Crypto staking rewards are taxable once received: IRS

The United States tax collector will require taxpayers to count staking rewards as gross income at the time they gain “dominion" over the tokens.

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 country’s top tax authority. On ...

1 year ago

Curve Finance Vulnerability Exposes $100M+ Worth of Crypto; CRV Token Plummets

Curve Finance Vulnerability

Curve Finance Vulnerability Exposes $100M+ Worth of Crypto; CRV Token Plummets

A vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 millio...

1 year ago

Crypto Price Today: Bitcoin holds above $29,300; Tron, Shiba Inu fall up to 4%

Bitcoin holds above $29,300

Crypto Price Today: Bitcoin holds above $29,300; Tron, Shiba Inu fall up to 4%

The cryptocurrency markets were trading mixed in Monday's trade. Bitcoin and BNB were trading with gains, while Ethereum, Tron, Dogecoin, and Polkadot were trading with cuts. ...

1 year ago

Deloitte Partners with Chainalysis to Enhance Digital Asset Tracking and Investigations

Digital Asset Tracking and Investigations

Deloitte Partners with Chainalysis to Enhance Digital Asset Tracking and Investigations

Accounting giant Deloitte has partnered with blockchain security firm Chainalysis to enhance digital asset tracking and investigations. ...

1 year ago

NFT-styled debit cards the future of Web3 - Animoca founder on $30M hi investment

Animoca Brands partners with hi, a Web3 app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards.

NFT-styled debit cards the future of Web3 - Animoca founder on $30M hi investment

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million to neobank platform hi. ...

1 year ago

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

Grayscale’s ETF was previously knocked back by the Securities and Exchange Commission and it wants it and competing ETFs approved together so none have an advantage.

Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

Crypto fund manager Grayscale is urging the Securities and Exchange Commission to approve all proposed spot Bitcoin  BTC $29,136  exchange-traded funds (E...

1 year ago

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regul...

1 year ago

Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising market volatility and manage risk and exposure, CME said.

Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

Derivatives giant Chicago Mercantile Exchange's (CME) regulated bitcoin (BTC) and ether (ETH) futures saw record participation from large traders in the second quarter. The number ...

1 year ago

New cryptocurrency offers users tokens for scanning their eyeballs

Worldcoin, launched by CEO of ChatGPT developer OpenAI, says scheme will distinguish between ‘verified humans’ and AI

New cryptocurrency offers users tokens for scanning their eyeballs

Members of the public are being invited to have their eyeballs scanned by a silver orb as part of cryptocurrency project that aims to use biometric verification to distinguish humans from AI sys...

1 year ago

Solana is Going to Zero as SOL Price Drops 10% in a Week But Evil Pepe Coin Just Raised $500,000

How to Buy Early?

Solana is Going to Zero as SOL Price Drops 10% in a Week But Evil Pepe Coin Just Raised $500,000

Solana has endured a rough two years of price action after bleeding-out -90% since the previous all-time high (ATH) in November 2021, but as SOL's 2023 recovery rally heads south, could all ...

1 year ago

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