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IRS Holds Hearing on Digital Asset Reporting Regulations Following Pushback


Following massive pushback from the crypto industry, the Internal Revenue Service (IRS) held a public hearing on Monday morning, chiefly discussing their recently proposed digital asset broker reporting regulations. A firestorm of comments Initially filed on August 29th, 2023, the IRS’ proposed...

Amazon Games Lays Off 180 Employees


Another day, another round of video game industry layoffs. This time Amazon is laying off roughly 180 employees from its gaming division, as confirmed in an internal email from Christoph Hartmann, VP of Amazon Games.Read more

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market


Source: Timon/Adobe Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to reports from local news outlet Edaily, the exchange has made concrete plans including hiring staff...

JPMorgan: US Crypto Regulations Unlikely to Ease Despite SEC Legal Defeats


Global investment bank JPMorgan has warned investors that U.S. crypto regulations are unlikely to ease, even though the Securities and Exchange Commission (SEC) has lost several recent court cases against crypto firms. “It is far from clear that the regulatory tightening of the crypto...

Best Crypto to Buy Now November 10 – Lido DAO, Ethereum Classic, Immutable


LDO, ETC, IMX, BTCETF, and MK are considered the best crypto to buy now, following their significant market gains and developments. Image by cryptonews.com. Lido DAO’s LDO price has jumped over 22% in the past week, positioning it as potentially one of the best crypto to buy now. Likewise...

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