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IRS Shares New Crypto Tax Form, Invites Industry Input
9.8.2024
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA
Crypto Needs to Radically Rethink Token Distribution
9.8.2024
The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc
What the NYT and Washington Post Op-Eds Get Wrong About Crypto
9.8.2024
It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
9.8.2024
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies
Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
9.8.2024
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan...
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
9.8.2024
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...
10 signs you’ve been in the crypto industry too long
9.8.2024
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold
Thailand launches regulatory sandbox to test crypto services
9.8.2024
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more
Nigerian activist battles for Bitcoin rights in major legal challenge
9.8.2024
The outcome of this case could have significant implications for the future of cryptocurrency in Nigeria
Daily Crypto Update: Top Assets Witness Unexpected Surge
9.8.2024
The crypto market has made a miraculous comeback at the end of the week. Most of the top…
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
9.8.2024
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop...
New platform tracks Bitcoin rollup performance in real time
9.8.2024
Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability
Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy
9.8.2024
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks...
Turkey sees surge in crypto license applications amid new regulations
9.8.2024
Turkey's crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation
Vitalik Buterin moves $8M Ether to new wallet — Possible donation ahead?
9.8.2024
The Ethereum co-founder has a history of making billion-dollar cryptocurrency donations
Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
9.8.2024
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com...
Solana prevents potential outage, patches critical vulnerability
9.8.2024
Solana validator Laine said that an attacker could have attempted to reverse engineer the vulnerability, which could have halted the network
OKX cracks down on Tornado Cash users with account terminations
9.8.2024
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms
Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected
9.8.2024
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country....
Trump-themed token RTR dumps 95% after son denies link to token
9.8.2024
The Donald Trump-themed memecoin “RTR” plunged 95% after Eric Trump warned they have nothing to do with it