Author Archives: admin_en

IRS Crackdown; Tracking Bitcoiners with Chainalysis

According to a contract recently obtained by the Daily Animal, the IRS can now track bitcoin and other cryptocurrency addresses. They can do this to route out potential tax evaders. They purchased software from the blockchain analysis group Chainalysis. The document details that “criminals” have used digital currencies to launder money, deal drugs, and commit other unlawful behavior. Read More »

Coinbase status twitter

The official Knot.js library for the Coinbase API. Total Test coverage. Support for both API Key + Secret and OAuth Two authentication. Convenient methods for making calls to the API. Automatic parsing of API responses into relevant Javascript objects. Adheres to the nodejs error-first callback protocol. Continuous Integration testing against knot 0.Ten, 0.11, and 0.12. Read More »

Coinbase CEO Estimates Fighting IRS Summons In Court Costs Up To US$1m – Bitcoin Network, News, Charts, Guides – Analysis

Coinbase remains a prime target of investigation for the IRS regarding Bitcoin transaction being used to evade taxes and launder money. If the company were to argue the John Doe summons, it would cost them up to US$1m. That is fairly a steep price, but given the broad range of what the subpoena implies, it is only normal to see ... Read More »

Class Act Lawsuit Filed Against Cryptocurrency Exchange Kraken – Bitcoin XYZ

This week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have exposed that their holdings of Trio,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users incapable to use the service. Read More »