Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale

Intuit, which also owns TurboTax, can't hold all the keys to consumer tax software, the DoJ says. 269 Total views 3 Total shares Per an announcement and series of filings on Wednesday, the U.S. Department of Justice is calling shenanigans on Intuit's ambitions, at least in part.Intuit owns a stable of user-facing finance software, including budgeting…

The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation. 940 Total views 16 Total shares London-based cryptocurrency services provider Blockchain.com has raised $300 million in a new investment round that valued the firm at $5.2 billion — up from a $3 billion valuation…

The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising. In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in.

Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates. 202 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe share price of cryptocurrency exchange Coinbase has surged by 69% since its all…

Crypto VCs reveal why last cycle’s games sucked, Mega Cricket League review, plus $656K up for grabs in crypto game Shark Tank: Web3 Gamer.

According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that is not only meticulous but also future ready. Additionally, as per data released by the FSB, members of the…

Ron Hammond took to Twitter today to confirm to the XRP community that he is the new manager of government relations for Ripple.Token Taxonomy ActOn Sept. 3, Ron Hammond took to Twitter to announce that as of today, he is the new Manager of Government Relations for Ripple.Hammond was reportedly part of the team that…

A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy.Money supplyIn the modern economy, the money supply is largely determined by the banks’ ability and/or willingness to make loans.“From a liquidity perspective, the…

Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend.Will Ethereum’s former resistance level turn to support? After testing the $1,200 support on Jan. 1, the eight-week…