Decentralized platforms may benefit from strict US crypto tax laws

The Bitcoin Odyssey is funded by Digital Currency Group, GBV Capital, White Star Capital and GSR, among other organizations. 986 Total views 28 Total shares Cryptocurrency exchange Okcoin, along with the Stacks Accelerator and Stacks Foundation, announced on Thursday the start of the “Bitcoin Odyssey,” a one-year commitment among investment firms to invest $165 million…

The reason the U.S. Security and Exchange Commission (SEC) has insofar denied crypto exchange traded funds (ETFs) is because the crypto industry does not fit the applicant archetype, according to the CEO of crypto payment startup Abra, CNBC reported September 4.Speaking in an interview with CNBC’s “The Coin Rush,” Bill Barhydt suggested that the SEC…

ETH is making serious inroads in both BTC and USD terms in what a Cointelegraph analyst says is a classic sign that altcoins are coming back from the dead. 1763 Total views 8 Total shares Ether (ETH) has broken a critical price point against Bitcoin (BTC), signalling that altcoins may be about to see huge…

PeckShield warns Decentraland followers of an ongoing phishing attack using a fake MANA airdrop, urging users to avoid interaction.

Despite growing tariff-related uncertainty, there is a 70% probability cryptocurrency markets will find the local bottom in the next two months, which will serve as the supporting foundation for the next leg up in the 2025 cycle, according to Nansen analysts. Savvy traders continue making generational wealth despite growing volatility and lack of risk appetite.

Bankrupt crypto lender Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month.The crypto community has started to grow impatient, noting that Celsius’ lawyer fees have continued to stack up and are eating away at the lender's estate.In a Dec. 29 Twitter post,…

The sovereign national digital currency will be based on the national fiat and would have a fixed supply quite similar to Bitcoin. 493 Total views 7 Total shares The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported.The confirmation about the…

Prosecutors allege Bithumb’s former CEO used a $2 million company lease deposit to buy an apartment, though the exchange says he repaid the funds. South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment.  On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices

The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. 816 Total views 3 Total shares Following the collapse of crypto exchange FTX, which was headquartered in the island nation of Bahamas, Bahamians are reportedly still trying to find a way to…