[Aug 25, 2023 8:13 AM] Today, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) have jointly announced a set of proposed regulations focusing on the sale and exchange of digital assets by brokers. The is part of the broader strategy set forth by…
[Aug 25, 2023 8:00 AM] After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors. From Cold…
[Aug 25, 2023 7:51 AM] Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation
[Aug 25, 2023 6:45 AM] The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether…
[Aug 25, 2023 6:18 AM] A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.
[Aug 25, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 25, 2023 4:30 AM] Palau’s Ripple-backed stablecoin pilot audit process is advancing, with the Ministry of Finance collaborating with auditors and turning in more than 200 documents for review. Jay Hunter Anson, a Palau Ministry of Finance member, explained he…
[Aug 25, 2023 3:46 AM] A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.
[Aug 25, 2023 2:58 AM] News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.
[Aug 25, 2023 2:48 AM] The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.
[Aug 25, 2023 2:30 AM] Following a two-year long investigation, police have alleged that Israeli tech entrepreneur Moshe Hogeg defrauded investors of $290 million. Hogeg and several of his partners are accused of spending the money they collected from Israeli and foreign…
[Aug 24, 2023 3:00 PM] The founders of the cryptocurrency mixing service Tornado Cash were charged Thursday with allegedly helping to launder more than $1 billion in digital currency, including funds taken by North Korean hackers. Department of Justice: ‘You Can’t Hide…
[Aug 24, 2023 2:38 PM] CoinCorner, a global leader in Bitcoin and Lightning Network services, and Lolly, the hospitality software house, have joined forces to bring Bitcoin payment functionality to the LollyPoS platform, according to a press release sent to…
[Aug 24, 2023 1:43 PM] U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country.
[Aug 24, 2023 1:30 PM] FTX Trading Ltd., accompanied by its linked debtors, has approached the U.S. Bankruptcy Court in Delaware with a proposal to collaborate with Michael Novogratz’s Galaxy Digital Capital Management LP, also known as Galaxy Asset Management. FTX…
[Aug 24, 2023 11:46 AM] Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron Desantis this past week in the GOP’s race for second place.
[Aug 24, 2023 11:38 AM] Blockstream has introduced the 'Splicing' feature in its Core Lightning implementation, enabling liquidity changes to Lightning channels, according to a press release sent to Bitcoin Magazine. This comes on the heels…
[Aug 24, 2023 10:00 AM] The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
[Aug 24, 2023 9:59 AM] The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
[Aug 24, 2023 7:00 AM] IntroductionA group of shareholders of the Grayscale Bitcoin Trust (GBTC) have banded together in the first-of-its-kind activist campaign organized through X (formerly Twitter). Their goal: bringing legal action against Grayscale in an attempt to…
[Aug 24, 2023 6:59 AM] The sharp decline in open interest in active ether and bitcoin perpetual futures contract reflects a typical position reset in the market.
[Aug 24, 2023 6:30 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 24, 2023 5:25 AM] The FTX founder's lawyers will visit him in prison to prepare their defense after a judge denied Bankman-Fried’s request to have daily meetings at his lawyers’ Manhattan office.
[Aug 24, 2023 5:21 AM] As of European afternoon hours, the Polygon-based Trump Digital Trading Cards were selling for over 0.13 ether (ETH), or just over $215, up from 0.1 ETH, or $150, last week.
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