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Crypto News
How the Crypto Industry Responded to the IRS Proposed Broker Rule
The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as…
Coinbase Ending Support for Bitcoin SV
The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase…
XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.
Crypto Traders Are Ready to Move Past Sam Bankman-Fried
FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
As many as 18 people, including four cops, have been arrested so far, while the alleged kingpin, Subhash Sharma, remains at large.
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms
Attendees of a ApeFest, an event hosted by Bored Ape Yacht Club creators Yuga Labs, have been receiving medical care after reporting blurred vision and burning eyes.