The Empire Strikes Back: IRS Counters Coinbase Customer’s Action
Two weeks ago, managing partner of Berns Weiss LLP Jeffrey K. Burns filed a motion to set aside the “John Doe” summons against any and all American Coinbase customers. Today, the IRS had an interesting response for Mr. Berns. IRS Counters: Berns’ ‘Motion is Moot’. The Bitcoin community has been somewhat justified in their disturbance over the recent “John Doe” summons against any and all American Coinbase customers a little over one month ago. Thusly, Coinbase is subject to this legislative tool used for retrieving bulk data from companies, rather than details of specific known customers,....
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PRESS RELEASE. Abu Dhabi, UAE – Empire Token’s flagship utility, the Empire NFT Marketplace, is now live on the Ethereum mainnet. The Ethereum Blockchain is a global computing platform and operating system which can be used to create decentralized services and applications. Fortunately, the bright future of this blockchain now has Empire on its side. NFT creators and traders can now use Ethereum coin and Ethereum based tokens to mint and trade NFTs on the Empire NFT Marketplace. Projects that are powered by Ethereum may include anything from smart contracts, voting systems,....
The popular Bitcoin exchange and wallet provider, Coinbase, has begun asking for LinkedIn information as part of their ‘Know Your Customer’ programme, for users who use the platform for trading. KYC compliance. Bitcoin to fiat currency exchanges are obliged by law to ask for a certain degree of personal information from customers wishing to trade on the platform. This is done to prevent money laundering, or at least lessen it. Most companies choose to strike a balance between the minimum required by law and what some would consider to be an invasion of privacy. This usually constitutes....
Crypto exchange Coinbase replied to a report from The Wall Street Journal about an alleged new trading venture. Since its debut as a publicly traded company in the United States, the company’s stock has moved in tandem with the crypto market recording a 75% loss on its equity. Related Reading: TALKING HEADS: What Does The […]
The American Empire is handling Bitcoin as well as the British Empire handled America.
Security concerns have many Bitcoin users feeling uneasy in recent weeks after learning the new Coinbase iOS app wasn't developed by Coinbase. Instead, the app was introduced by a third-party developer not directly affiliated with the company. Though the app carries the Coinbase name and logo, users are skeptical of its origins and security standards. The Bitcoin wallet app, which is similar to previous versions recently removed from the iTunes app store, was developed out-of-house by Andrew Vilcsak, who has no official connection to Coinbase. The Coinbase iOS app. The app store page for....