Search
7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule
13.10.2023
Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks
12.10.2023
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on...
US Inflation Rises Beyond Projections: Markets Jittery, Rate Hike in Question
12.10.2023
In September, U.S. inflation surpassed expectations, with the U.S. Bureau of Labor Statistics revealing a 3.7% year-on-year surge in the consumer price index (CPI), as per the latest data. While core inflation slightly decreased from 4.3% to 4.1%, market pundits anticipate that the U.S. Federal...
UK FCA Working on Blue Print for Fund Tokenization Due This Year
12.10.2023
The U.K. financial regulator said earlier in the year it was speaking to firms and trade groups in relation to proposals on fund tokenization
This ‘Playable Documentary’ About A 1984 Classic Is One Of The Year’s Best Games
12.10.2023
When you first fire up The Making of Karateka, Digital Eclipse’s excellent interactive retrospective about Prince of Persia creator Jordan Mechner’s 1984 masterpiece, you’re greeted with this quote from his journals, written when he was just 18 years old:Read more
Binance CEO Changpeng Zhao Shares Thoughts on Bitcoin Halving
11.10.2023
Changpeng “CZ” Zhao, founder and CEO of Binance, has shared his thoughts on the upcoming Bitcoin halving. Using Binance Feed, the X-like social feed of the exchange, Zhao explained that Bitcoin prices won’t double immediately after the halving and that new all-time high (ATH)...
Nice! Xbox Actually Has Games This Year
10.10.2023
Last year was a strange one for Xbox. While Game Pass continued to be a big win for Microsoft, it failed to release any big exclusive, first-party games. But as we enter the final months of 2023, this year has been different. Microsoft has actually released games, including some big, popular ones....
Israeli Shekel Hits 7-Year Low Amid Conflict; Central Bank Launches $30B FX Intervention
10.10.2023
On Monday, as tensions escalated between Israel and Hamas militants from the recent weekend skirmishes, the Israeli shekel plummeted to its weakest level in seven years. Responding to the declining currency, the Bank of Israel unveiled a strategy to offload up to $30 billion in foreign exchange...
Kristina Campbell Ends Two and Half Year Relationship as CFO of Ripple
9.10.2023
Kristina Campbell, who served as Ripple's Chief Financial Officer (CFO) for approximately two and a half years, has recently left the company.
While the official announcement of her departure remains undisclosed, her LinkedIn profile now reflects her new role as the CFO of Maven Clinic, a digital...
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
9.10.2023
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 and 811,244, two addresses from that vintage year...
Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year
9.10.2023
The exchange is immensely popular in the country and is known for attracting speculative rallies
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Against the Odds: Bitcoin Sees Fewest Obituaries in Ten Years
5.10.2023
With two-thirds of the year done, the Bitcoin Obituaries list has recorded a decline in memorials compared to the last ten years, tallying just seven so-called bitcoin death announcements in 2023. The last sentiment of demise was voiced by tech magnate Chamath Palihapitiya, who proclaimed...
Crypto VC funding falls to 3-year lows as market rout continues
5.10.2023
Venture capitalists are doing fewer deals and the average deal size is getting much smaller, according to researchers
Singapore Police Officially Confirm “36-Year-Old Man” Arrested Connected to Crypto Hedge Fund 3AC
5.10.2023
Cryptonews reported last week that Su Zhu, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has been arrested in Singapore. The local police have officially confirmed the arrest, responding to a Reuters query on Thursday....
Read More: Singapore Police Officially Confirm...
Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari
5.10.2023
The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020
Singapore Police Responding to Su Zhu's Arrest Says It Has Detained 36-Year Old Man: Reuters
5.10.2023
Zhu was reportedly arrested last week while trying to leave the country, liquidators said
Web3 Gaming Platform Immutable Gears Up for zkEVM Mainnet Launch Early Next Year
5.10.2023
Web3 gaming platform Immutable has unveiled its highly-anticipated mainnet launch roadmap for Immutable zkEVM, marking a significant step towards becoming the go-to platform for gaming on the Ethereum network.
The gaming platform aims to enhance the player experience, revenue engine,...
Report: Tom Brady Received $55 Million for FTX Commercials Before Its Collapse
5.10.2023
According to a report, former National Football League quarterback Tom Brady was paid $55 million to feature in the collapse cryptocurrency exchange FTX’s advertisements. As part of the arrangement, Brady would devote 20 hours of his time each year for three years. Celebrities Paid to Promote...
Overwatch 2 One Year Later: Why Am I Still Doing This?
4.10.2023
The path leading up to the October 4, 2022 release of Overwatch 2 was tough to navigate, like a half-cleared trail in a dense wood. The messaging around the game was winding and discombobulating (it wasn’t clear if it was a standalone sequel, if the original Overwatch would shut down, if/when...