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Kraken to Release User Data to IRS in Compliance with June Court Mandate


Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...

Disney Dreamlight Valley Community Divided After Latest Announcement


Disney Dreamlight Valley, the cozy life sim set in a magical world filled with iconic Disney characters, has been in Early Access since August 2022. It’s set to finally leave Early Access this December, but a recent blog post has divided fans: Disney Dreamlight Valley will not be free-to-play upon...

Proof-of-Value Meme Coin Sensei Inu Explodes Past $300K in Stage 1 Presale


The Sensei Inu ($SINU) presale has surged past $300K after a highly successful launch with significant ecosystem developments in the pipeline. What’s next for this trending meme coin? It would be easy to write Sensei Inu off as another Shiba Inu copycat looking to capitalize on meme coin...

Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery


Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...

Best Crypto to Buy Now October 26 – GALA, The Graph, GMX


While Bitcoin takes a pause, investors are contemplating other altcoins as well as crypto presales in search of the best crypto to buy now. Image by cryptonews.comBitcoin is experiencing a marginal dip today after having consecutive green closes for nearly a week. While Bitcoin takes a pause...

Prosecution Rests Case, SBF to Testify this Afternoon


  Bankman-Fried’s decision to testify comes after a number of his former close associates took the stand against him. Former Alameda Research CEO Caroline Ellison, FTX co-founder, Gary Wang, and head of engineering for FTX Nishad Singh, largely deflected responsibility back...

Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%


Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm. The venture capital division of the largest cryptocurrency exchange by volume, Binance Labs revealed on X (Twitter) that it made a follow-on investment...

Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year


A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals...

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