New Nintendo Switch Sales Data Release Exposes Glaring Strategic Flaw

Nintendo Switch sales figures are outpacing those of the company’s earlier consoles. This data release seems to suggest the console is a smashing success. However, the numbers don’t quite stand up to closer scrutiny. The Nintendo Switch crossed another milestone, surpassing 41 million unit sales. At first blush, that’s spectacular news for the video game […]

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How to Report Crypto Assets Accurately

The United States Internal Revenue Service (IRS) is continuing to focus its efforts in cryptocurrency. After sending a recent enforcement letter, the IRS has released two new pieces of guidance for taxpayers who engage in transactions involving digital currency. The new guidance includes Revenue Ruling 2019–24 and FAQs, including guidance for using the specific identification […]

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Canadian Fund Manager to List Bitcoin Fund on Major Stock Exchange

Canadian investment fund manager 3iQ received initial approval on its long road to launch a closed-end bitcoin fund on the Ontario Stock Exchange later this quarter. The firm said on Wednesday that it received a favorable ruling before a panel of the Ontario Securities Commission (OSC) for the Bitcoin Fund, noting the commission moved to […]

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PayPal Abandons Libra, May Indicate Larger Plans For The Payment Processor

PayPal has announced that it will withdraw from the Libra Association, which is yet another blow to Facebook’s planned digital currency. Whereas it is no secret that politicians and financial regulators are highly skeptical of Libra, this move is the first indication of a rift among the platform’s partners. It also underscores the challenge legacy […]

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PaperTale blends technology with sustainability through the blockchain

Since the environment we buy our products from has become ever more global, it has become more and more difficult to keep track of where and these products are made, and if they’ve been manufactured in a way that adheres to our principles. Now, however, a new Swedish blockchain company looks set to change all […]

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