The Internal Revenue Service {IRS} recently published a list of reporting obligations for the general public regarding cryptos.
U.S Federal Reserve Rejects Custodia Bank’s Membership Application
Custodia, formerly known as Avanti Bank has been waiting almost 18 months. The Wyoming-based bank sued the Federal Reserve in June 2022. Custodia Bank’s application for membership in the Federal Reserve System was rejected by Federal Reserve Board in the United States. This was on the grounds that the bank’s “novel business model and proposed […]
Uniswap moves onwards and upwards as increasing dominance spills into this area
Uniswap’s NFT aggregator registered a sharp uptick in sales volume and active users. Native token UNI jumped by 3.61% at press time. As per a tweet by crypto analyst firm Messari on 27 January, about $3.3 million worth of NFTs in volume was routed through Uniswap [UNI] in the first month of its launch. ~@Uniswap […]
Crypto casino Stake seals multi-year sponsorship deal with Alfa Romeo F1 Team
The partnership sees Stake become a co-title sponsor for the 2023 F1 season and beyond. The Alfa Romeo F1 Team will take on a new identity as Alfa Romeo F1 Team Stake. Stake co-founder Bijan Tehrani said the crypto casino will use the partnership to bring more people to the digital space. Stake.com, a leading […]
All Major Stablecoins USDT, USDC, DAI Surging Again, Data Says
Leading on-chain data vendor IntoTheBlock shares inspiring ‘reversal’ statistics for cryptocurrency bulls
New U.S. Senate bill requires all restaurants, cafes and vending machines to accept Bitcoin payments
The US Senate is considering a concurrent ACCEPT Resolution that will see vendors at Capitol Hill accept crypto as payments. The resolution is one of the most direct attempts by the Senate to integrate crypto as anticipation for a comprehensive regulation grows. The United States Senate is likely on track to get a new resolution […]
Bitcoin [BTC] miner to face class action lawsuit… Details inside
Argo Blockchain is facing a class action lawsuit filed by its investors. The lawsuit accuses the firm of misleading investors and misrepresenting facts. Bitcoin [BTC] miner Argo Blockchain will be the subject of a class action lawsuit filed by its investors. The London-based mining firm has been accused of misleading its investors during its initial […]
Game Devs Surprisingly Skeptic About Blockchain and NFTs, Report Says
State of Game Industry 2023 report by Game Developers Conference that kicks off in San Francisco in March might disappoint crypto bulls
Ripple partner joins forces with Visa to conquer billion-$-markets of Thailand and Australia – Report
Ripple’s partner DeeMoney joins forces with Visa for global payments in Thailand. Novatti-owned International Bank of Australia (IBOA) gets approval to launch payment solution in Australia. Recent reports show that Ripple partner DeeMoney has entered a partnership with Visa. The FinTech giant out of Thailand and a 3-year-old partner with Ripple, has partnered with Visa […]
Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others – Will ADA price react?
Cardano’s hard-fork event in February to increase Cardano’s interoperability with Bitcoin, Ethereum, and other blockchains. ADA might react bullishly to the upcoming upgrade. Cardano’s next upgrade will tentatively take place on February 14, 2023. The hard-fork is said to bring new built-in functions to Plutus, the smart contract programming language for the Cardano blockchain. This […]