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White House IRS Tax Foreign Crypto Wallets and Accounts CARF

Cryptocurrency

White House Moves to Tighten Crypto Tax Rules With Push Toward Global Reporting System

The White House is weighing a major overhaul of America’s crypto tax rules, reviewing an IRS proposal that could give U.S. authorities access to...

June16 hours ago

Stablecoin Panic ECB Dutch Central Bank Governor

Business

ECB Warns of Explosive Stablecoin Risks That Could Shake Europe’s Economy

Europe’s top central bankers are sounding the alarm as dollar-backed stablecoins surge toward systemic importance. Dutch central bank governor Olaf Sleijpen warns that fast-growing...

Samarth1 day ago

Crypto Chronicle - Trump, Stablecoin, Shutdown, Washington, Crypto

Business

Crypto Chronicle: The Week Washington Woke Up — and Crypto’s Fuse Was Lit

Trump’s $2,000 “Tariff Dividend,” the end of America’s longest government shutdown, and a record-shattering XRP ETF debut ignited one of the most dramatic weeks...

Alex4 days ago

Business

UFC Shakes Up Fight Night: Polymarket Enters the Octagon With Real-Time Prediction Power

The UFC has inked a multi-year partnership with Polymarket, bringing live prediction data straight into fight broadcasts. Fans will now watch real-time sentiment shifts,...

Samarth5 days ago

Business

Huobi and Dominica will launch the National Token DMC, ushering in a new era of digital identity

Dominica DIDs will primarily be used for Know Your Customer (KYC) verification on cryptocurrency exchanges, the creation of Dominica bank accounts, loan applications, and...

ContributorNovember 29, 2022

Business

BITFRONT, a cryptocurrency exchange supported by Social Media Giant Line, will be discontinued

According to a notice that Bitfront put out on November 27, all withdrawals will stop on March 31, 2023.

AlexNovember 29, 2022

Entertainment

Amazon is teaming up with the Russo brothers, stars of Marvel films, for a new series on FTX.

The Russo brothers' ABGO firm has been commissioned by Amazon to create a limited series around the current FTX crypto scam.

AlexNovember 28, 2022

Business

The state of New York’s Governor Kathy Hochul has issued a two-year ban on proof-of-work (PoW) cryptocurrency mining

The measure is warranted by the high ecological and socioeconomic costs of bitcoin mining.

ContributorNovember 24, 2022

Business

JPMorgan Obtains Trademark for Cryptocurrency Wallet

JPMorgan may now provide Virtual currency conversion, payment processing, virtual checking accounts, and other Cryptocurrency services.

AlexNovember 22, 2022

USDC and USDT deposits and withdrawals on Solana have been suspended by multiple exchanges

It is only users who choose to use the stablecoins via the Solana network that would be affected by these decisions.

AlexNovember 17, 2022

Business

BlockFi considers bankruptcy and layoffs after the collapse of FTX

Employees at BlockFi were warned about the seriousness of the current situation at a company-wide all-hands meeting

ContributorNovember 15, 2022

Business

FTX-related PAXG tokens worth $19M are frozen by Paxos

Paxos was ordered late Friday night to freeze all PAXG linked to four wallet addresses involved in "unauthorized" transfers.

ContributorNovember 14, 2022

Business

Crypto.com accidentally sent 320k ETH to Gate.io, and recovered funds within days of the incident

Approximately a week after the error, Gate.io transferred 285,000 Ethereum (roughly 350 million USD) to one wallet and 35,000 Ethereum (roughly 43 million USD)...

ContributorNovember 13, 2022