Crypto

Right before the exchange platform Binance and its CEO Changpeng Zhao have been accused of regulatory violations by the United States Commodity Futures Trading Commission (CFTC), almost a billion dollars in crypto reportedly left the…

Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability.THORChain took to Twitter on March 28 to announce that it has halted all trading amid reports on a potential…

Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan that will see the firm cut its operating expenses by $5.5 billion and lay off 7,000 staff over two months. The news was…

The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of market manipulation and a lack of compliance effort, the…

Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans even after a trading halt on Nov. 10 last year. According to a March 27 statement from California's…

Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay.The request for an emergency stay was granted by Judge Jennifer Rearden…

The United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak.While serving as chancellor of the Exchequer, the equivalent of a chief…

The crypto market corrected on news of the CFTC suing Binance and its CEO, Changpeng Zhao, but technical charts reveal a silver lining. Source link

Gains accrued by staking cryptocurrency should not be treated as a taxable event. It only makes sense to tax such gains upon their conversion to legal tender currency. To do otherwise undermines a marquee environmental policy from the…

Binance CEO Changpeng 'CZ' Zhao has rejected allegations from the Commodities Futures and Trading Commission, arguing the company "does not trade for profit or 'manipulate' the market under any circumstances."The chief executive shared…