How to Tax Digital Assets: US Senate Finance Committee’s Open Letter
Taxation of Digital Assets United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo issued an open letter on July 11 to the digital asset community,…
Grayscale and Fir Tree Reach Agreement on Bitcoin Trust Changes
Grayscale and Fir Tree Reach Agreement Over Bitcoin Trust Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management in regards to its Bitcoin Trust…
AI Could Help to Audit Smart Contracts: Exploring Web 3.0
What is Web 3.0 and How Can AI Help? Artificial intelligence (AI) has already revolutionized a variety of industries, from healthcare and automotive to marketing and finance. Now, its potential…
AnySwap Tokens Drained by Multichain Executor: Report
Crypto Flash: Multichain Executor Drains AnySwap Tokens According to a July 10 report from on-chain sleuth and Twitter user Spreek, the Multichain Executor is draining tokens associated with the AnySwap…
Powerful Breakout Signalled by Cardano Network Activity and ADA’s Oversold Price Action
Caradano’s native gas-paying token ADA got a major hit at the beginning of June when the SEC labeled it as a security in its lawsuit against Binance and Coinbase. The…
Bitcoin Maintains Dominance as Third Week of Fund Inflows Offset Previous Months’ Outflows
Crypto Inflows Fully Correct Nine Weeks of Outflows CoinShares reported on July 10 that a third straight week of positive digital asset inflows has fully corrected nine weeks of outflows…
US Investigation of Former FTX Executive for Campaign Finance Violations
Crypto Aggregator and Big Eyes Crypto Investigated Prosecutors in New York are reportedly looking into Ryan Salame, former FTX Digital Markets co-CEO and co-founder of Big Eyes Crypto, for potential…
UK Treasury Excludes Derivatives and Unbacked Tokens from Regulatory Sandbox
Crypto Assets Excluded from U.K. Digital Securities Sandbox The treasury department of the United Kingdom has proposed to exclude unbacked cryptoassets and derivatives from its plans for a Digital Securities…
Algofi Shutting Down: A Look at the Last Days of Decentralized Lending Protocol
Algofi to Shut Down Despite Belief in Algorand’s Technology Despite the developers’ belief in the strength of Algorand’s technology and novel consensus algorithm, Algofi, the borrowing and lending protocol built…
How Bitcoin Exchanges Hold the Same BTC Supply Share as in 2017
The latest figures from on-chain analytics firm Glassnode show that Bitcoin (BTC) held on exchanges is now back to its 2017 all-time high price. This indicates that less than 12%…