Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain...
Monat: August 2023
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse....
‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is key. Binance CEO Changpeng “CZ”...
Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy
Crypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a...
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the...
Binance to offer crypto broker-dealer services in Dubai with new license
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. Major cryptocurrency exchange...
Coinbase denies SEC told it to delist everything but Bitcoin
Coinbase CEO Brian Armstrong reportedly said the SEC requested it delist all other cryptocurrencies, but a spokesperson said the comments...
We need to fundamentally change how smart contracts operate
Smart contracts should be viewed as “proof-of-concept” rather than as critical for universal adoption. That may mean exploring alternatives.
Chinese city implements plan for blockchain digital infrastructure system by 2025
The government of Shanghai has implemented a strategic plan to develop its urban blockchain digital infrastructure system between 2023 and...
Crypto market loses $486M in July, most since 2022: Report
According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231...
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
“As president, on day one, CBDC goes into the trash can — we’re not going to allow it," said Ron...
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors...
Researchers develop blockchain verification service for cultural artifacts
A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting....
