More Crypto-Related Tax Violations Expected in 2024

IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year

Guy Ficco, the Criminal Investigation Chief at Internal Revenue Service (IRS), has indicated the agency is bracing for a significant increase in cases of crypto-related tax evasion thi...

5 months ago

Bitpanda: Another “Major Milestone”

German Federal Bank Landesbank to Offer Crypto Custody Services With Bitpanda

German federal bank Landesbank Baden-Württemberg has entered a crypto partnership with Bitpanda to offer crypto-asset custody services in the second half of 2024. In an announceme...

5 months ago

“The Fabled” Joins Immutable for a Groundbreaking Gaming Launch

Octavian Studios, known for its veteran team drawn from top industry giants like EA, Ubisoft, and Bandai Namco, is gearing up to redefine gaming with its latest venture, “The Fabled”...

5 months ago

Halving to Negatively Impact Altcoins as Well

Miners Could Offload $5 Billion in Bitcoin Following Halving, Warns 10x Research

A notable outflow of Bitcoin from miners could be on the horizon in the months following the upcoming halving event. In a recent note, Markus Thielen, the head of research at 10x ...

5 months ago

Yoni Assia, founder and CEO of the eToro trading platform, predicts the market capitalization of crypto projects will exceed $100 trillion in value as most physical assets shift over to the blockchain.

eToro’s CEO predicts $100T crypto market amid shifts

In an interview at Paris Blockchain Week, Yoni Assia, CEO of the trading platform eToro, discussed the future of cryptocurrencies and blockchain technology. Assia predicts that the market capita...

5 months ago

The exchange’s Q1 2024 report highlights a growing customer appetite for complex crypto products during the crypto bull market.

Bitget exchange volume topped $1.6T in Q1

Futures and spot volume on crypto exchange Bitget topped $1.4 trillion and $160 billion in the first quarter, growing substantially from the $658 billion in futures trading volume and $59 billio...

5 months ago

Paraguay’s lawmakers have proposed an alternative to a controversial Bitcoin mining blanket ban and are set to debate the topic later this month.

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners

Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now considering the benefits of selling excess energy from its Itaipu hydr...

5 months ago

The overall proportion of total illicit crypto funds is shrinking by 9% on a year-on-year basis, although bad actors still handled over $34 billion in 2023.

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The total volume of illicit crypto funds decreased by nearly one-third in 2023, according to research done by TRM Labs. The findings reveal that the volume fell from $49...

5 months ago

FBI Demands Mike Schimdt’s Cooperation

FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack

In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a...

5 months ago

British Columbia Seeks to Preserve Electricity

British Columbia Province to Regulate Electricity Supply for Crypto Miners

Canadian province of British Columbia is seeking to regulate electricity use by crypto miners, due to their “unchecked growth.” Josie Osborne, Minister of Energy, Mines and...

5 months ago