College Student Faces $400K IRS Debt After Crypto Bull Run

College Student Faces $400K IRS Debt After Crypto Bull Run

A student took to Reddit recently asking for advice on how to handle an IRS tax debt of $400K after his crypto investments had bumped and dived. The young Californian, preferring to remain anonymous, profited like many from investments made towards the end of 2017 when his $5K stake in altcoins brought him a massive […]

Saudi University’s New Blockchain Lab To Examine Tokenized Services

Saudi University's New Blockchain Lab To Examine Tokenized Services

New York-based blockchain tech company Blocktech is moving into academia, announcing a new partnership with a Saudi university. Blockchain labs are becoming increasingly more prevalent in the industry for research, as a backbone to a sound strategy of strong blockchain development. Also, many academics with both a business and technology background based at American universities […]

BitcoinNews.com Daily Podcast 3rd November 2018

BitcoinNews.com Daily Podcast 1st November 2018

Listen to the 3 November 2018 BitcoinNews.com Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1664717/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-10-4%2F5575302-44100-2-d7a35aa201c9e.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss how Charlie Shrem is being sued by the Winklevoss Twins for 5,000 bitcoins, and how Coinsource has become the first Bitcoin ATM operator to receive the New York BitLicense. Hear about Coinbase listing Basic […]

New Pan-African Framework Launched to Boost Crypto Trade Across Diaspora

New Pan-African Framework Launched to Boost Crypto Trade Across Diaspora

This week saw the launch of the African Digital Asset Framework (ADAF), a pan-African organization aimed at promoting cryptocurrency-based trade across the continent and amongst the African diaspora. The new body will support another important programme, the Single African Digital Market initiative, which also promotes the use of new technology in the digitized economy. The […]

Electric Bike Integrates Bitcoin Lightning Network

Lightning Bike Integrates Bitcoin Lightning Network

Matthias Steinig, a programmer who focuses on Bitcoin Lightning Network technology, has developed the Lightning Payable e-bike, which can perhaps be called the Lightning Bike. Users send micropayments via the Bitcoin Lightning Network to turn on the bike’s electric motor, with 1 minute costing 250 satoshis, which is USD 0.01-0.02 depending on market fluctuations. This […]

Coinbase Listings Continue to Accelerate, Basic Attention Token (BAT) About to Go Live

Coinbase Listings Continue to Accelerate, Basic Attention Token (BAT) About To Go Live

Coinbase, the largest cryptocurrency exchange headquartered in the United States with a valuation of USD 8 billion, continues to list new cryptocurrencies at an increasing pace. Deposits for Basic Attention Token (BAT) began on 2 November 2018 on Coinbase Pro, and once sufficient liquidity is achieved trading will go live. In general, once a cryptocurrency […]

Google CEO’s 11-Year-Old Mines Ether at Home

Google CEO's 11-Year-Old Mines Ether at Home

It seems like Google’s boss has a son with secret designs on the crypto world after telling his dad that he was mining Ether at home. It appears that Google’s CEO Sundar Pichai’s 11-year-old son has his father’s entrepreneurial gene. Speaking at the New York Times DealBook conference last week he let slip that his son […]