Onyx protocol is exploited for the second time for $3.8m via known bug

The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they are created. This is an infringement on traditional tax principles and problematic…

Institutional investors have rallied around crypto this past month, with the AUM of crypto ETPs surging more than 90% as volumes tripled. 690 Total views 7 Total shares Capital has flooded into crypto investment products in recent weeks, with the value of assets invested into crypto exchange-traded products, or ETPs, increasing by more than 90%…

Speaking on stage at BlockShow 2019 in Singapore today, Alchemy Global Payment Solutions co-founder Patrick Ngan discussed some details of how his company is making it easier to pay for everyday goods and services with cryptocurrency.Ngan emphasized the power of choice to make consumers and merchants happier. Calling his company “the first unified crypto-fiat payment…

2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana's (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date.Solana (blue) vs. Ether (orange), AVAX (purple), BNB (yellow). Source: TradingViewSolana leads the staking charts with $35 billion in value…

An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading. 944 Total views 30 Total shares The Technology Advisory Committee, or TAC, a technology consultative wing of the CFTC, plans to conduct a remote gathering…

Monday, September 17: crypto markets are today largely green, but scattered mild corrections are affecting several major-market-cap altcoins, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) is just a fraction of a percent down on the day to trade at $6,484 to press time. Having reclaimed the $6,500 price point September 13, the top…

Even though mobile Android users have been able to access the browser for the past few months, over a billion Apple users can now download it via the App Store. 156 Total views 2 Total shares Opera released a beta version of its Web3 browser with a built-in crypto wallet on Friday for iOS devices, iPhone and…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekA bruising week for cryptocurrencies, stock markets and even goldThis week, it…

Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.” 1111 Total views 21 Total shares The legal team for a crypto firm facing possible securities law violations is asking for the case to be dismissed on geographical grounds. According to court…