FTX reaches $200M settlement with IRS on tax bill

June 4, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

The agreement, which is subject to a court approval, resolves a major hurdle for FTX bankruptcy process.

The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology. 1244 Total views 9 Total shares Japanese finance giaSBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG.According to a Jan. 28 Nikkei report, the new digital securities…

Survey says crypto popular holiday gift for Americans — NFTs not so much

Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season. 1333 Total views 17 Total shares Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending…

Solana price unfazed by Pump.fun $6.6M sale, $47M SOL remaining

Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.

Swiss banking giant UBS to reportedly offer rich clients crypto investments

Crypto investment offerings for wealthy clients will be limited to a small fraction of their portfolios due to the volatility of the asset class, sources say. 2969 Total views 29 Total shares UBS Group AG is exploring various ways to offer its wealthy clients the possibility of investing in digital assets, anonymous sources claim. A…

Women who made a contribution to the crypto industry in 2022

2022 saw the continued rise of disruptive blockchain-centric concepts such as decentralized finance, GameFi, nonfungible tokens and Web3. Notably, some of the related projects that thrived in 2022 were headed by women, which is a good indicator of progress in an otherwise male-dominated sector. The increased involvement of women in the cryptocurrency field signals growing inclusivity…

Terra interim CEO says any ‘little progress’ made gets derailed by accusations

Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. 313 Total views 12 Total shares Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent…

Seven common mistakes crypto investors and traders make

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.Cryptocurrencies were designed to operate in a decentralized manner.…

Swedish regulators warn consumers against crypto as markets tumble

Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset. 3011 Total views 17 Total shares Sweden's financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments.In an announcement published on…

‘Institutional demand’: Large transactions on Cardano up 50X in 2022

Large Transaction Volume on Cardano has exploded in 2022, suggesting that there is now institutional demand for the blockchain network. 306 Total views 10 Total shares Crypto intelligence firm IntoTheBlock reports that the number of large transactions on the Cardano blockchain has increased by more than 50X this year. Large Transaction Volume (LTV) refers to aggregated…

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