With April 15 looming, plenty of bitcoin barons have been wondering how to treat their newfound crypto-fortunes. Does it count as capital gains? Is it taxed like a currency? Is it taxed at all? Well, on Tuesday, the Internal Revenue Service announced definitively that Bitcoin is property and much be taxed as such.
As news that 400 Bitcoin ATMs may soon be gracing the byways and highways of Dubai, it’s interesting to note the rise in actual cryptoATM activity in recent months and what exactly is happening in this space. Read More
Bitcoin has had a bit of a rough time the last few months. The virtual currency was soaring in popularity until one of the major Bitcoin exchanged stopped withdrawals back … Continue reading
If you love reading news while on the go, chances are you probably have several news-related apps on your smartphone. There are plenty of ways to curate news, such as Flipboard, Zite (before it was acquired by Flipboard), Appy Geek, and so on. The good news is that if you’re an avid Appy Geek user or if you needed a reason to use Appy Geek, how does $2,000 worth of Bitcoin sound to you?
The folks at Appy Geek have recently shot us an email letting us know that the latest version of Appy Geek – version 4.0 – is now live, and to commemorate the launch, they will be holding a Bitcoin Sweepstake around it that users will be able to enter. As we have said earlier, there will be a chance that you could walk away with $2,000 worth of Bitcoin. (more…)
Appy Geek 4.0 Launched, $2,000 Bitcoin Sweepstakes Announced original content from Ubergizmo.
BitTorrent and cloud downloader app FrostWire has become the first open source torrent app to tie the distributed download system with Bitcoin, using the Canadian band ‘Aint No Love’ as … Continue reading
Bitcoin! It’s wild! It’s crazy! It’s all the rage! But what if instead of bubbling up to the surface and making waves here in the twenty-teens it had gotten popular way back in the 90s? Well, it would have looked a little something like this.
In a bid to avoid another Mt. Gox
You might think a bitcoin exchange that was doing as much business at Mt. Gox was at one time would have a system in place that would allow it to … Continue reading
Bitcoin is big money. When Mt. Gox went belly up
KnCMiner, one of the few cryptocurrency miner companies that tend to ship product, has announced that they sold $2 million worth of their scrypt mining Titan rigs in four hours, a new record for the company. Read More