Key Takeaways Blockchain miners and validators will not be considered “brokers” for crypto tax reporting, the Treasury has confirmed. The Treasury stated that it will exempt “ancilla...
Tag: Confirms
Uber CEO confirms app is leaning into crypto
Uber’s chief executive officer Dara Khosrowshahi, has confirmed that Uber will accept cryptocurrency “at some point” in the future. In an interview with Bloomberg Television, Khosrowshahi outlined why...
India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryp...
MicroStrategy’s Saylor Confirms ‘Fast-Growing’ Institutional Adoption of Bitcoin ⋆ ZyCrypto
Advertisement     MicroStrategy CEO Michael Saylor, known for his consistent support of Bitcoin as the unique investment opportunity for corporations, asserts that he ...
IOHK Confirms Cardano Block Size Increase to Assist Smart Contracts
Cardano is taking its next steps to work on improving its smart contracts and transaction throughput. Cardano’s Basho upgrade, outlined by co-founder Charles Hoskinson in a video blog earlier this yea...
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation – Regulation Bitcoin News
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to l...
Ethereum Founder Confirms DOGE Shifting to Proof-of-Stake
Dogecoin recently announced working with Vitalik Buterin to bring proof-of-stake to the network. The Ethereum founder confirmed the news, stating that the meme coin will complete the shift for its new...
Alphabet’s CEO Sundar Pichai confirms plans to integrate blockchain
Alphabet Inc, Google’s parent company, has confirmed its interest in blockchain technology. The company’s executives confirmed this in an earnings call on Tuesday. Leading tech companies are venturing...
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Diem Association confirms sale of crypto payment network to Silvergate
Silvergate Capital Corporation will acquire the Diem Payment network’s intellectual property and other assets, the Diem Association and Silvergate announced today. The assets include developmen...
North Korea Confirms Test Launch Of Ballistic Missile Capable Of Hitting Guam
Topline North Korea on Monday confirmed its test launch of a ballistic missile capable of striking the U.S. Pacific territory of Guam a day earlier, signaling the partial end of a self imposed morator...
Research report confirms reason as to how LooksRare has been ‘beating’ OpenSea
While OpenSea was enjoying its rule over the NFT sector during the latter half of 2021, LooksRare rolled in to steal the crown with its sky-rocketing daily volumes. However, the metrics firmly confirm...
YouTube CEO Confirms It’s Exploring NFTs for Content Creators
Susan Wojcicki, the CEO of YouTube is exploring integrating functionality for non-fungible tokens (NFTs) for content creators, per an annual letter to the creators. YouTube CEO Bullish on NFTs YouTube...
Stocks Jump After Federal Reserve Confirms March Interest Rate Hike To Fight Surging Inflation
Topline The stock market ticked higher on Wednesday after the Federal Reserve reassured investors that it would “soon” begin raising interest rates in March as it looks to combat a decades-high surge ...
MicroStrategy CFO Confirms Buy and Hold Bitcoin Strategy Amid Market Turbulence
Phong Le – Chief Financial Officer of MicroStrategy – revealed that his firm will continue investing in bitcoin despite the recent plunge of the asset’s USD value. In line with the prices of most cryp...
46% Of Bitcoin Mining Network Now Use Sustainable Energy, Confirms Bitcoin Council ⋆ ZyCrypto
Advertisement     Bitcoin mining now appears highly sustainable in terms of energy consumption contrary to previous criticisms, with the latest data from the Bitcoin M...
El Salvador President Nayib Bukele Confirms the Purchase of 410 More BTC
Earlier today, El Salvadoran President Nayib Bukele tweeted that his country has added 410 more BTC. He previously expressed regret that his country had missed buying the dip. The country bought the f...
‘Squid Game’ Season 2 Is Happening, Netflix CEO Confirms
Topline Though it comes as no surprise given the show’s unprecedented success, a second season of the Korean drama Squid Game is in the works at Netflix, according to the streaming giant’s co-CEO and ...
Crypto.com Confirms Security Breach of Customer Accounts
Crypto.com confirmed on Thursday that its 483 customer accounts were hacked earlier this week as hackers breached several layers of its security. The ‘unauthorized withdrawals’ from some of the Crypto...
Crypto.com Confirms Exchange Lost Nearly $34M to Hackers
Crypto.com, the industry’s fourth-largest cryptocurrency exchange, finally admitted it lost user funds due to a recent security breach. According to a blog post published on Thursday, the incide...
400 Accounts of Crypto.com Hacked, CEO Confirms all Affected Clients Reimbursed
Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, confirmed at least 400 accounts have been hacked, saying he would be more than willing to share information about Tuesday...
Crypto.com CEO confirms 400 accounts were compromised in recent hack
Quick Take The Crypto.com CEO acknowledged the hack but said customer funds were not in any danger. He added that the funds stolen were immaterial to the business. advertisement Crypto.com CEO Kris Ma...
OpenSea confirms acquisition of Dharma, sets sights on fiat onramps
NFT marketplace OpenSea confirmed its acquisition of Dharma Labs on Tuesday, a deal that could help the $13 billion crypto firm expand its technological prowess. The announcement comes just weeks aft...
Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system
Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitc...
Arbitrum confirms a seven-hour outage on the network
Arbitrum, a layer two network based on Ethereum, has suffered an outage. This is the second outage the network has suffered from in five months, with the latest being attributed to hardware failure. T...
PayPal Confirms That It Is Actively Exploring Stablecoins
PayPal Holdings Inc. (NASDAQ: PYPL) has confirmed earlier investigations about its exploration of stablecoins in line with its broader crypto strategy. The investigation in question was initiated by S...
Paypal Confirms Plans to Launch its Platform Specific Stablecoin
American payments giant Paypal Holdings Inc has confirmed it is working on its own digital currency, which will take the form of a stablecoin. The company shed more light on the plans after the develo...
PayPal Confirms Creating Its Own Stablecoin To Push Crypto Business
As part of its initiative to push crypto, PayPal Holdings Inc. is looking to release its own stable coin after the news was confirmed after the images and hidden codes indicating the “Paypal coin” wor...