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$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

Crypto Question Placement on New Tax Return 'Signals IRS Action'


The United States Internal Revenue Service (IRS) has released a new draft for filing the 2020 tax returns, with several significant changes - primarily placing the crypto transaction question on the first page of the return. Form 1040, US Individual Income Tax Return, will ask citizens filing...

Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further


The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July. As reported five days ago, bitcoin’s mining difficulty, which...

INX Limited Announces Effectiveness of Security Token IPO


23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million...

IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form


The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...

Leading-Trim: The Future of Digital Typesetting


leading-trim is a suggested new CSS property that lets us remove the extra spacing in every font so that we can more predictably style text. Ethan Wang has written about it — including how Microsoft has advocated for it — and that it’s now part of the Inline Layout Module Level 3 spec. You’d use...

John McAfee Ditches Ghost Crypto Project: He Says It Will Fail


Two-time U.S. presidential candidate John McAfee has announced that he is leaving the ghost cryptocurrency project, claiming that it will fail “without a doubt” and his reputation has been damaged. His Ghost phone service, however, will be launched as planned, he emphasized, adding that...

One Giant ‘LEAP’: Saudi Arabia’s New Global Tech Event


A landmark technology event of national importance is poised to galvanise public and private organisations in the region and beyond, drive social reform and female empowerment, as well as unlock the Kingdom’s boundless investment potential for seismic economic diversification. Supported by Saudi...

Slim Chance of New Russian Crypto Law Emerging in Autumn, Say Experts


Insiders say there is a chance that Russia’s new crypto law could be drafted by autumn – a move that would see a set of regulations in place for the start of next year. But one claimed that that chance of such a quick turnaround from policymakers is “low” – despite no shortage of industry...

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