Bitcoin Guru

As Ark approachs the launch of MarketSquare, we want to give our community an inside look at some of the partnerships we have formed. These strategic partnerships will not only help make MarketSquare the new homepage for the decentralized web but will also create inroads between ARK and other projects looking to build and collaborate together. Today we would like to introduce you to Magic.Link! What is Magic? Magic is a developer SDK that can be integrated into applications to enable passwordless authentication using magic links - similar to systems used by Slack and Medium. Once a developer integrates Magic into their application a user is able to sign up or log in by doing the following: A user requests a magic link be sent to their email address. The user clicks on the magic link The user is securely logged into the application. #Saying Goodbye to Passwords You may have noticed that this process occurs without the need for signing in or registering with a password. The benefits of p...

Coinbase has disabled its margin trading service, and is also switching out the tax form they send to their users come tax season. According to two new blog posts from the company, the move to cancel margin trading was induced by guidance that the Commodities Futures Trading Commission (CFTC) released in March, and the move to change the tax form was caused by the IRS misinterpreting the previous form Coinbase users were required to send in (1099-k). Disabling margin trading Coinbase began terminating its margin trading service on November 25. The margin trading service will be completely disabled in December when the remaining margin positions expire. Many believe Coinbase's decision to terminate this service is because of CFTC's guidance. Given the guidance, it appeared as though Coinbase was bound to run into the same obstacle as Bitfinex, who settled with the CFTC for $75,000 back in 2016 for executing "illegal trades." "We believe clear, common-sense regulat...