UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles.
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Canary Capital files for staked TRX ETF
The ETF plans to hold and stake TRX, the native token of the Tron blockchain, which currently offers an annual yield of about 4.5%, according to StakingRewards.com. United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network’s native token, TRX (TRX), regulatory filings show. The fund

3 things the crypto sector must offer to truly mainstream with TradFi
In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion at the beginning of 2021…

US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies
The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter.The letter from the IRS comes in response to a request from 21 representatives in Congress, including Rep. Tom Emmer, to provide clarity on reporting taxes on cryptocurrency holdings. In the letter to the tax authority,…

Coinbase CEO Brian Armstrong Rounds Up the Decade in Crypto
Coinbase CEO Brian Armstrong published a Medium post on Jan. 2 sharing his thoughts on how the crypto space has progressed over the last ten years. Armstrong’s post, inspired by Fred Wilson’s article on technology over the past decade, begins with Bitcoin. Armstrong noted that the leading cryptocurrency hasn’t failed once in its birth ten-year history. Despite…

Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.

Binance withdraws crypto license application in Germany
The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators. 697 Total views 1 Total shares Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The…

Bitcoin proponent Samson Mow highlights centralization aspect of the Merge
Mow claims a few node operators have the power to change, delay or even cancel the upcoming Ethereum Merge. 531 Total views 13 Total shares Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known.Ethereum is in the…

Scam alert! Binance CEO warns users of massive SMS phishing scam
The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials. 589 Total views 22 Total shares Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted…