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U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
28.6.2024
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency
Why reports of the death of NFTs are greatly exaggerated
27.6.2024
Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."
How To Explain This Whole Dr Disrespect Situation To The Normal People In Your Life
26.6.2024
Over the last few days, people have been talking a lot about Guy “Dr. Disrespect” Beahm, the once-popular Twitch streamer who was permanently banned from the site in 2020 for mysterious reasons, shifted to YouTube, and who has now come under fire for reportedly sending inappropriate text messages...
The Two-Class System of Regulation Plaguing Europe
25.6.2024
In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the largest government body that has done so through...
Konami partners with Avalanche for Resella NFT platform launch
20.6.2024
Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
16.6.2024
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had...
OpenAI reportedly considering shift to for-profit as CEO stacks board
15.6.2024
The reported discussions come as the company adds a former NSA director to its board
Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack
8.6.2024
Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional $40 million in digital assets is currently frozen. However, the company cannot predict when it will...
U.S. Charges Three in Connection With Evolved Apes NFT Scam
6.6.2024
Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
6.6.2024
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
Ethereum validator P2P.org enables ETH restaking on EigenLayer
28.5.2024
P2P.org’s new API integration enables intermediaries to stake Ether and restake it on EigenLayer directly through its platform
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
27.5.2024
The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo encouraged his followers who are eager to relive the...
Plus: Hellblade II - more niche on Steam than we thought?
24.5.2024
And we take a look around non-Steam goodness, too
Spot Ether ETF Approval Proves ETH is Not a Security, Experts Say
24.5.2024
The recent approval of spot Ethereum ETFs potentially confirms Ether's status as a non-security, according to industry experts.
The post Spot Ether ETF Approval Proves ETH is Not a Security, Experts Say appeared first on Cryptonews
Near plans AI chatbot to help users code decentralized apps
22.5.2024
Near co-founder Illia Polosukhin believes that there’s a need for user-owned AIs that are optimized for people’s well-being and economic success
Japanese Manga Game Captain Tsubasa Launches on Oasys Blockchain
20.5.2024
Japanese Manga-inspired game Captain Tsubasahas launched on the gaming blockchain Oasys offering 5,000 non-fungible tokens (NFTs) to players.
The post Japanese Manga Game Captain Tsubasa Launches on Oasys Blockchain appeared first on Cryptonews
Yes, Morph Was Confessing Feelings For Wolverine in X-Men ‘97
17.5.2024
The season finale of wildly popular new animated series X-Men ‘97 had Morph, the non-binary shapeshifting mutant of the titular superhero team, confess romantic feelings for Wolverine. Well, technically Morph did it after transforming into Jean Grey in an effort to get the claw-touting hero...
French Regulator Warns Investors For Using ByBit Despite Ban
17.5.2024
ByBit has been under scrutiny in France for its lack of non-compliance with current regulations and was blacklisted in 20 May 2022.
The post French Regulator Warns Investors For Using ByBit Despite Ban appeared first on Cryptonews
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
17.5.2024
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s...