European bankers on digital euro: ‘ECB has no interest in users’ personal data’
As various stakeholders in the European Union continue to research the potential of a single central bank digital currency (CBDC), representatives of both private and...
Revolut taps Koinly for automated cryptocurrency tax reports
As cryptocurrencies increasingly fall under the purview of global tax authorities, fintech Revolut has integrated an automated tax reporting service for its users.The digital financial...
Binance set to begin operations in Japan in two months’ time
Japan’s financial authorities had issued a warning that Binance was operating in the country without permission. Binance acquired Sakura Exchange BitCoin (SEBC) in November 2022....
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on...
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain...
iZUMi Finance closes $22M funding round for its iZiSwap Pro DEX on zkSync Era
iZUMi Finance is a one-stop Liquidity-as-a-Service (LaaS) DeFi protocol. The funds will support the early liquidity of its on-chain Order Book decentralized exchange product, iZiSwap...
CAKE down 21% as PancakeSwap mulls slashing staking rewards
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain. PancakeSwap (CAKE) has dropped by 21% over the last seven days. The DEX’s core...
Ex-CFO that stole $5M to trade crypto and ‘meme stocks’ gets 3 years prison
The former CFO of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million that was used to...
UK Treasury seeks input on taxing DeFi staking and lending
The tax treatment of lending and borrowing on decentralized finance (DeFi) protocols could soon be changed in the United Kingdom as the taxation arm of...
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
A record-breaking $3.4 billion penalty has been handed down by a Judge in a lawsuit brought by a United States financial regulator involving a fraudulent...