How Coinbase Approaches Forks and Airdrops
Coinbase has stated how they will treat forks and airdrops for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Essentially, they will support stable quality forks and airdrops that meet their criteria.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Coinbase / GDAX Adding ERC20 Support (Does this Mean New Coins?)
Coinbase / GDAX announced that they will be adding support for ERC20 tokens (a common token type of the Ethereum Network). They haven’t announced specific coins, but they are eluding to it.
IRS Reminds Taxpayers to Report Virtual Currency Transactions
The IRS has put out a reminder on tax responsibilities for cryptocurrency. In summary, you have to report transactions and pay taxes on selling, trading, or using cryptocurrency.
Binance Released a Mac Version of Their Desktop App
Binance, a popular exchange, has release a Mac version of their desktop app after only having a PC version up until this point.
Minor FUD and Minor Pullback For Crypto After a Few Days of Recovery
After a pretty epic crypto run, Bitcoin pulled back a bit at $9.1k and took other cryptos with it. This was magnified by some news which spread Fear, Uncertainty, and Doubt. Otherwise, there is some good news.
The Loopring (LRC) Airdrops Explained
Loopring is doing some airdrops for LRC holders starting in May. The details are complex (as frankly Loopring is complex), but the gist is LRC holders will get the LRx cross-chain token. LRx is also available for purchase via a pre-sale.
Bitcoin and Crypto Make Big Gains After An Epic Rally
Cryptocurrencies are finally seeing some gains again after Bitcoin rallied after reaching a monthly low of about $7.2k. There is a long road ahead, but this is good.
Crypto Comes Back Strong After Correction Due to G20 News
The crypto market rallied after days of correction as news spread that sentiment on cryptocurrency from the G20 summit was generally positive.
Twitter Has a Crypto Impersonator Scam Problem
As we reported previously, Twitter has a problem with crypto scams. Crypto celebrities’ pages are being overwhelmed by impersonators.
Google and IMF Crackdown on Crypto Scams Gets Interpreted as Bad News
Google, like Facebook did, is banning crypto ads in June. Meanwhile, the head of the IMF called for a global crackdown on money laundering and the financing of terrorism while noting the importance of cryptocurrency and its technology.