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YouTube helps recover hacked channel that attempted XRP crypto scams
30.4.2023
YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers
Generative AI: Legal Challenges and Opportunities in the Crypto World
30.4.2023
Artificial Intelligence has been very much in the news lately, and it seems that every day we hear about new amazing things that can be done with this technology. Yet with great power come great challenges. There are currently legal questions regarding A.I. content, that once sorted out, will open...
US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’
30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
29.4.2023
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC)...
US House Financial Services Committee Says Crypto Bill Coming in "Next Two Months" – Here's What You Need to Know
29.4.2023
The US House Financial Services Committee and House Agriculture Committee are set to introduce comprehensive legislation to oversee the cryptocurrency sector in the next two months.
Before unveiling the new bill, the two committees will hold a joint public hearing, which is scheduled to start...
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
29.4.2023
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on its rooftop. Bitcoin Racing...
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
29.4.2023
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes...
Crypto is 'Dead in America', Binance.US Says ‘Bye Voyager’, Countries Say ‘Hi CBDC’ and 20 Crypto Jokes
29.4.2023
Read More: Crypto is 'Dead in America', Binance.US Says ‘Bye Voyager’, Countries Say ‘Hi CBDC’ and 20 Crypto Jokes
Mastercard launches Web3 user verification solution to curb bad actors
29.4.2023
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company
Congressman McHenry announces joint hearings to address market structure around digital assets
29.4.2023
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand
Best Crypto to Buy Now 28 April – Cronos, Render, Internet Computer
29.4.2023
As the month of May approaches, the financial world finds itself at the crossroads of several pivotal economic events.
The decisions and data emerging from these events are expected to leave a lasting impact on both equity and cryptocurrency markets.
Given this uncertain macroeconomic backdrop...
U.S. House Will Have Crypto Bill in 2 Months: McHenry
29.4.2023
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services...
The Crypto Miner Reckoning: No Fate but What We Make
29.4.2023
As Bitcoin ages into its teens, it’s time to move beyond tribalism so we can work collectively with legislators and innovate business models of the future, writes Samir Tabar of Bit Digital
Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says
28.4.2023
The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said
Crypto Tax Guidance Could Come 'in 12-ish Months,' Says IRS Official
28.4.2023
The IRS' point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
28.4.2023
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address
Tax law researchers propose IRS framework for deducting crypto losses
28.4.2023
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned
JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles
28.4.2023
Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year’s market downturn.
According to Tyrone Lobban, the head of JPMorgan’s digital asset and tokenization platform Onyx, the bank has already processed close to $700...