The Electronic Frontier Foundation (EFF), an organization that advocates for the rights of digital consumers, has warned that plans for a cryptocurrency tax in the massive Democrat-pushed infrastructure bill risks stifling the emergent crypto market in the U.S. and exposing the personal data of those engaged in it.
Rep. Tom Emmer (R-MN) told Breitbart News in an exclusive statement Monday that the cryptocurrency tax in the so-called bipartisan infrastructure bill would be “dire” for American jobs.
Sen. Pat Toomey (R-PA), the ranking member of the Senate Banking Committee, released a statement that slammed the so-called “infrastructure” bill’s provision to tax cryptocurrency as “unworkable.”
Rep. Ted Budd (R-NC) told Breitbart News in an exclusive interview Monday that the cryptocurrency regulations in the so-called bipartisan infrastructure bill are “devastating” for American jobs and the country’s competitiveness in the financial technology industry.
Teeka Tiwari, editor of a financial newsletter from the Palm Beach Research Group — and advertising sponsor of Breitbart News — said Monday that bitcoin and other cryptocurrencies will likely become checks against central banks’ printing of money.
E-commerce giant Amazon has denied a recent media report claiming that the company will soon accept Bitcoin as a payment method.
Malaysia’s crackdown on cryptocurrency mining produced a viral video over the weekend that showed 1,069 computers seized in raids this year getting crushed by a steamroller.
JERUSALEM — Israel said Thursday it will begin seizing cryptocurrency accounts used by the Palestinian Hamas group to raise money for its armed wing.
Why do some experts see cryptocurrency as this decade’s must-have investment? What exactly is crypto and how can average investors navigate the crypto market’s volatility? To get answers, Breitbart News Editor-in-Chief Alex Marlow spoke with crypto investment expert Teeka Tiwari, whose PickoftheDecade.com presentation and Palm Beach Letter provides investors with a clear explanation of the crypto market and how they can maximize their benefits from this new asset class.
Despite recent saber-rattling on the lack of “robust oversight” over cryptocurrency by Securities and Exchange Commission (SEC) chairman Gary Gensler, the Commission has no plans to regulate cryptocurrency in 2021, according to its recently published rulemaking list.
The National Republican Congressional Committee (NRCC) announced Thursday, they will begin accepting cryptocurrency as a campaign contribution to help rake in more cash in their hopes to regain the House of Representatives.
El Salvador has become the first country in the world to accept Bitcoin (BTC) as a form of legal tender, under a new law championed by the country’s President, Nayib Bukele, and passed by the country’s Congress.
The United States government is said to have recovered millions of dollars in cryptocurrency paid as a ransom to the hackers believed to be behind the cyber attack on the Colonial Pipeline Co., the largest pipeline system for oil products in the country.
An anti-Elon Musk cryptocurrency coin called $STOPELON has reportedly joined the digital currency market following Musk’s negative comments about Bitcoin.
Vice News reports that Bitcoin and cryptocurrency users are extremely upset with Tesla CEO Elon Musk after it was announced that Tesla would no longer accept Bitcoin as payment citing environmental concerns.
Tesla and SpaceX CEO Elon Musk has called for a new carbon tax in a recent social media post, just days after announcing that Tesla would no longer be accepting Bitcoin as payment due to environmental concerns.
Morgan Wright, chief security officer for the SentinelOne cybersecurity corporation and former senior adviser to the U.S. State Department Antiterrorism Assistance Program, joined SiriusXM host Alex Marlow on Wednesday’s edition of Breitbart News Daily to discuss the cyberattack that crippled the Colonial pipeline and caused fuel shortages across the eastern United States.
Zoë Roth, who became a popular meme known as “Disaster Girl” has reportedly made almost $500,000 from an NFT auction of the meme.
April 26 (UPI) — If he earns a spot on the Kansas City Chiefs’ roster to start the 2021 season, tight end Sean Culkin will become the first NFL player to convert his entire salary to Bitcoin.
An anonymous donor has generously paid adoption fees for 21 pups living at a shelter in Daytona Beach, Florida.
The digital artist known only as Pak has reportedly sold a single pixel as a part of a collection of non-fungible tokens (NFT) for a total of $1.4 million; the entire collection sold for $17 million.
According to a recent report from Bloomberg, the market price of non-fungible tokens (NFTs), which rose to popularity in recent months, is now crashing. The market for NFTs is reportedly down almost 70 percent from its February peak.
Vice News reports that many people who spent large amounts of money on Non-Fungible Tokens (NFTs) are now finding that the token they purchased has disappeared and are left with little to no recourse.
In a recent article, the Byte by Futurism outlines the opinions of digital artist Beeple, otherwise known as Mike Winkelmann, on the recent non-fungible token (NFT) craze after he sold his own NFT for a record-breaking $69 million. The artist called the crypto craze a “bubble” despite his massive profits.
As the hype around Non-Fungible Token (NFT) art continues to grow, many are ridiculing the craze including British actor and comedian John Cleese who is now selling his own drawing of the Brooklyn Bridge as an NFT. Cleese commented on the blockchain-based NFT craze, saying “The world has gone terminally insane.”
A Brooklyn-based film director is mocking and profiting off the recent cryptocurrency craze for Non-Fungible Tokens (NFTs) by selling a year’s worth of fart audio clips.
In an SEC filing on Monday, Elon Musk’s Tesla revealed that it has bought $1.5 billion worth of Bitcoin and will soon accept Bitcoin as a payment method for products in the future.
A British IT worker named James Howells is reportedly offering a 25 percent cut of his lost 7,500 Bitcoin fortune to the Welsh city of Newport if it allows him to excavate a landfill where he dumped the hard drive containing the Bitcoin treasure trove in 2013. The 7,500 Bitcoins are worth about $275 million at current prices, meaning the city stands to gain more than $70 million if the hard drive is found.
Ethereum co-founder Vitalik Buterin called out the Big Tech Masters of the Universe and their “attempts at bringing down Parler,” sharing his concerns about “tech CEOs” having the ability to “run roughshod over democratically elected officials.”
Twitter CEO Jack Dorsey recently laid out his opposition to proposed cryptocurrency regulation, stating that it would create “perverse incentives for cryptocurrency customers to avoid regulated entities for cryptocurrency transactions.”
Professional athletes love to get paid, but one particular professional athlete is getting paid like none other.
Bitcoin (BTC) broke the price threshold of $20,000 in Wednesday morning trading, another record high set in a nascent bull run fueled by adoption from institutional investors.
Coinbase CEO Brian Armstrong is sounding the alarm over a proposed regulation from the Department of the Treasury that would clamp down on the use of independent cryptocurrency wallets and potentially strengthen financial censorship.
BERLIN (AP) — A 33-year-old Italian citizen was going on trial Friday in Berlin on allegations that he threatened to blow up a British National Health Service hospital unless he was paid off with 10 million pounds ($13.2 million) in crypto currency.
The Facebook-backed Libra Association has announced a rebranding of its “Libra” digital currency which will now be called “Diem.”
The U.S. government revealed this week that it seized $1 billion in Bitcoin from the Silk Road, a dark web drug marketplace that was shut down by the FBI in 2013. The funds were uncovered through an agreement between the government and an unnamed hacker that acquired the bitcoin when the marketplace was still active.
“Earlier this evening, the Trump campaign website was defaced and we are working with law enforcement authorities to investigate the source of the attack,” Trump 2020 communications director Tim Murtaugh said in a statement to reporters.
There is growing concern that SEC chairman Jay Clayton is not doing enough to counter growing Chinese dominance in digital currency.
Following Coinbase CEO Brian Armstrong’s recent rejection of woke capitalism in which he declared that his employees must keep their personal politics out of the workplace or leave, about five percent of the company’s workers have actually left the cryptocurrency firm.
John McAfee, the tech pioneer behind one of the world’s first consumer anti-virus programs, was indicted for tax evasion by the DOJ and was arrested in Spain, where he now faces extradition back to America.
