Following Opposition, IRS Relaxes New Crypto Rule
Pending the release of new regulations, the IRS and the US Treasury Department announced on January 16 that businesses dealing…
Core Scientific Set to Exit Bankruptcy with Approved Reorganization Plan
Core Scientific, the embattled Bitcoin mining firm, is set to emerge from Chapter 11 bankruptcy after the United States Bankruptcy…
Coinbase vs. SEC: Exchange Fights Back on Securities Accusation in Court
Coinbase in a recent courtroom confrontation presented its case against the Securities and Exchange Commission (SEC), arguing that the tokens…
Binance Introduces New USDC-Margined DOGE Perpetual Contract for Enhanced Trading
In a move to expand its cryptocurrency trading options, Binance, the world’s largest crypto exchange, announced the launch of a…
Input Validation Flaw Leads to $3.3 Million Loss for Socket
Blockchain interoperability protocol Socket reported a significant security breach that led to a loss of over $3.3 million. This breach,…
Circle Confidentially Files for an IPO Amid Massive Crypto Wins
Barely days after the SEC approved Spot Bitcoin ETFs for trading in the United States, cryptocurrency company Circle Internet Financial…
UNODC: Money Launderers Prefer USDT for Transactions
In a January 15 report, the United Nations Office on Drugs and Crime (UNODC) flagged the largest stablecoin by market…
The Biggest Challenges Crypto Projects Are Facing Today
Blockchain technology is changing how we think about things like online security and transactions, content ownership, and how the internet…
Bitcoin And Gold Correlation Increased In 2023 – Fidelity
Bitcoin and gold recorded strong performances in 2023 amid geopolitical uncertainties and rising interest rates. The correlation between Bitcoin and…
The Wait is Over: Spot Bitcoin ETFs Now Live for Trading
Nearly ten years after the initial set of Bitcoin exchange-traded funds (ETF) proposal, the SEC has finally given its nod…