Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering
A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.
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Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption – Eventually: Wedbush
The firm called the leading cryptocurrency "the start of a new age on the digital currency front."(humphery/Shutterstock)Feb 16, 2021 at 4:43 p.m. UTCUpdated Feb 16, 2021 at 5:30 p.m. UTCTesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption – Eventually: WedbushWedbush Securities, a Los Angeles-based privately held investment firm, foresees the corporate world emulating the…

Steemit to Automate Development Funding With New DAO
news Steemit, a blockchain project that focuses on monetizing social media sites, has given details of a coming code upgrade that will usher in big economic changes. Announced on Wednesday, the steem blockchain will undergo its 21st hard fork on Aug. 27 – one that will build in a new Worker Proposal System aimed to allow the…

RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
Life insurance is the latest traditional financial product to receive crypto's red-hot tokenization treatment.Infineo, a company that focuses on blockchain-based life insurances, said Tuesday that it has transferred the "first-ever" tokenized life insurance policy on distributed ledger system. The firm minted a total of $9.4 million worth of policies using the Provenance network, according to

Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg
Bitstamp is in the process of raising a round to expand the number of markets it serves around the world, according to a report from Bloomberg.“Bitstamp is not for sale, and we are not actively looking to sell the company,” Jean-Baptiste Graftieaux, its CEO, said in a statement to Bloomberg. “Our current and exclusive priority…

Bitcoin Could Slump Around Reward Halving Time, Arthur Hayes Says
Bitcoin may face selling pressure in the second half of April as the supposedly bullish impact of halving is already well entrenched, Hayes said in a blog post.U.S. tax payments could suck dollar liquidity from the financial system, fueling risk aversion and a fire sale of risk assets, Hayes said.Gear up for some pain in

IRS Seeks to Tax NFTs Like Other Collectibles
The U.S. Internal Revenue Service is considering whether to tax non-fungible tokens (NFT) on a par with other collectibles such as stamps, works of art and fine wine, in a move likely to have an impact on those including the digital assets within their retirement plan, according to a document published Tuesday.

Solana, Avax, Helium Led Digital Assets Gains This Year. What’s Next?
Layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX) and Helium’s (HNT) following closely behind. The digital asset gains came as the largest cryptocurrency by market value, bitcoin (BTC), also witnessed a strong year amid growing optimism that spot bitcoin exchange-traded funds

Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System
Patreon, a subscription-based platform that connects content creators with their supporters, said that it has identified an issue with its Payoneer payouts system and has temporarily disabled payouts to creators.According to Patreon’s X account (formerly Twitter), the issue was identified Aug. 2. The company said it would provide an update on Thursday by 10 a.m.…