Business

IRS sends new batch of ‘crypto letters’ to taxpayers
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28 August, 2020

IRS sends new batch of ‘crypto letters’ to taxpayers

There are three types of letters, each indicative of the degree to which the IRS thinks individuals are underreporting digital...
Telegram drops 2-year ‘Gram’ trademark lawsuit
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28 August, 2020

Telegram drops 2-year ‘Gram’ trademark lawsuit

Florida-based Lantah claimed to have formed months before Telegram’s blockchain efforts began and that it intended to issue its own...
Over 1,000 customer data missing in CryptoTrader.Tax breach
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28 August, 2020

Over 1,000 customer data missing in CryptoTrader.Tax breach

The digital currency tax reporting service suffered a breach, resulting in 13,000 rows of data and 1,082 customer email addresses...
Layer1 accused of mischaracterizing people’s involvement in fundraising pitch: report
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28 August, 2020

Layer1 accused of mischaracterizing people’s involvement in fundraising pitch: report

Layer1 is reported to have exaggerated the role Liu Xiangfu plays within the company during the recent version for its...
South Korea’s Coinbit seized over market manipulation claims
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28 August, 2020

South Korea’s Coinbit seized over market manipulation claims

An analysis of transactions reportedly showed that Coinbit allegedly manipulated up to 99% of its total transaction volume.
Wirecard lays off over 50% of staff amid insolvency process
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27 August, 2020

Wirecard lays off over 50% of staff amid insolvency process

The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total...
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