Alexander Vinnik reportedly en route to the US after extradition
Having served two years in prison in France, accused BTC-e mastermind Alexander Vinnik has now been extradited to the U.S....
Month: August 2022
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
A push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily...
Congress will likely decide the fate of crypto jurisdiction: Lummis staffer
U.S. Congress will need to step in to decide who gets crypto regulation bragging rights if the SEC and CFTC...
Vitalik: Centralized USDC could decide the future of contentious ETH hard forks
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become...
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO...
Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report
The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of...
Voyager to return $270M in customer funds, says it received ‘better’ offers than FTX
The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank...
Uniswap Foundation proposal gets mixed reaction over $74M price tag
The largest DEX in the world could be supported by a new $74 million foundation if a new proposal from...
Solana-hacked crypto could be claimed as a tax loss: Experts
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss...
Crypto fundraising already outpacing all of 2021: Report
The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of...
Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals. Thailand’s financial regulator, the Securities...
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC)...
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth...
IRS Expands Crypto Question on Tax Form
The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all...
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of...
