Here’s what happened in crypto today

The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat optimistic that inflation has hit the necessary threshold to trigger cryptocurrency adoption.In theory, the 8.5% inflation in the United States means that every five years, the prices increase by 50%. This essentially turns…

The Aragon decentralized autonomous organization is merging with a blockchain voting protocol. 826 Total views 5 Total shares Aragon, a platform specializing in managing decentralized autonomous organizations, announced a merger with the Vocdoni protocol, a blockchain voting and governance solution provider.Unlike the Yearn.finance mergers, this acquisition has a much more traditional nature. Aragon has acquired…

The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season. 291 Total views 9 Total shares The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community.According to a report from Bloomberg…

The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical. 407 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits in…

The ecosystem is crowded with early versions of DeFi with many flaws: Because the tech is new, because the chains they run on have their own shortcomings, and because people are greedy and see a chance to make a lot of money very quickly by rushing products out without concern for who ends up paying…

Avalanche C-Chain users can now buy AVAX directly within Web3 apps, using a widget supplied by Stripe.

Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyber attack in 2021. 169 Total views 24 Total shares North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis.The type of crypto stolen has…