Taiwanese Candidate Accepts Crypto Donations, California Bans Them

Regulation Using cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says […]

SEC Delays Van Eck-Solid X Bitcoin ETF Decision, Wants More Comments

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on VanEck/Solid X backed exchange-traded fund (ETF). According to a September 20 filing, the Commission has already received roughly 1,400 letters of comment regarding the Van Eck/Solid X Bitcoin ETF proposal. Nevertheless, it […]

US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance

Taxes On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when […]

Credit Card Cartels Landed With $6.2 Billion Price-Fixing Bill

Finance Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed to settle the price-fixing case for a whopping $6.2 billion. Also read: Raising the […]

Kraken Launches OTC Block Trading Service

U.S.-based bitcoin exchange Kraken has announced a major expansion to its OTC trading platform which will enhance the execution of large block trades for clients worldwide. https://t.co/qYwvjUx1Fb — Kraken Exchange (@krakenfx) 17 September 2018 According to the statement, Kraken now offers deeper liquidity and private, personalized […]

"Mastering Bitcoin" on 0 conf

Tip A common misconception about bitcoin transactions is that they must be "confirmed" by waiting 10 minutes for a new block, or up to 60 minutes for a full six confirmations. Although confirmations ensure the transaction has been accepted by the whole network, such a delay is unnecessary for small-value items such as a cup […]