A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because “this space is the future,” he stressed. IRS Special Agent …
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press release PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 27, 2022 – LBank Exchange, a global digital asset trading platform, will list Shibnobi (SHINJA) on January 30, 2022. For all users of LBank Exchange, the SHINJA/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 30, 2022. DeFi has caught widespread attention …
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President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian leader also emphasized Russia’s strengths as a crypto mining destination. Putin Asks Ministers and Bankers to Report Back With Consensus on Cryptocurrencies Russian …
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was one of Thursday’s biggest gainers, climbing by as much as 8 %, as prices …
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Acala is a layer one blockchain customized for DeFi, deployed as a Parachain on the Polkadot network. It is the first blockchain to reimagine the entire DeFi stack with a natively multi-chain environment. The project secured the first Parachain slot in December 2021, with the community contributing over 32 million DOT tokens, then equivalent to …
Real Vision CEO and macro guru Raoul Pal says that the current downturn in the cryptocurrency market is driven by a shift in narratives. In an interview during Ark Invest’s virtual Big Ideas Summit 2022, Pal explains what happens when the inflation rate frustrates market expectations. “Why we’re seeing volatility right now is the shift …
One popular crypto analyst says Bitcoin (BTC) must reclaim a specific price level to turn crypto markets bullish again. In a series of tweets, crypto trader Michaël van de Poppe tells his 565,700 Twitter followers that the markets rejected Bitcoin at $38,000. “Bitcoin rejected on the first crucial resistance at $38K. Reclaiming $37.6K would be something, not …
A New York-based financial institution, Flushing Bank, is planning to offer Bitcoin (BTC) services to its customers. Flushing Bank says it has partnered with NYDIG, a financial technologies company dedicated to offering crypto solutions to both institutional and retail clients, to enable its customers to buy, sell and hold Bitcoin on the online banking platform. …
Business magnate and Tesla CEO Elon Musk is once again tweeting about meme crypto asset Dogecoin (DOGE), sending its price soaring. The billionaire tells his 71 million Twitter subscribers that if fast-food titan McDonald’s accepts DOGE as payment for its products, he will consume a Happy Meal on television. “I will eat a happy meal …
A bipartisan group of members from the U.S. House of Representatives called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law in November around the definition of “broker”. In a Wednesday letter, House Financial Services Committee ranking member Patrick McHenry and ten other representatives urged Yellen to reference …
Blockchain payments company Ripple made it abundantly clear this week that it’s not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though …
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On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals. According to its developers, Ronin has over 250,000 unique daily active addresses. When ranked …
With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have recorded their largest sale at 260 Ether ($627,755 at current value.) In contrast, the total volume sales of Cool Cats decreased by nearly …
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A team of quantum computing experts believes that the technology’s expanding capabilities will inevitably pose a threat to the security of Bitcoin (BTC). In a new report, The Independent highlights research exploring the massive computational potential of quantum machines that could one day compromise the security of Bitcoin. The research team set out to determine …
January 27, 2022 – Mahe, Seychelles Crypto investment platform BitMEX today announced the launch of BitMEX Academy, a multimedia crypto education platform that will offer a new way to learn about crypto for beginner and expert traders alike. BitMEX Academy will bring together the greatest minds in the industry to share knowledge on cryptocurrency, blockchain …
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