Tag Archives: Tokens

CRYPTOCURRENCY TAXES: WHAT YOU NEED TO KNOW

Taxes are one of the most important things to consider when dealing with assets of any kind, especially since failure to do so could lead to problems with the IRS. Some people are not aware that cryptocurrency is an asset, just like any other asset class when it comes to taxes. But the process may seem so complicated that people fail to file in their tax returns. Continue reading CRYPTOCURRENCY TAXES: WHAT YOU NEED TO KNOW

IOTA says bulk of $11 million stolen tokens found, hacker worked alone

A top official at technology group IOTA Foundation said most of the roughly $11 million in the company’s cryptocurrency stolen from investor wallets has been found, but the funds are being held to be used as evidence by law enforcement authorities against the alleged perpetrator of the heist. Continue reading IOTA says bulk of $11 million stolen tokens found, hacker worked alone

Analyst Suggests Usage of Crypto Tokens on DApps is Minimal, Raising Concerns

According to research conducted by Digital Asset Research, the very raison d’être of many crypto coins and tokens may be in question. In a report circulated with paid members of the group, the usage of the ZRX token on the 0x decentralized exchange platform was examined. Continue reading Analyst Suggests Usage of Crypto Tokens on DApps is Minimal, Raising Concerns

Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. Continue reading Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’