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US IRS Comes After Clients of Another Crypto Exchange
11.8.2022
In a tax-related effort, the US Internal Revenue Service (IRS) is asking permission to look into the customers of crypto prime dealer SFOX Inc. and its partner.
The service responsible for collecting taxes is seeking to do just that – collect taxes, but this time it’s searching to identify...
Crypto Exchange dYdX Blocked Accounts That Received Even Small Amounts From Tornado Cash
11.8.2022
Cryptocurrency exchange dYdX said it blocked user accounts with an association with Tornado Cash, the crypto-mixing service recently sanctioned by the U.S. Treasury
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
11.8.2022
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings
Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says
11.8.2022
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news...
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
11.8.2022
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul
Crypto Exchanges Hotbit and Bitfinex Face Regulatory Headwinds
11.8.2022
China-based crypto exchange Hotbit has suspended withdrawals after its assets were frozen due to an ongoing investigation. Meanwhile, Tether's sister company Bitfinex is ostensibly facing legal investigation in the US.
Hotbit announced Wednesday that it has suspended trading, deposit, withdrawal...
21-year-old got ‘thought-provoking’ questions after teaching crypto to old folks
11.8.2022
When the 21-year-old Quai Network marketing associate was asked to present a crypto class to residents of an assisted living community, he was more than happy to oblige
Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation
11.8.2022
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank...
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim's Crypto
11.8.2022
The swindle defrauded Apple and targeted at least 40 people
Chinese Web Censor Resolves to Keep Cracking Down on Crypto After Closing 12K Social Media Accounts
11.8.2022
China’s internet censor has struck again – and says it will continue to carry out a national crypto crackdown after closing thousands of crypto-related social media accounts and ordering the deletion of tens of thousands of crypto-themed posts....
Read More: Chinese Web Censor Resolves to Keep...
Brian Armstrong Says the More Crypto Regulation, the Better for Coinbase — CEO Discusses Alleged SEC Investigation
11.8.2022
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.”...
First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue
11.8.2022
Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance; bitcoin and other cryptos rise
Crypto Exchange Bitfinex May Be Facing Criminal Investigation in US
10.8.2022
The exchange’s sister company has been hit with several investigations over who uses its platform and the state of its reserves
Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
10.8.2022
“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
10.8.2022
The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges
Coinbase Faces SEC Probe Over Crypto Yield, Staking Products
10.8.2022
The crypto exchange disclosed it received an "investigative subpoena" from U.S. securities regulators
Market Wrap: US Inflation Slows, Crypto Markets Accelerate
10.8.2022
BTC jumps sharply on CPI news before moderating
Ethereum’s Move From Proof-of-Work Essential for the Network, Crypto Exec Says
10.8.2022
Brian Norton, chief operations officer of MyEtherWallet, joined CoinDesk TV’s “First Mover,” to discuss the blockchain’s upcoming software update
Table Tennis Goes Crypto with Plans for NFT, Web3 Crossovers
10.8.2022
The governing body that oversees table tennis is working with crypto startup NFT Tech to create new fan experiences
Bukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Him
10.8.2022
The latest episode of a South Korean drama series about scorned women looking for revenge featured a character based on the El Salvadoran President Nayib Bukele – and the Bitcoin (BTC)-keen leader is looking on the light side.
The drama in question is named “Becoming Witch” and is currently airing...