Microsoft

IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions

The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021.Sponsored Sponsored According to the latest IRS criminal investigation report, this figure represents 93% of assets seized by tax enforcement over the past year. The tax collection agency believes that it could seize further billions in crypto from tax fraud and other crimes over the coming year.Sponsored Sponsored “I expect a trend of crypto seizures to continue as we move forward into fiscal year ‘22,” said IRS Criminal Investigation Chief Jim Lee. “We’re

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Gemini Lists DOGE Competitor SHIB, Community Celebrates

Shiba Inu (SHIB) has taken the market by surprise as its battle against Dogecoin (DOGE) moved to the crypto top 10 by market cap. In a vicious exchange between the two meme cryptos, the Elon Musk favorite and its supports have been trying to keep their spot on the ranking, but the Shiba Army gave equal relentless pursuit. Related Reading | Shiba Inu Continues To Dominate Community-Wise, But Why Is The Price Suffering? This community has another reason to celebrate, as leading crypto exchange Gemini announced that it will be

Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Cryptocurrency markets have been climbing again to kick off the week and the total market capitalization has reached a record high. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion according to CoinGecko.Sponsored Sponsored This has just surpassed the previous high of $2.55 trillion that was made on May 12 when many altcoins were notching up their own record highs. Total Crypto Market Cap – CoinGecko Rival token analytics platform CoinMarketCap is reporting a total crypto market cap of around $2.5 trillion which is about

Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies including Worldgate, llc —the Inc. 5000

Worldgate, llc ranked in the top 5000 by Inc. This recognition goes to ALL OF OUR EMPLOYEES and their commitment to serving our clients and each other in the best way that they can every day. -- Katelyn Montgomery, President RESTON, Va. (PRWEB) August 28, 2021 Inc. magazine today revealed that Worldgate, llc is No. 3,941 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its

NetDocuments Delivers New Productivity, Mobility and Workflow Solutions at ILTACON 2021

NetDocuments We have always equipped our customers with the cloud technology and tools they need to be more productive and continually push innovation. Legal professionals are now putting NetDocuments solutions to use in mobile/remote and hybrid environments. Josh Baxter, CEO, NetDocuments SALT LAKE CITY (PRWEB) August 22, 2021 NetDocuments, the leading cloud content management platform for legal professionals, today introduced several new technologies aimed at enriching the experiences of legal professionals. ILTACON 2021 provides the ideal setting for NetDocuments to showcase its philosophy of “Attorney-Inspired Innovation.” Among the new capabilities

Fundamentally Strongest Crypto Projects in 2020

There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this article, we will take a look at four projects which due to their strong fundamental basis and value added, could eventually become mainstays in the crypto industry. Elrond (EGLD) Elrond is a blockchain that sports

TikTok Ban: The Beginning of a New Age in Social Networks?

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Stocks Fly and Precious Metals Fly, Bitcoin Remains Firm

Even though we said in yesterday’s update that we weren’t going to cover the Microsoft TikTok talks, it seems things have now escalated to the point where it seems difficult to ignore, especially in light of unprecedented intervention from the president. Shortly after we hit the send button, President Donald Trump stated that TikTok now has a deadline of September 15 to sell off all its U.S. operations to an American company, be it Microsoft, Apple, or anyone else. In addition, the president has stated that the U.S. Department of