Virtual currencies are common forms of financial activity. A quarter into the 21st century, the average individual has become aware of (and often comfortable using) things like Apple Pay, digital ...

Until late 2019, the IRS had released very little guidance on the tax treatment of what it refers to as “virtual currency” except Notice 20141, which defined virtual currency as “property,” like ...

LOS ANGELES -- Bitcoin, the world's most popular virtual currency, isn't like the quarters and bills that you might be used to. The currency is powered instead by lines of computer code that are ...

The determination and grind to become the best player on the NBA 2K25 court is both stressful and exciting. There are many different ways for NBA 2K25 players to improve their game where that hard ...

The argument being made by Take-Two is that the virtual currency is not a player’s property, to begin with. There have been a few lawsuits against developers and publishers for microtransactions.

SAN FRANCISCO — It took Facebook seven years to raise $1 billion from investors. Uber did it in five. The messaging company Telegram has been around since 2013, but never tried to raise significant ...

A Chinese man who extorted virtual items and currency from a fellow Internet cafe user to improve his performance in online games was sentenced over the weekend, local media said. With three friends, ...