Coinbase Inc. lost a bid to block an Internal Revenue Service investigation into whether some of the company’s customers haven’t reported their cryptocurrency gains.

The money is earmarked for expanding accounting, audit and tax software for businesses in the blockchain and cryptocurrency industry.

Coinbase Inc. customers who haven’t reported their cryptocurrency gains to the Internal Revenue Service, beware.

The 10,000 bitcoins that seven years ago famously paid for the delivery of two Papa John’s pizzas would be worth more than $74 million today.

SophiaTX will also provide APIs to integrate with other major ERP and financial software systems.

The Grid employs a main chain and side chains to speed up the processing of smart contracts.

The Internal Revenue Service has signed a contract with a company called Chainalysis that offers software for analyzing and tracking bitcoin transactions.

The Internal Revenue Service has decided to limit its probe of Coinbase users to those who engaged in transactions of $20,000 or more, according to a court filing.