Wrapped Bitcoin (WBTC) has launched on the Ethereum blockchain following significant hopes in the additional liquidity it can bring to decentralized exchanges (DEXs) and merchants. WBTC is an ERC-20 token contract on Ethereum that is pegged 1:1 with Bitcoin. The project is completely transparent and offers a dashboard that reveals the 1:1 ratio between BTC…
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The young cryptocurrency industry comes with numerous technical nuances that can be challenging to keep up with. Further compounding the issue is the upcoming tax season and how to file your taxes for digital assets properly. Although many regulations on digital assets in the U.S. are not definitive, there are some useful tools and rulings…
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By: Brian Curran Bitcoin ETFs were speculated to launch as early as last year, but a slew of proposal denials by the SEC postponed any definitive conclusions about the Bitcoin investment vehicle until early 2019. One of the major proposals, the VanEck-SolidX Bitcoin ETF, was recently dealt another blow as CBOE — one of the…
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