advertisement
advertisement
advertisement
News

Coinbase and other crypto exchanges get probed by New York’s Attorney General

New York Attorney General Eric Schneiderman has launched an investigation into cryptocurrency exchanges in the hopes of providing transparency and accountability to a marketplace that frequently operates in a black box. The AG has sent letters to 13 major virtual currency trading platforms, asking for information about their operations, internal controls, and consumer protections. Platforms … Continue reading “Coinbase and other crypto exchanges get probed by New York’s Attorney General”

Coinbase and other crypto exchanges get probed by New York’s Attorney General
News

Investing app Robinhood is raising $350 million, valuing it at $5 billion

Stock-trading app Robinhood is in talks with investors to raise about $350 million in new venture funding at a $5.6 billion valuation, according to the Wall Street Journal. The startup, which has raised $176 million to date, was valued at $1.3 billion last April. The new round was led, the Journal reports, by DST Global, … Continue reading “Investing app Robinhood is raising $350 million, valuing it at $5 billion”

Investing app Robinhood is raising $350 million, valuing it at $5 billion
News

Coinbase is handing over tax information on 13,000 accounts after legal fight with IRS

Coinbase, a popular cryptocurrency wallet, has agreed to provide the IRS with account information on 13,000 users, including their taxpayer IDs and transaction records. The IRS request focuses on Coinbase users who bought or sold more than $20,000 worth of bitcoin and other cryptocurrencies during the span of a calendar year between 2013 and 2015. … Continue reading “Coinbase is handing over tax information on 13,000 accounts after legal fight with IRS”

Coinbase is handing over tax information on 13,000 accounts after legal fight with IRS
News

Bitcoin and taxes: Is anyone reporting cryptocurrency trades in their 2017 returns?

So far, it would appear not! Credit Karma, which operates a tax-filing service, said Tuesday that out the 250,000-plus 2017 federal tax returns it has processed to date, less than 0.04% of them include any mention of a cryptocurrency transaction. And yet some surveys suggest that as many as half of Americans have made investments in … Continue reading “Bitcoin and taxes: Is anyone reporting cryptocurrency trades in their 2017 returns?”

Bitcoin and taxes: Is anyone reporting cryptocurrency trades in their 2017 returns?
advertisement
News

Robinhood takes aim at Coinbase with commission-free crypto trading

Robinhood is getting into crypto. The mobile-first brokerage app, which boasts over 3 million registered accounts, will begin allowing customers to trade bitcoin and ethereum in February. Starting today, customers will also be able to monitor market data and set alerts for 16 major cryptocurrencies. The move puts Robinhood into direct competition with Coinbase, the … Continue reading “Robinhood takes aim at Coinbase with commission-free crypto trading”

Robinhood takes aim at Coinbase with commission-free crypto trading
News

Down goes the price of bitcoin and Ethereum in yet another cryptocurrency plunge

It’s tough out there for cryptocurrency investors. This morning, the price of bitcoin dropped in the double-digit percents–hitting a monthlong low of $11,191.59. Currently the price has risen a bit, to around $12,000, but that’s still a huge drop from yesterday’s $14,094.86. According to Reuters, this drop was caused due to fear of a cryptocurrency … Continue reading “Down goes the price of bitcoin and Ethereum in yet another cryptocurrency plunge”

Down goes the price of bitcoin and Ethereum in yet another cryptocurrency plunge
News

Coinbase is investigating insider trading with its Bitcoin Cash offering

The U.S.-based cryptocurrency exchange is investigating whether some of its employees profited from its launch of bitcoin spin-off, Bitcoin Cash, reports BusinessInsider. The company halted trading of Bitcoin Cash just four hours after it began on Tuesday after the cryptocurrency reached above $8,000 per coin. The problem wasn’t the high price, rather Bitcoin Cash’s value … Continue reading “Coinbase is investigating insider trading with its Bitcoin Cash offering”

Coinbase is investigating insider trading with its Bitcoin Cash offering
News

With the bitcoin price exploding, Coinbase sends a warning message to new investors

Unless you’ve been living under a rock, you probably know that bitcoin has been in the headlines lately. A lot of it has to do with the price, which has been barreling up for quite some time now. Last week, bitcoin hit $10,000, and then, earlier this week, it exceeded $15,000. This insane growth has … Continue reading “With the bitcoin price exploding, Coinbase sends a warning message to new investors”

With the bitcoin price exploding, Coinbase sends a warning message to new investors
advertisement
advertisement