IRS updates draft of crypto reporting form for US taxpayers
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker...
Month: August 2024
Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI
The program will be open to a limited number of participants initially but will expand at a later date.
Crypto Biz: Massive inflows to exchanges amid market turbulence
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license...
U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services
The governing body of the Federal Reserve System has issued an enforcement action against Customers Bancorp, the parent company of...
Here’s When the Altcoin Market Could Stop Bleeding Against Bitcoin, According to Top Analyst Benjamin Cowen
Analyst Benjamin Cowen is saying that the altcoin market could stop bleeding against Bitcoin (BTC) when one key event occurs....
US Court Orders Bankrupt Crypto Exchange FTX To Pay $12,700,000,000 to Former Customers and Fraud Victims
A US court has ordered bankrupt crypto exchange FTX to pay $12.7 billion in monetary relief to customers who suffered...
Thailand Securities Regulator Launches Digital Asset Regulatory Sandbox for Crypto Testing
The Securities and Exchange Commission (SEC) of Thailand is launching a new crypto asset regulatory sandbox to test its digital...
Four Considerations When Selecting Stocks to Invest In
While selecting the right stocks to invest in is crucial for every trader’s success, it isn’t easy, even for experienced...
XRP Skyrockets by 27% in 24 Hours After Judge Orders Ripple To Pay $125,000,000 in SEC Lawsuit
XRP surged by more than 27% in the 24 hours after a judge issued a long-awaited order in the U.S....
$7,162,000,000,000 in Uninsured Deposits Brewing in US Bank Accounts As Customers Risk Zero Protection From Federal Government: Report
Americans are holding a whopping $7.162 trillion in uninsured cash in their bank accounts, according to an under-the-radar report from...
Tether’s USDT supply surpasses $115 billion amid crypto market resurgence
Tether’s (USDT) stablecoin has reached a historic milestone of exceeding $115 billion in supply, according to an Aug. 8 post...
Nigerian Bitcoin advocate challenges government restrictions in landmark lawsuit
Nigerian Bitcoin advocate James Otudor has filed legal actions against the African country government’s restrictions on the ownership, use, and...
Bitcoin’s cumulative transaction volume hits $125 trillion milestone
Quick Take As of Aug. 8, the cumulative sum of on-chain transaction volume for Bitcoin has hit an impressive $125...
Fed escalates Operation Chokepoint 2.0 crackdown against crypto – Winklevoss
Gemini co-founder Tyler Winklevoss believes that Operation Chokepoint 2.0 “is alive and well” following the US Federal Reserve’s latest regulatory action against...
Market braces for rate cuts as Fed’s Quantitative Tightening slows
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