[Aug 1, 2023 8:00 AM] The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take…
[Jul 31, 2023 7:30 AM] According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant…
[Jul 30, 2023 7:30 AM] Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million…
[Jul 22, 2023 9:40 AM] Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might…
[Jul 20, 2023 8:30 AM] Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a…
[Jul 19, 2023 11:30 PM] French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows…
[Jul 19, 2023 11:30 AM] Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call…
[Jul 19, 2023 8:07 AM] Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The…
[Jul 16, 2023 8:00 AM] In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five…
[Jul 16, 2023 12:00 AM] Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the…
[Jul 14, 2023 11:30 AM] Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from…
[Jul 7, 2023 3:15 PM] A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace changes influenced their choice to establish and remain in Scotland.
[Jul 3, 2023 10:00 PM] According to a recent interview with “Real Housewives of Atlanta” cast member Phaedra Parks, the reality TV star gave her son $150,000 to invest and learn about building wealth. Parks mentioned that her 13-year-old son, Ayden, is…
[Jun 30, 2023 1:30 AM] The Law Commission of England and Wales has published its “recommendations for reform and development of the law on digital assets.” The recommendations, which seek to secure the U.K.’s position as a global crypto hub, are intended…
[Jun 26, 2023 11:30 AM] In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The…
[Jun 26, 2023 8:30 AM] Following the spending of 50 bitcoins from 2010 on June 15, after more than 12 years of dormancy, approximately 11 days later, another group of dormant wallets created in 2010 transferred 100 bitcoins worth just over $3 million for the first time…
[Jun 25, 2023 1:30 AM] A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two…
[Jun 24, 2023 6:30 AM] Authorities in Australia have charged two individuals accused of operating a cryptocurrency scam that defrauded two companies of $5.5 million. Luxury vehicles worth $2.7 million including a $600,000 Ferrari have been seized by law enforcement…
[Jun 23, 2023 10:30 AM] During the past week, crypto assets increased in value by 9.62%, rising from $1.10 trillion to the current $1.21 trillion. Apart from the listed stablecoins, the top 20 crypto assets by market capitalization all experienced gains this week, as $110…
[Jun 23, 2023 3:30 AM] While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more…
[Jun 22, 2023 4:00 PM] Licensed since last year, the world’s largest digital asset exchange, Binance, has now launched a trading platform in Kazakhstan. The move comes amid increased pressure from regulators in other jurisdictions, like the U.S., and after Binance’s…
[Jun 22, 2023 12:00 PM] In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the…
[Jun 20, 2023 1:30 PM] In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a…
[Jun 18, 2023 10:30 PM] International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently…
[Jun 18, 2023 8:30 AM] As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners, who have accumulated 1,732 BTC equivalent to $46…
[Jun 16, 2023 11:30 PM] Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while…
[Jun 16, 2023 3:30 PM] A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and…
[Jun 16, 2023 4:10 AM] A survey by Nomura’s digital asset subsidiary shows investors overwhelmingly say digital assets represent an important diversification opportunity.
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