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IRS to reshape its BTC tax policy next year – what to expect as an ordinary user?

Pretty much every year, investors seem confused or rather concerned about their tax filings. Things are relatively difficult for crypto investors because of the unregulated market and the volatile nature of the asset itself. However, April 2020 might bring a great deal of composure for crypto investors and traders in the US. In May 2019, the IRS rolled out…

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Facebook’s Libra Uses Bitcoin and Ethereum as Stepping Stones to Take Over Banks

Ever since Facebook announced its upcoming cryptocurrency, tech geeks have been curious to get their hands on the whitepaper to know more about this thrilling project. Recently, Facebook ended the anxiety by rolling out a 29 pager, explicitly showing off the talent onboard and making an electrifying entry in the crypto niche. Of course, the paper also aims at…

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Ripple and Barclays Pour in $1.5+ Million for XRP Based Remittance Startup

Multiple tech investors, including Ripple and Barclays, have generously spent $1.7 million to support SendFriend, which happens to be a remittance startup. Over the months, we have seen an array of crypto-based ventures in the remittance niche, but in the recent year, SendFriend is the latest and very reasonably funded project. Ripple has always taken a stance to facilitate…

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Amazon shakes hands with Kaleido to launch an enterprise-level blockchain marketplace

Some of you might be hearing about Kaleido for the first time. But those who have been following enterprise-level blockchain implementations must already be aware that it aids businesses in implementing decentralized use cases in pretty much all niches. Since Amazon is also taking a keen interest in blockchain technology and is quite rapidly expanding its outreach, Kaleido has…

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US states compete to become most crypto-friendly while federals seem disarrayed

It is quite reasonable to call 2018, the blockchain year. We have been observing a wave of crypto and blockchain developments in pretty much all sectors. Let it be ICO launchings, Venezuela planning to trade its oil for Petro token, or US states competing with one another to wear the crown for the most crypto-friendly state, the progress (as…

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Turing Award Winner Raises $35M to Launch Improvised Blockchain

All hail to the Turing Award winner, Dr. Andrew Chi-Chih Yao, who has finished an immensely successful fundraising campaign for his latest venture. Venture capitalist giants, Baidu and Sequoia, have joined the non-profit foundation to assist Dr. Andrew in creating and launching a new blockchain in 2019. The noticeable co-founders also include highly renowned professors…

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