Bitcoin
LeetSwap Halts Trading After $630K Drained From Liquidity Pairs
Coinbase’s Layer 2 blockchain has another problem on its hands. Source link
Month: August 2023
Market Analysis
Crypto Staking Deemed a Taxable Event Under New IRS Writ
Crypto staking rewards are now taxable in the United States, according to an IRS ruling. The agency classifies these rewards as gross income, and stakers will have to pay taxes accordingly. The IRS issued the […]
Bitcoin
Defunct Crypto Exchange FTX Plans to Restart Platform for Non-U.S. Customers
The filing, posted Monday night U.S. time, delineates the claimants into various groups. The first group is claimants of FTX.com offshore exchange, which it calls “dotcom customers”, next is customers of the U.S. exchange (“U.S. […]
Market Analysis
Ride The Freelancing and Crypto Booms Together With Uwerx (WERX)
As the global gig workers’ strength gears to touch 1.56 billion, the freelancer industry is becoming the largest in the world. Yet, gig workers face several issues. Disenfranchised, they face exploitation from different marketplaces – […]
Market Analysis
Hong Kong Executive Who Left BlackRock Joins Citadel Securities
A BlackRock executive who recently left the world’s largest asset manager has now reappeared at Citadel Securities. Tony Tang will become Citadel’s new China boss as the firm looks to broaden and accelerate its growth […]
Market Analysis
Investors Scramble To Uwerx (WERX) As Market Stalls
Ever since the crypto market entered the bearish scenario in 2022, traders have faced disappointments as the price runoff cooled for many coins. Hunting the next golden goose became ever so difficult as major coins […]
Ethereum
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov’s $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned […]
Market Analysis
Shanghai Set to Launch Regional ‘Super Blockchain’ by 2025
The city of Shanghai, China’s technology and commercial center, has released its ambitious plan to promote urban blockchain digital infrastructure. The plan extends from 2023 to 2025. The plan is the brainchild of members of […]
Bitcoin
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
A federal judge rejected Terraform Labs’ motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission. Source link
Market Analysis
Hex founder charged with offering unregistered securities offering
Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings. The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart. In addition, Heart and PulseChain have also been charged for using […]