record keeping

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FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

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On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies … Read more

Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’

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Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject to this year’s annual records. Satoshi Nakamoto’s Bitcoin Enters the … Read more

IRS Explains What Crypto Owners Must Know to File Taxes This Year

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Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million filers to reveal whether they acquired or … Read more

PR: Auctus Integrating Bancor Protocol™ to Provide Continuous Liquidity for AUC Token Holders

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Auctus, the world’s first blockchain based retirement plan platform, has entered a collaboration with Bancor to provide continuous liquidity for its token holders. By integrating the Bancor Protocol™ and joining the decentralized liquidity network, AUC tokens will be available in the Bancor Web App along with BNT (the Bancor Network Token™), STORM, OMG (OmiseGO), and … Read more

PR: Propy’s New Launch: It Is Now Possible to Buy Properties in the US for Bitcoin

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Propy, the world’s first international real-estate marketplace, has just launched the alpha open version of its blockchain-based transaction tool. This new transaction tool will allow individuals to buy and sell properties in California using Bitcoin (BTC). The post PR: Propy’s New Launch: It Is Now Possible to Buy Properties in the US for Bitcoin appeared … Read more