Category: Economics

The world is preparing for the upcoming four-day holiday weekend. During this rare occurrence, banks and trading markets can be closed for up to 96 hours.

For many years, business owners in Europe have been facing the burden of TARGET2. TARGET2 replaced TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) in November 2007.

The U.S. Internal Revenue Service (IRS) announced on Tuesday that, for tax purposes, Bitcoins will be treated as a property instead of a currency.

Cryptsy hasn’t been very popular in the Dogecoin community lately. After multiple failures, especially during high volatility, many have turned their back on the biggest Dogecoin exchange.

Bitcurex faced a hacking attack on Friday morning, forcing the Polish Bitcoin exchange to (temporarily) go offline. Reportedly, the attack was blocked but some funds were still stolen. This is yet another example of counterparty risk faced by investors in digital currencies. Some services have responded by starting …