief Guy Ficco predicts a rise in charged Title 26 crypto cases this year and beyond. While crypto has been associated with various financial crimes in the past, Ficco anticipates a surge in "pure crypto tax crimes" in the future.

Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History

Bitcoin Pizza Guy and the Tenth Anniversary of the Most Regrettable Purchase in Human History

On May 22, 2020, the 10th anniversary of Bitcoin Pizza Day will be marked. It is because ten years ago, on this day Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two Papa John’s Pizzas with eighteen-year-old Jeremy Sturdivant, aka jercos.

Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015

Why Mike Novogratz Acquired 500,000 Ethereum from Vitalik Buterin at $0.99 Each in 2015

Mike Novogratz, Galaxy Digital founder, and CEO has disclosed that he bought 500,000 Ethereum from its co-founder Vitalik Buterin for only $0.99 per Ether.

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.

Bitcoin is the Greatest Investment Ever Found, says Raoul Pal, as BTC Price Nears Highest Ever Monthly Close

Bitcoin is the Greatest Investment Ever Found, says Raoul Pal, as BTC Price Nears Highest Ever Monthly Close

Bitcoin gained around $1,500 in a week, prompting mixed projections on the cryptocurrency’s future by many analysts.

eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

eToro's Survey Reveals 40% of Millennials Could Favor Crypto Investment In Recession

A survey by eToro has revealed that 40% of Millennials could favor cryptocurrency investment if a recession was instigated by the US-China trade war.

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Crypto-Candidate Andrew Yang Officially Withdraws, Blockchain Loses Ally

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard

CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Hacktivist group ‘Anonymous’ has promised retribution against the Minneapolis Police Department (MPD) for the death of George Floyd last week.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

The Truth Behind Crypto and Online Gambling

The Truth Behind Crypto and Online Gambling

Internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in online gambling as hundreds of betting sites offer this option acting as the icing on the cake in this sector.

Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain

Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain

Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

The potential for negative interest rates on the US dollar highlights the strength of cryptocurrencies like Bitcoin, which have anti-inflationary mechanisms built-in.

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