Justin Sun addresses Huobi’s insolvency concerns, calls it a FUD
Huobi saw a record $64 million in outflows over the weekend. The Outflows followed reports that the exchange’s executives had been arrested in China. An...
Block reports a 34% increase in its second-quarter Bitcoin revenue
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Shiba Inu and IOTA become collateral assets on Binance
Key takeaways Crypto exchange Binance has added SHIB, IOTA and other cryptocurrencies as collateral assets on its platform. Binance also included 22 new cryptocurrencies as...
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...
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...
ConsenSys releases “Diligence Fuzzing,” tool for testing smart contract vulnerability
More than $471.43 million was lost through Web3 security vulnerabilities in the first half of 2023. The Diligence Fuzzing has been integrated with the smart...
Crypto staking rewards are taxable once received: IRS
United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the...
DOJ wants SBF’s bail revoked over tampering, diary leak allegations
According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam Bankman-Fried’s (SBF) bail, accusing him...
Casper price prediction: Technical indicators favour bulls
Casper price is down 2% in the past 24 hours, action that mirrors broader market sentiment. CSPR rose to $0.063 in April. The technical picture...
Lawmakers probe Apple’s App Store policies on blockchain, NFTs
Representatives Gus Bilirakis, from Florida and of the Republican Party, and Jan Schakowsky, representing Illinois and affiliated with the Democratic Party, both serving in the...