International Coalition Set to Tackle Cryptocurrency Tax Crime

In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release. The J5 is a response to a request […]

South Korea, China and Other “Resistant” Countries Warming up To Crypto: IOTA, EOS, Stellar Lumens, EOS and Tron Technical Analysis

Besides IOTA whose buyers have been consistent in the last three days, others are literally stagnant. EOS is still trending below $9 despite the clout surrounding RAM while Litecoin is likely to break above $90 today. Could yesterday’s rally have to do with South Korea declaration that it will invest $200 million by 2022 on […]

Octagon Strategy Remains Bullish on Bitcoin Despite Price Decline

Digital asset broker Octagon Strategy has said that the company “remains bullish” on bitcoin despite the current decline in price and the possible obstacles that await it in the future. Bitcoin’s continued dip in price has led to a new set of bearish sentiments as regards its future and the possibility that it can reach […]

Opinion: Blood, Sweat, and Tears

The only thing I really know about running a startup is that you’re supposed to suffer. It’s hard as hell to create a good company. The recipe sounds so simple, though: find a problem, create a solution, build a product around it and monetize it. It seems like it’s almost impossible to fail. The reality […]

100 ICOs Launching Every Month in 2018, Generating $13.7 Billion: PwC

PwC, a Big Four auditor alongside KPMG, Deloitte, and EY, reported that 537 initial coin offerings (ICOs) conducted in the first five months of 2018 generated $13.7 billion. Where Did $13.7 Billion Come From and Where Did it Go? The report cited Daniel Diemers, the head of Blockchain EMEA at PwC Strategy, who in cooperation […]

Swiss Finance Director Confident That Full Banking Will Extend to Crypto Companies

Switzerland appears to be moving closer to offering traditional banking services to the large numbers of blockchain companies that have set up there. The finance director of Zug, one of the centres of the nation’s blockchain industry, has spoken optimistically about the market’s future regarding banking. Zug Finance Director: “We Hope to Clarify Relationships by […]