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Bitcoin's Surging Dominance – Is This Time Really Different?

[ad_2][ad_1] Noelle Acheson is a veteran of the company analysis and CoinDesk's Director of Research. The opinions expressed in this article are the author’s own. The following article appeared in Institutional Crypto by CoinDesk, a free weekly newsletter focused on crypto assets. Sign up here. Everything flourishes with a bit …

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Coinbase Discloses Password Vulnerability Affecting 3,420 Users

[ad_2][ad_1] Despite the ridicule that modern tech companies face potentially misleading passwords for plain text, despite better intentions, company-side mistakes can still lead to security vulnerabilities. On August 16th, a blog post from internal server logs detailed, related to internal server logs The bug was reportedly found internally by the …

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China seems to be softening its position on cryptocurrency

[ad_2][ad_1] In an unexpected move, an important Chinese state bank has published what appears to be a positive infographic on its website which describes in detail the history of Bitcoin and some basic concepts of cryptocurrency. The infographic notes the impressive gains that Bitcoin has recently benefited from and seems …

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IRS to Cryptocurrency Owners: How to Clean, or Else!

[ad_2][ad_1] The Internal Revenue Service is against the Americans who haven't reported income from cryptocurrencies like bitcoin. In late July, the IRS said it had to send warning letters to more than 10,000 people who may have complied with tax rules on virtual currencies. Agency officials have said criminal tax …

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