Search
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...
I Wish I Loved This Final Fantasy Tactics-Inspired SRPG 7 Years In The Making
31.7.2023
Final Fantasy Tactics nailed so many things so exquisitely that, despite plenty of sequels, spiritual successors, and fan homages, there’s never been anything quite like it since. Arcadian Atlas is the latest indie strategy RPG to try and channel its greatness into something familiar but new,...
UK Court Slaps Telecoin Crypto Scam Masterminds With 6-Year Jail Terms
31.7.2023
Two masterminds of the Telecoin cryptocurrency scam will each serve more than six years in jail after a court in the United Kingdom found them guilty of fraud. According to Lee Parish, the detective chief inspector, the duo used the allure of crypto investment to dupe prospective investors....
US Second in World by Debt per Citizen, Rare Bitcoin Block Reward Awakens, BRICS Summit Invites — Week in Review
30.7.2023
A recent study has shown that Singapore, the U.S., and Japan rank highest in the world by debt per citizen, according to United Nations data. In other news, a rare 2010 Bitcoin block reward has awakened after 13 years of dormancy, and the BRICS economic bloc has invited 69 leaders to its August...
Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On
29.7.2023
Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe me or don’t get it, I don’t have time to try to convince...
Binance to Reenter Japan in August 2 Years After Regulator's Warning
26.7.2023
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November
Bitcoin Whale Moves $37M BTC After 11 Years of Dormancy
26.7.2023
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity
Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy
25.7.2023
On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have been spent, resulting in the transfer of...
Nevada Woman Sentenced to 5 Years for Trying to Hire Hitman with Bitcoin
24.7.2023
A Nevada woman has been sentenced to five years in prison for attempting to hire a hitman using Bitcoin (BTC) to kill her ex-husband.
Kristy Lynn Felkins, the 38-year-old resident of Fallon, Nevada, pleaded guilty in March to a murder-for-hire charge as part of a deal with federal prosecutors...
Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis
24.7.2023
In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to...
XRP court ruling marks milestone, but new crypto law could take years
24.7.2023
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework
Next Year’s BRICS Summit to Gather More Than 5 Leaders, Russian Diplomat Predicts
24.7.2023
Moscow expects the number of leaders participating in the 2024 BRICS summit to be greater than five, according to a high-ranking Russian diplomat. The statement comes as the five-member organization prepares to discuss its enlargement at its meeting at the top this year, with dozens of nations...
Sleeping Bitcoin wallet stirs after 11 years, moving over $30M
24.7.2023
The anonymous Bitcoin whale is up over 600,000% from their 2011 purchase of BTC at $4.92
Lawyer Discusses SEC Appeal of Ripple-XRP Ruling — Says It Could Take 2 Years
24.7.2023
A lawyer has provided insights into the potential outcomes if the U.S. Securities and Exchange Commission (SEC) decides to appeal the Ripple ruling regarding XRP. Despite the securities regulator’s indication to appeal the ruling, the lawyer emphasized that “There isn’t...
Dormant $30 Million Bitcoin Cache Roused After 11 Years: 8 Sleeping Wallets From 2012 Stirred to Life in July
23.7.2023
Under the cover of darkness early Saturday morning, July 22, 2023, precisely at 12:51 a.m. UTC, a former dormant bitcoin address, home to 1,037.42 BTC—valued at $30 million—stirred to life for the first time since 2012. Long-dormant Bitcoin Address Springs to Life, Moving $30 Million...
NSFW SpongeBob Artwork By Show's Artists Surfaces After 20 Years
20.7.2023
SpongeBob SquarePants fans have been experiencing an influx of distress after NSFW drawings of the beloved characters hit their social media timelines. While many, like myself, dismissed the lewd drawings as Rule 34 content seeping into social media platforms, the drawings are apparently legit...
Overwatch’s Anime Is Good, But Feels Like It’s Years Late
20.7.2023
In a vacuum, Genesis: An Overwatch Mini-Series is great. The three-part anime is lovingly animated and well-acted, and finally expands upon the origins of Overwatch in a way that goes beyond voice lines and passing mentions in comics or short stories. But each time I finished one of the episodes,...
Ethereum Price Prediction as ETH ICO Participant Moves $100 Million After 8 Years – What's Going On?
20.7.2023
The ETH price has risen by 0.5% in the past 24 hours, ascending to $1,919 after a long-dormant participant in the Ethereum ICO apparently sold $116 million of the token via Kraken.
ETH is now up by 2% in the last seven days and by 11% in the last 30 days, with the altcoin having risen by 60% since...
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
19.7.2023
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks...
Dormant pre-mined Ethereum worth $116M resurrects after 8 years
19.7.2023
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million