The IRS unveiled new guidelines aimed at tightening crypto tax reporting and closing loopholes. However, crypto industry leaders strongly oppose the changes, arguing they will stifle innovation and privacy in the US compared to other countries. Critics believe the rules need to be tailored specifically to crypto, not just copied from traditional asset reporting. The […]
SEC charges podcaster in first unregistered securities sales claim against NFT offering
Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs.
Shiba Sets Sights on $0.00001; This New AI Project is Gaining Strong Momentum in the NFT Community Here’s Why
In the dynamic world of cryptocurrencies, market movements are often as intriguing as they are unpredictable. As Shiba Inu’s price aims for the ambitious target of $0.00001, investors find themselves navigating a sea of possibilities. Amidst this backdrop, a new and innovative project, Borroe ($ROE), is rapidly gaining traction within the NFT community. In this […]
Binance leaving Russian market is ‘on the table’: Report
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”.
XRP August Outlook: Predicted Plunge Amidst Legal Battle After July’s Rally
XRP surged 47% in July after a favorable court ruling but now faces its biggest ever August price. XRP’s market cap already sank $10 billion in August, currently sitting around $27 billion. History shows September is also weak for XRP, so it remains to be seen if bullish momentum returns. XRP rallied strongly in July, […]
Chancer ICO vs. Shiba Inu Price Predictions for 2023 – 2030
2023 has seen the meme coin market erupt again, with Shiba Inu leading the way thanks to several new releases designed to elevate this meme coin favorite to a new level. These new features and functionality have bred new life into this dog, leading to many analysts amending their Shiba Inu price predictions for the […]
Advisor At Blockchain-Focused VC Nabbed In Colombia For Child Porn
In another shocking development, an advisor at a venture capital (VC) firm that focuses on blockchain companies has been arrested. The Master Ventures advisor identified as Orion Depp was arrested in Colombia and is now facing multiple charges connected with sexual activities with underage children. Making Colombia His Hunting Ground In the report that was […]
$170,000,000,000 in Deposits Leaving the Decentralized Finance (DeFi) Ecosystem, Says IntoTheBlock
New data from IntoTheBlock shows the extent to which decentralized finance (DeFi) has been hit by the crypto bear market. The blockchain analytics firm says in a new report the total value locked (TVL) in DeFi is now at its lowest since February 2021 after approximately $170 billion in deposits left the sector. TVL refers […]
BlackRock’s Bitcoin strategy involves investments in top mining companies
The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset. According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.92 billion; Marathon Digital, $1.83 billion; Cipher Mining, $0.74 million; Hut 8 Mining, $0.5 billion; and TeraWulf […]
Bitcoin Holds Steady While Major Altcoins SUI and PEPE Plunge
Bitcoin held steady on Monday while popular altcoins plunged as the largest cryptocurrency by market cap regained its recent lack of volatility. The asset was at the time of writing trading for $26,131 per coin, according to CoinGecko, having not budged at all in the past 24 hours. What’s more, it has seen stayed still […]