Day: February 10, 2020

Bitcoin Taxation Support Growing Industry – Here are 5 Useful Cryptocurrency Tax Calculators

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For crypto owners looking to estimate how much they owe in taxes, there are some platforms with a free crypto tax calculator. They integrate with major crypto exchanges and wallets, allowing you to import your crypto transaction data and start calculating your taxes for free. Some of them also integrate with leading tax filing software such as Turbotax. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin Calculating Tax on Cryptocurrency Transactions As cryptocurrencies become more popular and their adoption rises, governments worldwide are ramping up…

Tesla is Risking Lives by Reopening Gigafactory Amid Coronavirus Outbreak

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Tesla has reopened its Gigafactory in Shanghai amid the massive coronavirus outbreak in China. Why is Elon Musk engaging in such a reckless and immoral strategy? The company needs to meet its optimistic guidance forecasts to keep the stock from crashing. How far will Elon Musk go to keep his Tesla (NASDAQ:TSLA) stock soaring? He’s already gone further than you’d think. Tesla sends its workers back to coronavirus hot zone. | Source: Twitter By reopening Tesla’s Chinese Gigafactory in the middle of the massive coronavirus outbreak, Musk clearly values profits…

Redskins Bros Whine for the Most Hilarious – and Depressing – Reasons

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Jennifer King will become the first African American woman to coach full-time in the history of the NFL. King won three titles as a quarterback, wide receiver, and safety during her time with the Carolina Phoenix and New York Sharks in the Women’s Football Alliance. Although women have coached in the NFL before, King becomes only the fourth full-time female assistant in the league’s history. Typically, news that Washington Redskins head coach Ron Rivera had hired a new assistant would only garner interest from the hardcore football bloggers. Not this…

Blockchain.​com Leads ‘Seven-Figure’ Investment in Its Exchange Partner

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Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture arm Blockchain.com Ventures. While the amount of funding is undisclosed, the seed round apparently involved a “seven-figure” investment, a Blockchain.com spokesperson told Cointelegraph on Feb. 10. Additionally, the funding round has also seen participation from blockchain-focused capital market FBG. Wintermute has been a partner of Blockchain.com since July 2019 The investment comes…

Inside Chainalysis’ Multimillion-Dollar Relationship With the US Government

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It started with a $9,000 data software contract for the FBI in 2015. But just five years later, Chainalysis is now the cryptocurrency-tracing equivalent of Palantir, the data analytics company flush with lucrative government software contracts. Chainalysis is, right now, doing millions of dollars worth of business each year with the U.S. government, dwarfing its competitors in the young industry of blockchain surveillance. The company is by far Uncle Sam’s leading crypto analysis contractor by spending and has become the go-to firm for 10 federal agencies, departments and bureaus. In…

Why Are Tezos, Lisk, Binance Coin Beating Bitcoin so far in 2020?

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Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing well recently, in fact, many altcoins are actually outperforming Bitcoin. The most recent notable performers are Tezos (XTZ), Lisk (LSK) and Binance Coin (BNB).  Since the start of 2020 Tezos has surged 118% and Binance Coin 120%. Meanwhile, Lisk has kicked its rally into high gear, surging 450% this year. These movements call for analysis.  Crypto market daily performance. Source: Coin360…

Should They Stay or Should They Go? Crypto Firms in the EU Must Decide

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The European Union lately has been a hotbed for political and regulatory developments that could have a considerable impact on the day-to-day operations of the continent’s financial service providers. While the United Kingdom finally following through on its pledge to leave the bloc introduced political uncertainty for businesses with U.K. operations, implementation of new EU-wide Anti-Money Laundering legislation brought about regulatory certainty — along with the compliance burden that invariably comes with it. On another note, European financial authorities are increasingly vocal about their intentions to create a new regulatory…

IBM Blockchain VP: Every Dollar Spent on Blockchain Yields $15 on Cloud

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Enterprise blockchain is a catalyst for further spending at Big Blue, according to Jerry Cuomo, IBM’s vice president of blockchain technologies. “It is driving additional spend,” Cuomo said. “When you look at the direct attribution of the actual dollars spent on blockchain, we are seeing that for every dollar spent, $15 is spent on other cloud services.” The back-of-the-envelope math offers a revealing glimpse into the storied tech company’s current thinking on blockchain. Cuomo’s revenue figure comes as IBM works to bring enterprise blockchain closer into the company’s sprawling cloud…

Xbox Chief Phil Spencer Reveals His VR Strategy – And Boy, Is It Cynical

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Phil Spencer said Xbox isn’t interested in virtual reality – at least not right now. He also revealed when Xbox would consider making a VR play. He made the comments on a Gamertag Radio podcast. Xbox head Phil Spencer has once again confirmed that Xbox currently has no interest in exploring virtual reality as it exists today. Xbox Still Has No Interest in Virtual Reality In a podcast published today, Gamertag Radio asked Spencer to clarify Xbox’s stance on VR following negative comments last year. In March 2019, Spencer told Stevivor:…