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Cryptocurrency exchange Coinbase has decided to discontinue sending customers 1099-Ks, the U.S. tax form which led the Internal Revenue Service (IRS) to mistakenly think traders had underreported their gains.  The exchange will instead use the 1099-MISC form, at least for customers who earn interest on lending and similar products, it said in a Tuesday blog...
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A group of former bankers building on R3’s public Corda Network are touting the first digital currency for that ecosystem, dubbed XDC.  Announced Tuesday, the Cordite Society, a co-operative registered in the U.K., released the XDC crypto token on public Corda, the open-source version of R3’s network. The new regulation-friendly cryptocoin will open the door,...
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The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up customers in the wake of U.S. charges against BitMEX. “We’ve seen an uptick in users with about 2,000 customer sign-ups in the last week,” Aditya...
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Germany’s Nürburgring can welcome up to 20 000 fans next month when it hosts Formula One, organisers said on Monday, after local authorities gave it the go-ahead, accompanied by stringent health measures. Spectators have been conspicuously absent from motorsport’s top competition this year because of restrictions to combat the coronavirus pandemic, but races later in the...
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One of the largest mining facilities in the world – with output to rival a small power station – is set to open for business in the mining-friendly country of Kazakhstan in September. UPDATE (Aug.22, 10:35 UTC): A previous version of this article stated that the power came from Russia, that Dmitriy Ivanov was a...
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SPONSORED The BIO Africa Convention will be taking place digitally on August 24-26 2020. The convention continues with its aim of creating a platform for showcasing African innovations and technologies, creating a platform for funders to interact with start-up companies requiring funding, learn of recent policies and regulations, and presenting an educational programme through high-profile...
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Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

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PayPal-Backed Identity Platform Acquired by Nevada’s Blockchains LLC
December 1, 2020By
Andile Lungisa: Early parole for the house of truth
December 1, 2020By
Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini
December 1, 2020By

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