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…
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….
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…
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…
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…
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…
Crypto Market’s Worst Month of 2023 The cryptocurrency market had its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses totaled $486 million,…
Crypto Regulation in the NDAA On July 27, the United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion, containing a provision that targets crypto mixers,…
Last week, the United States moved closer to providing regulatory clarity for the crypto industry. The House Financial Services Committee (FSC) voted 35–15 in favour of the Financial Innovation and…
Verification-as-a-Service Model for Cultural Artifacts Computer scientist Adel Khelifi from the University of Abu Dhabi, and archaeologist Mark Altaweel from University College London, recently announced the development of a Web3-based…
