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Losses

Voyager Announces Large Exposure To Three Arrows Capital

Voyager Digital lent over half of its loan book to Three Arrows Capital and announced major losses due to this exposure. The company’s stock took a massive hit.

Historic Levels of Realized Losses

Sometimes, the bitcoin market is a wild ride.

Tax Day Is Coming: A Primer on Bitcoin and Taxes

For workers, anything received as payment for goods or services, including Bitcoin or other digital currencies, is taxable income unless it is specifically exempted. If...

Umbrella Cryptocurrency Insurance Now Includes Litecoin Coverage In A New Partnership With Poloniex

Press Release: Interim Goal for Umbrella-LTC Price Point is 1:1 with Litecoin.Umbrella continues to make headway in the cryptocurrency space. Fresh off the release...

What To Do If You’ve Been Goxed

AUTHOR'S NOTE: It has been suggested to me that this article may be premature, given the developing nature of the Mt. Gox situation. However,...

Bitcoin Tax Checklist

Last year was very kind to Bitcoin. So kind, in fact, that for the first time, many previously casual Bitcoiners are finding themselves with...

Declaring Bitcoin Income Part 3- Bitcoin As An Asset

This is the third part of a multi-part series that will discuss how to declare Bitcoin income on US personal or business income tax...

Using Bitcoin With QuickBooks- Part 2: Revaluing Your Wallet and Converting to Cash

This is the second part of a multi-part series that will explain how to integrate Bitcoin as a payment method using your existing accounting...

Ponzi schemes: The Danger of High Interest Savings Funds

The views expressed in this article are those of the author and do not necessarily reflect the position of Bitcoin MagazineOver the past five...

The Bitcoinica Linode Theft and What it Means for Bitcoin

On March 1, web hosting provide Linode’s servers were hacked, resulting in a theft of 3000 BTC from Slush and, most severely, 43000 BTC...
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