Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being...
Robinhood reports an 18% decline in its Q2 crypto trading revenue
Robinhood Markets reported its Q2 financial results on Wednesday. Mizuho analyst Dan Dolev sees upside in “HOOD” to $14 per share. Robinhood stock lost roughly...
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers.According to an Aug....
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more than $81 million to the...
Hyundai and Kia tap Hedera Network for CO2 emission monitoring system
Hyundai and Kia have introduced an AI-enabled supply chain carbon emissions tracking solution on the Hedera Network. Hedera (HBAR) briefly surged above $0.053 after the...
Ripple CEO: SEC used XRP reports in lawsuit against us
Ripple CEO Brad Garlinghouse says the SEC took Ripple’s transparency reports and used them against the company. The SEC sued Ripple over its XRP sales...
Worldcoin to allow governments and businesses to use its ID-verifying technology
Worldcoin launched its native token WLD on its mainnet on July 24, 2023. The crypto project has faced serious criticism from several quarters for fears...
Mixed signals: Binance denies reports of $90B in crypto trades in China
Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, with billions of dollars worth of transactions monthly, according to The Wall...
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure to Curve DAO (CRV)....
Ether ETFs pending — Grayscale, VanEck and others file SEC applications
Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers.Separate...