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…
Day: 5 August 2022
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…
Cointelegraph increases its presence in Middle East and North Africa with a new franchise
Cointelegraph MENA will cover more news and technological developments in each country in the region…
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…
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…
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…
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….
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…
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…
LBank Goes on a Worldwide Grassroot Educational Campaign in July
Top cryptocurrency exchange, LBank, gave its various communities across the world a July to remember….
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…
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…
IRS Expands Crypto Question on Tax Form
The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the…
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,…
Voyager received better buy-out offers than FTX’s, set to return $270M to customers
The crypto lender will be allowed to return a portion of customer funds locked up…