The IRS Backs Down on Crypto Staking Case

It looks like the Internal Revenue Service (IRS) doesn’t have as much power as we thought. The agency is offering to pay a man named Joshua Jarrett, who allegedly was denied a refund two years ago aft...

Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim

Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos. First re...

IMF warns crypto rout could lead to systemic risk, backs Fed digital coin

The International Monetary Fund says cryptocurrencies and stocks are likely to see more volatility, with the Federal Reserve set to raise interest rates, and as increasing correlations between the two...

Crypto Billionaire Backs New Democratic Super PAC

Alex Dovbnya FTX CEO Sam Bankman-Fried is behind a new Democratic super PAC FTX CEO Sam Bankman-Fried has helped to launch a new Democratic super PAC called “Protect Our Future,” Politico ...

Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting

(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in ...

Domino’s Pizza sees soaring food costs in 2022, backs long-term outlook

An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza said it expects higher food prices ...

Binance Labs backs $200M Oasis Ecosystem Fund

Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a st...

CVS Health raises 2021 earnings outlook, backs 2022 forecast

A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images CVS Health said Tuesda...

Crypto Lawyer Backs ETH, BTC Holders, While Standing For XRP Holders

John Deaton, a crypto lawyer who is advocating for over 50,000 XRP holders in the case, has become a recognized personality in the sector. A lawsuit is still ongoing among SEC and XRP where allegation...

Mozilla Backs Away From Bitcoin Donations After Backlash

In brief Mozilla announced today it had paused crypto donations. The decision comes after a week of pushback from the open-source community. The main point of the criticism is the environmental impact...

‘Interesting future’ ahead for crypto, as Goldman Sachs backs $100k prediction for Bitcoin

The year 2021 might go down in history as being one of the most significant for the growth of cryptocurrencies, as the industry finally broke out into the mainstream with skyrocketing adoption and acc...