Ukraine Requiring Crypto Businesses to Submit Financials
NBU Demands Financial Information from Ukrainian Crypto Firms The government of Ukraine recently approached four local crypto firms — Kuna, CoinPay, GEO Pay and Qmall — with a request to…
Could Tom Brady’s $100M Crypto Debt Trigger a DeFi Implosion?
Crypto Research Firm Uncovers Curve Finance Founder’s Crypto Loans Crypto research firm Delphi Digital recently tweeted a thread that revealed the loans taken by Curve Finance founder Michael Egorov, which…
Binance Trading Alert from Nigerian SEC – Crypto Predictions 2022
Tax on Digital Assets Starting from May 2023, the government of the country imposed a 10% taxation on all profits made from the sale of digital assets, including cryptocurrencies. Local…
Is SBF Behind the Crypto Collapse?
Crypto Twitter has been abuzz with debate following the emergence of a new conspiracy theory that suggests FTX founder Sam Bankman-Fried may be the anonymous developer behind the highly controversial…
Are Crypto Staking Rewards Taxable? IRS Clarifies
Crypto Staking Rewards and Taxation The Internal Revenue Service (IRS) recently issued Revenue Ruling 2023-14, clarifying that United States crypto investors must report crypto staking rewards as gross income for…
Exploit Concerns Force LeetSwap, Base’s Biggest DEX, to Halt Trading
LeetSwap Temporarily Halts Trading Over Potential Exploit Decentralized exchange LeetSwap, which operates on Coinbase’s Base network, has announced a sudden pause to trading due to concerns of a potential exploit….
Binance CEO Talks Stablecoin Strategy: Diversify and See
Risks Associated with Stablecoins Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to provide investors with options other than the…
Judge Upholds Motion to Dismiss Terraform Case, Disagrees with Ripple Decision
SEC Lawsuit Against Terraform Labs to Proceed The United States Securities and Exchange Commission (SEC) lawsuit against Terraform Labs will be moving forward after a U.S. judge overseeing the case…
Revolutionising Smart Contracts with Crypto Technology
Smart contracts have revolutionized what blockchain and crypto can achieve, and it is undeniable. However, being overly enthusiastic about any innovation can lead to its stagnation or even failure when…
Republican Candidate Aims to End Biden’s ‘War on Bitcoin’
Digital Currency Regulations and Presidential Campaigns Florida Gov. Ron DeSantis has made economic independence a key pillar of his 2024 presidential campaign, taking a stance on digital currencies. During a…