Binance Launches Tool To Ease Tax Preparation And Reporting For Crypto Players

The crypto tax season is upon us, and all companies (including crypto firms) must prepare. Tax season can be confusing and stressful for novice and experienced crypto users. Binance, the…

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Voyager Creditor Calls For Seizure Of Voyager’s Estate

 A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…

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UK Treasury Releases Consultation Paper For Crypto Regulation

The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…

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SEC Denies Approval Of Ark Investment’s Bitcoin ETF For A 2nd Time

The US securities watchdog, (the US SEC) has rejected the Bitcoin spot exchange-traded fund (ETF) proposal submitted by Ark Investment Management for a second time. In July 2021, Ark joined…

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US Firms Make Up 85% of Bitcoin Purchases – Report

Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…

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Digital Assets Custodian Prime Trust To Suspend Operations In Texas On January 31st

Prime Trust, one of the leading crypto custodians, recently announced that it would suspend its operation in Texas. The firm announced after withdrawing its application for the Texas Money Transmitter…

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Tesla Reports Q4 Bitcoin Losses While Microstrategy Acquires More

According to Tesla's fourth-quarter earnings report released on Wednesday, its BTC assets are still in the red. The business's overall earnings and revenue, however, have outperformed projections. In the last…

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Porsche Discontinues Its ETH-Based NFT Minting After Public Backlash

German high-performance sports car manufacturer - Porsche has recently declared that it will discontinue the minting of its Ethereum-based NFT following widespread criticism. Porsche announced that it would halt the…

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Aussie Execs Backs Argument To Tag Crypto As Financial Products

Following recent statements from the Assistant Treasurer of Australia, Australian executives have cautioned against treating all digital assets as financial products. Australia's Assistant Treasurer Considers Crypto Financial Products In a…

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Coinbase Teams Up with Borussia Dortmund (BVB) in a Sponsorship Deal

Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…

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1inch Introduces 1inch Hardware Wallet As Self-custody Rises

A DEX (decentralized exchange) aggregator, 1inch Network, is the most recent crypto platform to enter the hardware wallet market as self-custody becomes increasingly popular. 1inch Network To Launch Hardware Wallet …

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El Salvador’s Candidate At Miss Universe 2022 Stuns Audience With BTC-inspired Dress

Alejandra Guajardo, the representative of El Salvador, stormed the Miss Universe 2022 Pageant prelude with her epic dress. She adorned herself with a currency dress designed with cocoa beans, Bitcoin,…

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Flare Tokens Finally Airdropped To Eligible XRP Holders After A Long Wait

Following an almost two-year wait, Flare has started distributing its FLR tokens to eligible XRP holders. The long-awaited distribution has generated massive discussion in the community as members interacted about…

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Mango Exploit: SEC is also probing Eisenberg – CFTC Commissioner

The SEC scrutinizes Mango exploiter Eisenberg for potential Commodity Exchange Act (CEA) breaches. In a report issued earlier this week, Commissioner Kristin Johnson of the CFTC confirmed the SEC's probe…

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Binance’s Multicoin Acquisition Raises Questions About Its Feud With FTX

In 2021, Binance, the largest crypto exchange in the crypto sector, purchased stakes in the crypto hedge firm Multicoin. However, this investment has raised questions in the Twitter crypto community…

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The Binance Effect Leads To A 41% Increase In The Price Of Newly Listed Tokens – Study

According to a study by Ren & Heinrich, Binance's rise as the leading global cryptocurrency exchange may imply that its token listings now receive significant attention. The study monitored 26…

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Shibarium Team Debunk Rumors And Confirms BONE As Its Only Utility Token

Recently, the Shibarium team released an official statement to clarify its users concerning the spreading rumors about its network. The team tweeted that their BONE token is their platform's only…

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