Bitcoiners Grilled by Tax Agency About Crypto Investments, Plus XRP Independence From Ripple – Ethereum, Tron, Litecoin, Stellar, IOTA
From a tax questionnaire in Canada to an effort to make Ethereum accessible to newbies, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
The Canada Revenue Agency (CRA) is circulating a questionnaire to find out detailed information about the investing, spending and trading habits of Canadians who hold or use Bitcoin and other cryptocurrencies. Residents who engaged in crypto activity in 2018 may receive a 13-page form filled with 54 questions, as the CRA investigates 60 active audits related to crypto.
Kyle Torpey, the Forbes contributor who broke the story, shared images of the questionnaire on his Twitter account. Canadians are questioned about crypto platforms Changelly and ShapeShift, and various mixing services that are used to mask the identity of crypto recipients and senders.
Ethereum
God’s Unchained, the first competitive e-sports game on the Ethereum network, just hired a new UX designer to make Ethereum fool-proof for newbies.
“One of the biggest challenges for onboarding new users will be the inherent complexities that come with using blockchain technologies. Designing intuitive games and applications is a challenge, crypto makes it exponentially more difficult. Nic’s approach, holistic vision, and attitude towards experience design impressed us early on. In the last 3 weeks he’s demonstrated his abilities exceptionally, and we believe he will be instrumental in many areas including helping us noob-proof Ethereum.”
Ripple and XRP
Ripple has released an extended cut of The Ripple Drop, giving a tour of its new office in London.
Meanwhile, XRP supporters are using a temporary issue with Ripple’s website to highlight the XRP Ledger’s independence from the San Francisco-based company. When Ripple.com went down unexpectedly, the XRP Ledger kept on ticking.
Maybe Ripple trying to prove XRP is not a security?
"If Ripple disapears the XRPL will continue to work".
Putting the theory to the test 🤣
— Leonidas (@LeoHadjiloizou) March 8, 2019
Litecoin
In a livestream on Monday, Derek Capo, the CEO of decentralized payment platform TokenPay, and Litecoin founder Charlie Lee, are about to reveal more info on a strategic crypto partnership. The two organizations first announced their alliance in July. Their goal is to deliver consumer-driven banking solutions that integrate crypto and fiat services.
On March 11 at 12:30PM EST we are LIVE on https://t.co/BiMGbfpzD8 with #Litecoin Founder and our WEG Bank FinTech Partner @SatoshiLite 🔥 He will be talking with @derekcapo about the progress we have made since announcing our strategic partnership in July. https://t.co/FjhWYa6nP0 pic.twitter.com/aoTedRjxNJ
— TokenPay 🛒 (@tokenpay) March 8, 2019
Stellar
The Stellar wallet and decentralized trading client Stellarport just launched a beta test of its upcoming Android App. You can sign up to test the app here.
We're excited to share the link to the beta release of the @stellarportio @Android mobile app!
Come try out the beta and let us know what you think:https://t.co/c16eKzhtdo
— Stellarport (@stellarportio) March 8, 2019
Tron
Tron’s latest report on the platform’s decentralized apps (DApps) is out. This week’s edition covers the growing number of DApps on the network, and takes a closer look at two new apps: Lucky Slot and TronIdol.
IOTA
German security firm Accessec has released a demo of a digital wallet. The wallet uses IOTA to make fuel payments and other retail purchases.
It comes with two-way authentication, allowing two entities to verify each other.
We are very happy to announce that we have finished working on our Integrated #IOTA #TangleBased #CarWallet and Point of Sales #Demonstrator! For further informtaion please read: https://t.co/GSusP54wzF
— accessec GmbH (@AccessecG) February 28, 2019
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