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US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
FTX claims portal becomes unavailable shortly after going live
11.7.2023
Users affected by the bankruptcy of FTX or certain subsidiaries have the option of filing a proof of claim through Kroll’s online customer form and via U.S. mail
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
US authorities are investigating former FTX exec for potential campaign finance violations: Report
11.7.2023
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States
Bitcoin exchanges now hold the same BTC supply share as in late 2017
11.7.2023
BTC supply dynamics are pointing firmly in Bitcoin bulls' favor, as an analyst says that "true price discovery" may come as a result
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
11.7.2023
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
11.7.2023
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions
Dubai Virtual Assets Regulator Imposes Enforcement Action Against Crypto Exchange BitOasis
11.7.2023
Dubai-based cryptocurrency exchange BitOasis, which received a minimum viable product (MVP) operational license from the UAE’s crypto regulator in April, is now facing enforcement actions from the authority.
Dubai’s Virtual Assets Regulatory Authority (VARA) issued a market alert on July...
SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
11.7.2023
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex
Dubai crypto regulator suspends BitOasis crypto exchange license
11.7.2023
BitOasis was the crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time
Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country
11.7.2023
According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across...
Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter
10.7.2023
Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded
Crypto Exchange Listing and Delisting Announcements: July 10, 2023
10.7.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Coinbase shares up 50% since the SEC sued the exchange
10.7.2023
Senior Coinbase executives, including CEO Brian Armstrong, have been selling their COIN shares amid the stock’s growth over the past month
Crypto Exchange Volumes Plummet: Spot Trading takes a hit
10.7.2023
The sudden and quick rise in the value of Bitcoin due to ETF investments has not been accompanied by a similar increase in trading volumes. The seven-day average for crypto exchange daily activities decreased from $19.4 billion on June 27 to $14.2 billion on July 8, according to data from The Block...
SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine
10.7.2023
The U.S. Securities and Exchange Commission (SEC) answered the latest filing of Coinbase by shooting down the arguments presented by the exchange to throw out the ongoing lawsuit. The filing reaffirms the institution’s jurisdiction on securities laws, explaining that Coinbase misinterprets...
Tom Brady Lost $30 Million in FTX Stock After Exchange’s Collapse, Report
9.7.2023
Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the collapsed crypto trading platform. Brady and Bündchen...