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Wall Street asserts that a Fed-issued digital dollar will destroy banks.
The Federal Reserve is considering launching a CBDC similar to those of other nations, and bankers worry that this would be a risky move....
May 24, 20222 min read


During the cryptocurrency downturn, NFT sales volume fell by nearly 55%.
Non-fungible token (NFT) sales have dropped by more than 54% in the last week as the crypto market has plummeted. According to data from...
May 23, 20222 min read


After Terra's LUNA Collapse, Hashed Wallet Loses $3.5B, Delphi Digital Announces Loss
Following the collapse of the Terra ecosystem's tokens, terraUSD (UST) and Luna (LUNA), some major investors have come forward to reveal...
May 20, 20222 min read


Biden administration wants cryptocurrency exchanges to keep customer and corporate money separate
According to a source familiar with the plan, US President Joe Biden's administration will lobby Congress to require cryptocurrency...
May 19, 20223 min read


Tax professionals have pointed out flaws in the OECD's crypto reporting template.
As many in-house tax teams rushed to comment on the steps to implement the framework, the OECD's Centre for Tax Policy and Administration...
May 17, 20224 min read


After the UST crash, LFG's reserves have shrunk from 80K to just 313 Bitcoins
The Luna Foundation Guard (LFG), the official custodians of Terra's bitcoin (BTC) reserves, issued a statement on Monday detailing how it...
May 17, 20222 min read


The data benefits of blockchain are reaped by TP teams.
Many TP executives said that implementing blockchain technology would allow their companies to save time on tax compliance, gain greater...
May 13, 20223 min read


CEO of EminiFX arrested and charged with fraud for his alleged involvement in cryptocurrency pyramid
On Thursday morning, a New York man was arrested and charged with fraud for his role in an alleged crypto investing scheme that the FBI...
May 13, 20222 min read


According to a top official, a global crypto regulatory body will be established soon
According to Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO), an association of market...
May 13, 20221 min read


What is going on in the crypto market? Important developments
Today's (May 12) Crypto Market Crash News and Updates: The global cryptocurrency market appears to be in free fall, with the prices of...
May 12, 20222 min read


The EU is using blockchain to share withholding tax data
To simplify the EU-wide approval process for WHT claims and treaty relief, the European Commission is combining DLT with advances in the...
May 10, 20224 min read


How Serious Is Crypto-Crime?
The European Union is in the final stages of discussing how to put new rules in place to combat criminal activity involving virtual...
May 9, 20227 min read


SOFTSWISS report: Crypto bets doubled in the first quarter
SOFTSWISS presented a new research on crypto turnover in the iGaming business on Thursday. The analysis compares the outcomes of the...
May 9, 20223 min read


A Typo Transfers Seized JUNO Tokens to the Wrong Wallet
Validators, developers, and token holders are arguing over who is to blame for the copy-paste blunder that resulted in the tokens being...
May 6, 20224 min read


MicroStrategy reported a $170 million loss on its Bitcoin holdings in the first quarter.
The software company now controls 129,218 bitcoins, which are worth somewhat less than $5 billion. MicroStrategy (MSTR) reported a...
May 4, 20222 min read


Nansen data suggests that 'smart money' wallets are unloading APE and loading up on aSTETH.
According to data from blockchain analytics firm Nansen, prolific and active cryptocurrency traders have been unloading Yuga Labs'...
May 3, 20222 min read


Fintech companies racing against the clock to fulfill Indonesia's VAT deadline for digital wallets
According to Indonesian tax specialists, several financial technology (fintech) firms are still scrambling to get their systems and...
May 2, 20223 min read


Edward Snowden was instrumental in the development of the Zcash privacy coin.
Under a pseudonym, the NSA whistleblower and privacy advocate was one of six people who took part in the cryptocurrency's fabled 2016...
May 1, 20225 min read


An ECB executive has slammed crypto trading calling the €1.7 trillion industry a 'Ponzi scheme'
A top European Central Bank (ECB) official dubbed cryptocurrency "Ponzi schemes" and asked for a crackdown to avoid a "lawless frenzy of...
Apr 27, 20221 min read


Best cryptocurrency for gambling
No longer are online gamblers required to utilize their credit cards or bank accounts. They are not required to use e-wallets or prepaid...
Apr 25, 20223 min read
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