CoinBase

According to Forbes, the United States Revenue Service (IRS) sent letters to more than 10 thousand investors with the requirement to report income from operations with cryptocurrency. Lawyer Tyson Cross, who specializes in cryptocurrency taxation, said that several of his clients had recently received letters on the 6174-A form. In them, the IRS warns of possible future law enforcement actions “civil or criminal […]

The cryptocurrency division of the financial holding Fidelity Investments has applied for a license of trust to the Financial Services Authority of the State of New York (NYDFS), reports The Block, citing informed sources. Thus, the corresponding license will allow Fidelity Digital Assets to provide custodial services to residents of New York. At the moment, such permission has already been issued by Coinbase, Gemini and Paxos. Note that the cryptocurrency platform […]

Today, July 19, the so-called friendly hardfork will take place in the network of the privacy-oriented cryptocurrency ZCash, which will result in the Ycash network. This was announced by its creator Howard Lou on the ZCash community forum. Lou spoke out against increasing funding for protocol developers. At the moment, Founder's Reward system assumes that 10% of the total emissions (2.1 million ZEC) […]

Coinbase, the largest US cryptocurrency company, closed the Coinbase Bundle service, which allowed all users of the site to invest in a basket of cryptocurrencies, rather than buying them separately. This is stated in the FAQ on the company's website, although no official statements have been made. So, the launch of the Coinbase Bundle took place in September 2018. The service allowed to invest from $ 25 in the basket […]

Coinbase, the largest US cryptocurrency company, announced the release of a free set of tools designed to help beginners understand the basic principles and secrets of trading on exchanges. One of these tools, for example, translates transactions concluded by the largest traders of the platform. “Signals that transmit the activity of top traders represent a certain percentage of Coinbase customers with large balances that increased (bought) or decreased (sold) their positions […]