Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding round led by SoftBank Latin America Fund, with participation from Coinbase Ventures. The round brings […]
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in […]
Irkutsk is “probably the biggest region with illegal mining. Some (miners) use residential tariffs, close to $0.01, so the government is chasing them,” Denis Rusinovich, co-founder of CMG Cryptocurrency Mining Group and Maverick Group told […]
In 2019, Joshua Jarrett paid income tax on 8,876 Tezos tokens he earned through staking. In 2020, Jarret asked the IRS to return the taxes he paid, arguing that the tokens were not income, but […]
DeFi applications use smart contracts to provide financial services, such as trading, lending, and borrowing, to users. Concerns loomed among traders and developers after the exploit. “If nobody backs it and the coins are truly […]
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax services, law, education, health, trade and […]
To be sure, Texas, there are programs available for heavy power consumers such as crypto miners, to incentivize them to lower their energy usage during peak demand periods. For example, in exchange for helping ERCOT […]
Those familiar with the crypto industry will understand that China’s crypto ban is not entirely a surprise. The country has maintained a hostile relationship with its crypto industry since 2013, when it rolled out its […]
“I anticipate that we are to see some slowdown in” the pace of Fed monetary-policy tightening, said Edward Moya, senior market analyst at the foreign-exchange brokerage Oanda. “If there’s some cracks in the economy and […]
Good morning. Here’s what’s happening: Market moves: Bitcoin ended its two-day winning streak with heavier selling pressure during late U.S. trading hours. Technician’s take: BTC’s pullback could continue into the Asia trading day; initial support […]
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