IRS Seeks to Tax NFTs Like Other Collectibles
Digital proofs of ownership will be taxed like the underlying assets until rules on how to treat assets in retirement accounts are finalized
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Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
Coinbase users in Brazil could previously only purchase crypto using credit cards.
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity.
IoTeX Blockchain's DAO Votes to Add Ether Liquid Staking Derivatives
A newly passed improvement proposal will add native support for representing staking buckets as NFTs on the IoTeX blockchain.
First Mover Americas: Bitcoin Holds Steady at $28K Before Fed Meeting
The latest price moves in bitcoin (BTC) and crypto markets in context for March 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Web3 Investor Paradigm’s VP of Engineering Tal Broda Exits
Tal Broda, who joined Paradigm a year ago from Citadel Securities, said he would pursue opportunities closer to his prior experience.
UK Crypto White List Needed to Solve 'Debanking,' Lobby Group Says
British banks have said they keep people away from crypto for their customers' own protection
Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set and missed for 2022.
EU Crypto Banking License Procedures Are Too Inconsistent, ECB Says
The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks.
Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop
Over $8 million worth of tokens has been bridged to the network in the past week alone in the anticipation of an airdrop, one that’s not yet been confirmed.
Fed Preview: Powell Likely to Raise Rates by 25 Basis Points Against Crypto Market's Hope for Status Quo
The Fed will publish its rate decision and quarterly economic projections on Wednesday at 18:00 UTC. A half hour later, Powell will speak at the post-meeting conference, offering more cues about the path forward.
Crypto Exchange GMX Proposes Deployment on Coinbase's Base Blockchain
Decentralized derivatives exchange GMX has community support over deploying the protocol on Coinbase's (COIN) recently-announced layer 2 blockchain, Base.
Circle Seeks to Register in France, Ramping Up European Play
The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law.
Trading Platform Talos Adds Crypto Market Liquidity in Tie-Up With Keyrock
The agreement with the Belgian market maker is part of Talos' ongoing expansion into Europe.
Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security
New vault contracts aim to protect users against liquidity pool exploits.
Arbitrum Put Options Let Traders Bet on First Day Price Action
A put option that expires at $2 is selling for 76 cents on options marketplace Clober.
Bitcoin's Price Rally Driven by Americans' Safe Haven Bid: Matrixport
The U.S. trading hours continue to be a major source of bullish pressure for bitcoin.
Ethereum-Based Carbon Tracker Carbonable Raises $1.2M to Tackle Greenwashing
Carbonable was launched on Ethereum layer 2 scaling system StarkNet, whose parent company Starkware is also an investor.
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading…
Bitcoin Seesaws Below $28K as Investors Eye Fed Interest Rate Decision
The U.S. central bank is widely expected to boost the interest rate 25 basis points.
Render Network Eyes Solana Migration Ahead of Network Changes
A community review will decide if the network will build its new burn-and-mint equilibrium model on the Solana blockchain.
As ZK Tech Booms in Crypto, Developers Must Consider User Safety
Zero Knowledge proofs offer robust security and scaling for the latest crypto products. OpenZeppelin’s Stephen Webber writes about how developers could build more secure ZK proofs.
Decentralized Exchange Camelot Crosses $100M in TVL Ahead of Arbitrum Airdrop
Several on-chain metrics highlight Camelot’s growth ahead of Arbitrum’s ARB airdrop Thursday.
Creators Behind Web3 Game Aavegotchi Raise $30M in Multiyear Token Sale
The sale, which began September 2020, ended Monday over concerns of the stability of the DAI stablecoin.
Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
Core Scientific had stopped paying Priority Power Management in May 2022.
U.S. Supreme Court to Hear First-Ever Crypto Case Tomorrow
The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against…
Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ
The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.
Eva Beylin: NFTs Are Empowering to Artists
The director of The Graph Foundation and a speaker at this year’s Consensus festival, on why NFT artists should get royalty payments and why online pseudonymity matters.
Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge
The data may reflect investors’ need for liquidity during the banking crisis, a CoinShares report says.