CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency

By CCN: Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. The latest IRS acknowledgment of crypto taxation issues is in response to members of Congress. Last month, they fired off a list of demands to the …

Is Bitcoin’s Mysterious Creator Really About to Be Unmasked?

By CCN: Let’s be real. The number of people who believe that Craig Wright is Bitcoin creator Satoshi Nakamoto can easily fit in a sparsely-populated Telegram channel. It includes Wright, Calvin Ayre, Ryan X. Charles, a few dozen BSV supporters, and an army of Twitter bots. Nevertheless, one of the boldest and most baseless claims …

Presidential Candidate Tulsi Gabbard Backs Reintroduction of Bill to Exempt Tokens from SEC

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the …

Danish Tax Agency to Go After 2,700 Nationals for Hiding Bitcoin Trades

Skattestyrelsen (SKAT), the Danish tax agency, has accelerated crackdown against a large number of nationals who secretly traded bitcoin on a Finnish crypto exchange. According to information shared by the Swedish Tax Agency, a total of 2,700 Danes purchased circa $5.80 million worth of bitcoins from the exchange but sold them back for $6.1 million in …

Norway Removes Tax Breaks for Bitcoin Mining, A ‘Disaster’ Says Bitcoin Company

Twitter Facebook LinkedIn Norway, a country known for its green crypto mining outfits, has decided to roll back a tax structure which previously allowed cryptocurrency miners to be taxed on power consumption at the same rate as other industries which use a lot of energy, according to a local news outlet. A parliamentary representative named …

SEC Takes Down Two Crypto Startups for Illegal ICOs

Twitter Facebook LinkedIn Dutiful CCN readers may recall this journalist’s questioning of the Paragon ICO over a year ago. Paragon responded to that article with legal threats, as noted in the author’s subsequent analysis of the initial coin offering in question. Now that some time has gone by, and the whole market capitalization of Paragon …

CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump

The Commodity Futures Trading Commission (CFTC) has bolstered its police actions in the last fiscal year, driven largely by cryptocurrency cases, according to The Wall Street Journal. Under President Trump, the federal derivatives market regulator levied about $900 million in civil penalties in 2018 alone, exceeding the annual amount in five of the eight years …

Indian Authorities Round up on Bitcoin Scammer’s Properties Worth $60 Million

The Directorate of Enforcement (ED) attached $60 million worth of assets in connection with its probe against Amit Bhardwaj in the alleged Bitcoin Ponzi fraud of $5.26 billion. The Indian law enforcement agency has attached immovable properties of the owner of GainBitcoin.com, including six offices in Dubai and the residential apartments and bank balances of …