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1 year ago
Coinbase CEO Slams IRS Crypto Tax Proposal as "Incomprehensible" and Threat to Financial Privacy
Coinbase, the largest cryptocurrency exchange in the US, has expressed concerns over a new tax proposal by the Internal Revenue Service (IRS). In a letter to the agency, Coinbase argues that the proposed rules…
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1 year agoTON Foundation Partners with Elliptic to Enhance Security and Expand Ecosystem
The Open Network (TON) Foundation has partnered with Elliptic, a blockchain analysis firm, to enhance the security and data intelligence of the TON network. Elliptic will screen TON wallet addresses to identify any…
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1 year agoVenture Capital Firm Paradigm Supports Binance in SEC Jurisdiction Dispute
Venture capital firm Paradigm has come out in support of cryptocurrency exchange Binance, as it seeks to have charges brought against it by the US Securities and Exchange Commission (SEC) dismissed. Paradigm argues…
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1 year agoHuobi Hacker Returns Stolen Assets Worth $8 Million
Chinese Bribe Scandal Deepens for FTX FounderNew revelations have emerged in the Chinese bribe scandal involving Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. Testimony from Caroline Ellison,…
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1 year agoDecentralized Exchange THORSwap Resumes Operations After Detecting Illicit Funds
Decentralized exchange THORSwap has resumed operations after temporarily shutting down due to the detection of illicit funds on its platform. The exchange announced on Oct. 12 that it is back online and urged users…
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1 year agoMadeira Announces Plans for Bitcoin Business Hub to Drive Innovation
President Miguel Albuquerque of Madeira has announced plans to establish a Bitcoin business hub in the region, with the aim of fostering innovation. The announcement was made during a conversation with Prince Filip…
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1 year ago$Garbage, the World's First Garbage-Themed Meme Coin, Aims to Disrupt the Crypto World
Miami Beach-based cryptocurrency project $Garbage is gaining popularity in the crypto world with its unique garbage-themed meme coin. The project aims to challenge the current state of global affairs and the…
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1 year agoPaolo Ardoino appointed as Tether CEO, driving significant market capitalization growth
Paolo Ardoino has been announced as the new CEO of Tether, a leading cryptocurrency company, starting in December. Ardoino played a key role in developing the strategy that led to the significant growth of…
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1 year agoTether Appoints Paolo Ardoino as CEO in Unexpected Management Overhaul
Tether, one of the leading stablecoin issuers, has announced a surprising management shake-up. Paolo Ardoino, the current Chief Technology Officer (CTO) of Tether, will be promoted to the role of CEO. This move…
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1 year agoTether Announces Paolo Ardoino as New CEO, Continuing Rapid Growth in Crypto Industry
Tether, the company behind the largest stablecoin in the world, has announced a change in its top executives. Paolo Ardoino, the current Chief Technology Officer (CTO), will take over as CEO starting in December…
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1 year agoCelsius Network Transfers $30 Million Worth of Crypto Amid Legal Battles and Plans for Customer Repayment
In a recent development, crypto lending firm Celsius Network has transferred around $30 million worth of crypto assets, including Ethereum (ETH) and stablecoins, amid its ongoing legal battles. The company also…
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1 year agoAlameda's Financials Under Scrutiny in Bankman-Fried Trial
Caroline Ellison, the ex-girlfriend of Sam Bankman-Fried, concluded her testimony in the trial on Thursday. Over the course of three days, she was questioned about her company’s accounting practices. Ellison r…
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1 year agoTether Appoints Paolo Ardoino as CEO to Drive Expansion into New Business Areas
Tether, the issuer of the world’s largest stablecoin, is undergoing a leadership change as it seeks to expand its focus. Paolo Ardoino, who has been serving as Tether’s chief technology officer since 2017, will tak…
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1 year agoRussian Connection Uncovered in FTX Heist: Stolen Funds Traced to Criminal Organizations
FTX, a major cryptocurrency exchange, recently filed for bankruptcy after being hacked for $477 million. The stolen funds, primarily in ether, remained inactive for five days before a significant amount was moved…
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1 year agoExplosive Testimonies Reveal Alameda's Role in FTX Collapse
Explosive Testimonies in Trial of Former FTX CEO Reveal Alameda’s Role in Financial CrisisThe ongoing trial of former FTX CEO Sam Bankman Fried has brought to light shocking revelations through testimonies from f…
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1 year agoCan CBDCs and Stablecoins Coexist? Experts Weigh In
At the recent Future Innovation Summit event in Dubai, a panel discussion titled “Stablecoins, Central Bank Digital Currencies and Cross-Border Payments” explored the possibility of coexistence between CBDCs and…
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1 year agoFormer Alameda CEO Exposes Financial Wrongdoing at FTX in Shocking Confession
Former CEO of Alameda Research, Caroline Ellison, has made shocking revelations during a secret recording obtained by prosecutors. In the recording, Ellison alleges that Sam Bankman-Fried, the founder of Alameda…
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1 year agoRipple CTO Counters Cardano Founder's Claims on Ethereum's Regulatory Status
Ripple’s CTO, David Schwartz, has responded to Cardano founder Charles Hoskinson’s comments regarding the US regulators’ determination that Ethereum (ETH) is not a security. Hoskinson addressed the conspiracy theor…
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1 year agoTerraform Labs Files Lawsuit Against Citadel Securities Over Stablecoin Crash
Terraform Labs, led by founder Do Kwon, has filed a lawsuit against Citadel Securities, accusing the company of intentionally causing the crash of its stablecoin in 2022. The lawsuit alleges that the market…
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1 year agoSEC Unlikely to Appeal as Grayscale Bitcoin Trust Discount Hits Yearly Low
The discount on Grayscale Bitcoin Trust (GBTC) has reached its lowest point this year, currently standing at 16.58% as of October 12th. This narrowing discount is closely linked to the impending deadline for the…
