Search

Nalezeno "q1 2023": 15637

U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms

10.3.2023
A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine...

Hedera Turns off Services After 'Network Irregularities'

9.3.2023
The network’s native token, Hedera (HBAR), fell 7% to roughly $.055 on news of the irregularities

Silvergate Bank 'Had to Be Perfect' but Now Pays a Heavy Price: Strategist

9.3.2023
But because they weren’t, the industry now is likely to have a difficult time attracting traditional firms into the crypto banking industry, Jim Bianco, president of Bianco Research LLC, says

New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security

9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...

Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool

9.3.2023
One of the top Republican lawmakers, Rep. Tom Emmer (R-Minn.), is campaigning to stop what he argues is the intent of President Joe Biden’s administration to set up a digital dollar that could be deployed to collect information about citizens’ financial lives

Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin

9.3.2023
Amid its ongoing bankruptcy case, Voyager has liquidated more than $80 million since March 8, according to on-chain data sourced from Arkham Intelligence

US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution

9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...

Here’s Every Single Video Game Remake You Can Play In 2023

9.3.2023
This year is completely stuffed with video game remakes and remasters, like the gaming world is an overgrown hermit crab stubbornly holding onto a little cone-shaped shell. While you might wish to be born again every month or so, video games aren’t afraid to rehash what they are again, and again....

New York Attorney General Sues Crypto Exchange KuCoin, Alleges Ether Is a Security

9.3.2023
The New York Attorney General's office sued Kucoin on Thursday, alleging it offered unregistered securities and commodities

Bitcoin Dips Below $21K to Reach Lowest Level In 7 Weeks as Silvergate Bank Shutdown Shakes Investors

9.3.2023
Bitcoin, ether and other major cryptocurrencies turned red as the crypto-focused lender’s crisis continued to unfold

Starbucks Odyssey Releases ‘The Siren Collection,’ Its First Limited-Edition NFT Drop

9.3.2023
Members of Starbucks Odyssey, currently in beta, were able to purchase up to two “Stamps” from an edition of 2,000 featuring the brand’s iconic siren

MakerDAO Founder Calls for Rebranding of DAI Stablecoin

9.3.2023
Rune Christensen said DAI suffers from bad branding that could be slowing its growth on a call with community members

NFT Company Palm Teams With Pussy Riot to Foster Activist Art

9.3.2023
Tolokonnikova will teach an “Activist Master Class” on the Palm network’s educational platform and curate a feminist art contest through the Palm DAO during NFT.NYC

Why Financial Analysts Missed Silvergate’s Red Flags

9.3.2023
There were numerous signs of the crypto bank’s problems, but nobody seemed to notice. Angelo Calvello says you shouldn't use traditional investment metrics to assess a non-traditional company

Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg

9.3.2023
Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report

Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

9.3.2023
During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the...