IRS Focusing On Crypto Tax Evaders
On Thursday, a court ruling in New York granted the US Internal Revenue Service (IRS) the authority of issuing a ‘John Doe’ summons to the bank named M.Y. Safra. Thanks…
On Thursday, a court ruling in New York granted the US Internal Revenue Service (IRS) the authority of issuing a ‘John Doe’ summons to the bank named M.Y. Safra. Thanks…
The crypto derivatives exchange, FTX, the conglomerate that was established by Sam Bankman-Fried, is reportedly in talks with investors about raising new funds of around $1 billion. According to people…
The US Department of Treasury is seeking the opinion of the public regarding risks of illicit finance as well as national security related to digital assets. The department warned that…
There has been a greater decline in the price of ether, as compared to bitcoin since its underlying technology underwent a massive upgrade that was referred to as ‘The Merge’.…
A working group has been formed by crypto industry experts for drafting a standard that will ensure profitable and energy-efficient crypto mining in the Russian Federation. The purpose of the…
Known for being a big bitcoin believer, Michael Saylor’s company has purchased almost 13,000 bitcoins in the last couple of years. The Microstrategy executive recently took to talk about the…
South Korean prosecutors have reportedly issued an arrest warrant for the founder and chief executive of Terraform Labs, Do Kwon, and 5 other people. According to the prosecutors, the CEO…
Pascal Gauthier, the chief executive officer (CEO) at Ledger has shared his thoughts about the future of cryptocurrencies and non-fungible tokens (NFTs). Crypto Future is Bright While giving an interview…
Even though mining difficulty has gone up and prices are down, Bitcoin’s hashrate appears to be running hot. In fact, block discover has sped up more than the ten-minute block…
A provisional liquidation order was issued by a judge in the liquidation case of the online bitcoin trading platform named Mirror Trading International, which had collapsed. This order outlines the…
The people behind the development of “The Merge” have made a promising announcement in favor of the upcoming implementation. The developers have confirmed that they are well prepared for the…
On Monday, crypto exchange Binance announced that it was planning on halting all deposits and withdrawals of Ether (ETH) as well as wrapped Ether (wETH) on specific networks. This would…
The founding partner and attorney of the law firm Roche Freedman LLP have found himself in the midst of controversy. Therefore, Poloniex and Bittrex, two of the prominent crypto exchanges…
The legal framework for the financial sector of Georgia will see some amendments made to it, which have recently received the approval of the government. The Caucasian nation will have…
Dubai has been demonstrating strong interest and dedication to the adoption and expansion of cryptocurrencies in the state. To achieve this, Dubai has been making the necessary moves to…
In the latest developments surrounding the cryptocurrency industry in Thailand, Zipmex has approached the Thai SEC for a meeting. The purpose of the meeting is to discuss the restructuring…
Coinglass data shows Bitcoin's liquidations accounted for $25.30 million of the $123.13M withdrawn from the crypto market within the past day. While publishing this post, the leading digital coin…
The recent market update shows Chainlink's circulating supply increasing to 491,599,970 from 470,099,970. This update triggered some speculations among the crypto community, with some individuals perceiving that as a…
Ripple bears appear on vacation after closing the previous week on a pessimistic trajectory. However, the press time levels revealed mixed signs that market players need to ponder before…
Litecoin has seen bullish price actions since last month, with the altcoin recording a more than 25% surge. Moreover, the token saw consistent growth within the previous month as…
The booming Web3 industry sees more supporters within the market, backing its move as the next massive thing in the space. Meanwhile, platforms such as Fantom seem to dominate this…
Last week saw inflows into crypto investment products totaling $3 million, translating to the 6th successive week of inflows, toppling $529 million (CoinShares report). Meanwhile, the previous week's inflows suggested…
Avalanche has been a somewhat up-and-coming project since the previous year. Though 2022 experienced turbulence to support upsides on the charts, Avalanche (AVAX) managed to keep its spot within the…
Decentralized exchanges (DEXes) saw $12 billion in trading volume within the past seven days (Dune Analytics data). With $8.36 billion trading volume within the previous week, Uniswap cheered 70.1%…
The past two months have seen Bitcoin in a constant battle with the shackles of its 20 Exponential Moving Average since bears secured a renewed selling strength around the $47.5K…