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Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax Filings for 2019



With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in cryptocurrency and Bitcoin tax filings next year. Record Loss Claims in Cryptocurrency Tax Filings In a press release by NODE40 – a cryptocurrency accounting firm, the company […]

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Bitcoin Lightning Network Capacity Quadruples Since November



Lightning Network continues to grow at a phenomenal rate, with capacity now topping 460 BTC, and a reported 16,000+ channels. Lightning Network Sees Accelerating Growth It feels like Lightning Network (LN), bitcoin’s energetic, frugal young apprentice, is in the news every other week. Certainly, LN is regularly breaking fresh milestones, although to be fair, there are […]

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Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months



Between September and November 2018, a total sum of $78,000 was lost to cryptocurrency scammers in Singapore after they used a series of strategies involving spreading false information about fake investments online to attract investors. A  Straits Times report reveals that the scams were specifically designed to appeal to Singaporean residents by using well-known local personalities […]

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