IRS warns crypto holders: dodge tax and we’ll hand out stiff punishments

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Service sending out warning letters to more than 10,000 people holding digital currency and says taxpayers should take these very seriously Watch out, crypto-heads the taxman cometh. The Internal Revenue Service has begun mailing more than 10,000 letters to cryptocurrency … Continued

Everyone Wants Facebook’s Libra to Be Regulated. But How?

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Everyone from President Trump to Representative Maxine Waters (D-California) says Libra, Facebook's planned cryptocurrency, should be heavily regulated. But nobody seems to know how—including Facebook. That much was clear in the often muddled questions of legislators who hauled in Facebook … Continued

Libra: US Congress asks Facebook to pause development

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Legislators say they need time to investigate cryptocurrency and its potential impact The US Congress has asked Facebook to pause development on its cryptocurrency until lawmakers have had more time to investigate the ramifications of the companys actions. In a … Continued

Why Facebook’s Libra currency gets the thumbs down | Joseph Stiglitz

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Only a fool would trust Facebook with their financial wellbeing. But maybe thats the point of the Libra currency Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching … Continued

First on CNN Business: Mondelez is buying enough solar power to produce 10 billion Oreo cookies per year

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New York (CNN Business)Mondelez is trying to accelerate America’s renewable energy boom by purchasing enough solar power to produce 10 billion Oreo cookies per year. “We want to be at the forefront of the fight against climate change,” Jonathan Horrell, … Continued

Angry Nerd: Come On! We Can’t ‘Decentralize’ Everything!

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Help, I’ve been atomized! Obliterated! Shattered and scattered in the cyber-ether! My corporate overlords have heard the call: “Decentralized” is the new “disrupted.” It’s not just about putting stuff “on the blockchain” anymore—it’s fuzzier than that, hipper, more notional. Whatever … Continued