Key Points: Coin Center urges Congress to adopt clearer crypto tax rules, including exemptions for crypto transactions. The advocacy group proposes sparing second parties from reporting obligations to...
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SEC Charges Titan Global Capital Management for Misleading Advertisements and Compliance Failures
On August 21, 2023, the Securities and Exchange Commission (SEC) announced that it has levied charges against “Titan Global Capital Management USA LLC”, a New York-based FinTech investment...
なぜペイパル「PYUSD」はフェイスブックのリブラが失敗した分野で成功しそうなのか？＝ロイター | あたらしい経済
政治家らの理解向上が追い風に 米決済大手ペイパル（Paypal）発行のステーブルコインは、フェイスブック（Facebook）が挫折した分野で成功する可能性が高い。これは、ペイパルのワシントンにおける地位の高さと、過去3年間で政治家がこの課題への理解を深めたおかげだ。 ペイパルは今月、米ドルにペッグされた暗号資産（仮想通貨）である「PayPal USD（PYUSD）」をローンチすると発表。現在はメタ...
Zoom Reports Better than Expected Results for Fiscal Q2 2024, ZM Shares Up Nearly 4%
Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY. Zoom Video Communications Inc (NASDAQ: ZM) shares closed Monday trading at $67.27, up 1.48 percent from the day’...
Helio Lending Sentenced for False Credit License Claims
Australian- based crypto lender Helio has been sentenced for falsely claiming it held a local credit license. Melbourne-based cryptocurrency lender Helio Lending received a sentence for a non-convict...
How does the Avalanche Consensus Uniquely Achieve Agreement in Decentralized Networks?
In the ever-evolving landscape of blockchain technology, consensus ensures that a decentralized network arrives at a unified decision. From enabling secure financial transactions to supporting complex...
Crypto Lawyer Demands SEC Audit After Binance Suspends EUR Withdrawals
Crypto lawyer John Stark is calling for an investigation by the SEC into Binance. Binance suspended EUR withdrawals through the Single Euro Payments Area system. The crypto exchange has departed sever...
Coinbase Purchases Equity in Circle: Report
Over the course of five years, USDC’s market cap skyrocketed from a mere $500 million to nearly $26 billion, according to CoinGecko. The stablecoin, which is vying for dominance with Tether – and more...
SEC charges Titan for violating crypto-related terms
The SEC, short for the US Securities & Exchange Commission, has charged Titan with a couple of violations pertaining to cryptocurrencies and necessary disclosures. Titan is a FinTech Investment ad...
Bybit to issue scholarships for top performers at AUS
Bybit, the world’s third most visited crypto exchange, has partnered with the American University of Sharjah (AUS) to award scholarships of around $272,000 (AED 1 million) to high-achieving students....
North Korean hackers show no mercy in 2023, pull off these crypto heists
Hacks executed by North Korean attackers in 2023 were 10x larger than attacks by other actors. The sensational Atomic Wallet hack was the most significant crypto heist pulled off by North Korea in 202...
Ukrainian Gunners Are Hunting Down Russia’s Siege Mortars
A 2S4 with the Russian army’s 45th High-Power Artillery Brigade. Wikimedia Commons The Russian army widened its war on Ukraine with around 50 self-propelled 2S4 Tulpans: hulking, 30-ton tracked ...
Deaton Says SEC Lawyers Learned Nothing From Ripple Lawsuit
Attorney Deaton slams the SEC for constantly shifting its arguments and abandoning its previous claims. In a recent tweet, pro-XRP lawyer John Deaton said the United States Securities and Exchange Com...
Shiba Inu Lead Dev Reveals When Shibarium Will Relaunch
Following the abrupt halt in operations due to unanticipated high traffic immediately after its mainnet launch, the layer-2 network of Shiba Inu, Shibarium, is reportedly making its way towards a publ...
Downside momentum loses traction – UOB
In the view of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, the downward momentum in EUR/USD appears to be dwindling. Key Quotes 24-hour view: We expected EUR to...
Coinbase Invests in Circle While Maintaining a Commercial Relation
Editors News Circle will launch six new blockchains between September and October. Centre will no longer exist as a stand-alone entity. Coinbase, the leading crypto exchange, is increasing its support...
Friend Tech Makes This Move to Avoid Any SEC Scrutiny
Friend Tech announced that it would be replacing the shares on the platform with “keys”. “The original name was a placeholder during development and we think Keys better illustrates their purpose as i...
Bitcoin enters 4th ‘bull box,’ targets $200k by 2026
Amid a largely boring trend in the cryptocurrency market, zooming out on the Bitcoin (BTC) chart indicates that the period of stagnation might change for the better, at least where the flagship decent...
Memecoins Plummeted, but Here’s Why It’s Actually GOOD News!
During the recent cryptocurrency downturn, Memecoin values took a notable dive. Both Dogecoin and Shiba Inu experienced declines of 15% and 20% respectively in just a matter of days. Is this a perilou...
The Ultimate Guide to The Exchange, Is it Safe?
With the interest and investment in cryptocurrencies having surged over the past few years, the requirement for safe and secure exchanges to facilitate the purchase of crypto has become increasingly i...
Friend.tech’s Data Breach: The Controversy Surrounding the Decentralized Network
In the rapidly evolving world of cryptocurrency and decentralized networks, Friend. tech emerged as a promising player, only to face significant backlash due to a recent data breach. This incident has...
FTX bankruptcy hearing set for Thursday outlines key agenda
FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judge John T. Dorsey of the U.S. Bankruptcy Court for the District of Delaware. Thursday, Aug. 23, FTX bankruptcy ...
XRP Price Shows Confluence Of Bearish Factors and Could Decline Again
Ripple’s token price is showing bearish signs below $0.580 against the US Dollar. XRP price could start another decline if it trades below $0.480. Ripple’s token price is struggling to recover above $...
These teams have the nation’s longest bowl droughts heading into 2023
SAN MARCOS, TX – Louisiana-Monroe Warhawks’ Jakyle Holmes breaks through the Texas State line … [+] November 6, 2021 at Bobcat Stadium in San Marcos, TX. (Photo by John Rivera/Icon S...
China Is Taking Its Social Credit System to the Metaverse: Report
China is looking to bring its highly-controversial social credit system to the metaverse. Per Politico, a set of proposals issued by one of China’s state-owned telecom firms China Mobile aims to creat...
Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT
Bitcoin and select altcoins are starting to recover, but selling at the top of each price breakout suggests that bears remain in control. After its sharp fall on Aug. 17, Bitcoin remained stuck inside...
Most stock markets rise on technology stocks recovery
Asian stock markets rise due to the rebound of technology stocks. Chinese stocks underperform due to disappointing LPR cuts. Traders turn cautious ahead of Fed Chair Powell’s speech on Friday. The Asi...
Why Flexing Crypto Profits on Social Media Is a Dangerous Game
The world is awash with success tales, especially in the fast-paced cryptocurrency industry. Social media has allowed influencers and entrepreneurs to showcase their success stories to global audience...
Binance CEO Affirms No Link With AlphaGPT
Binance exchange’s Chief Executive Officer Changpeng “CZ” Zhao has come out to denounce a project that has allegedly been tagging him in its promotions. Responding to an X user earli...
Chapter 11 Bankruptcy: Specific Type of Financial Distress and Entities
The history of bankruptcy in the United States can be traced back to the origins of the nation itself. Rooted in the Constitution, this legal tool has undergone substantial modifications to address th...
SHIB Firm ahead of Shibarium, $ROE A Gem Set For 10X On Launch
In the ever-evolving landscape of cryptocurrencies, it’s not uncommon to witness swift changes that send ripples of excitement through the market. The world of crypto enthusiasts is currently buzzing ...
JUST IN: South Korea’s Largest Cryptocurrency Exchange Upbit Lists the Anticipated Altcoin
Upbit, the largest cryptocurrency exchange in South Korea, announced that it will add the CyberConnect (CYBER) token to the BTC market on August 22, 2023. Deposit support for CYBER will begin within 3...