Binance finalizes sale of majority stake in Gopax — Report
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.
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IRS probes crypto traders using Puerto Rico tax breaks: Report
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime. 248 Total views 13 Total shares Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks. According to a June…

Millennials 3 Times More Likely to Invest in Crypto Than Gen X: Survey
Cryptocurrencies are three times more popular among American millennials as a long-term investment as they are for Generation X.Crypto is Americans’ 7th most popular long-term investmentAccording to the results of a nationwide Bankrate survey, published on July 17, 9% of millennials chose crypto as their top long-term investment option — roughly threefold the percentage among…

TRUMP crashes 38% as MELANIA launches her own memecoin
Melania Trump's memecoin launched after Donald Trump's official TRUMP token reached a $15 billion market cap before falling nearly 40%.

Toncoin open interest surges 32% following Pavel Durov’s arrest
Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

Ex-Programmer of Russian Payments Firm Qiwi Used Company Equipment to Mine 500K Bitcoins, CEO Claims
The CEO of Russian payment services provider Qiwi Sergey Solonin has claimed that an ex-employee of the company used its payment terminals to mine bitcoins in 2011. The programmer, who has not been named by Solonin, has managed to mine 500,000 bitcoins, according to a July 25 report by news site Meduza. During his lecture…

DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar.

G20 Lays Regulatory Groundwork for Accepting Digital Payments
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments. 569 Total views 20 Total shares Digital currency payments may become a reality for G20 members before the next summit in Saudi Arabia.As reported by Kyodo News on July 11, officials revealed that the…

Upbit Hack: Stolen ETH Worth Millions on the Move to Unknown Wallets
One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars worth of stolen Ether (ETH) to an unknown wallet.As Whale Alert — a service dedicated to tracking major cryptocurrency transactions — has flagged today, Dec. 3, a 10,000 ETH (~$1.5 million) transaction occurred at 7:52…