IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s…
Month: January 2023
SuperRare cuts 30% of staff as growth slows during crypto winter
Despite only being a week into the new year, SuperRare adds to a number of…
US authorities launch page to notify FTX’s alleged victims about SBF’s case
According to the court filing, the number of victims in the FTX case made it…
Huobi net outflows crossed over 60M within the past 24 hours: Report
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange…
Crypto companies aim to build trust within future products and services
Companies are taking new approaches to building trust within Web3 and crypto products.
Mastercard partners with Polygon to launch Web3 musician accelerator program
The program will help five emerging artists set up and manage their brands in the…
NFT project accepted $3M to move its collection to Polygon
The team had previously announced the move, but had not revealed the cash deal. The…
$3.9 billion lost in the cryptocurrency market in 2022: Report
The report from Immunefi revealed hacks to have been the main cause of related losses….
December DeFi exploits were the lowest in 2022: Finance Redefined
The DeFi market didn’t see much change in its first week of new year compared…
Bitcoin Price Prediction for Today, January 6: Traders Are at Odds as the BTC Price Remains Stuck at $17,000
Traders Are Relentless as Bitcoin Price Remains Stuck at $17,000– January 6, 2022 The BTC/USD…
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking…
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it…
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports…
MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users
Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market…
FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec
Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the…