Binance recovers $73M in stolen funds, surpassing 2023 security efforts
Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.
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New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash
“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James. 56 Total views 1 Total shares New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility…
Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability
Mainstream media seized on the unravelling currency crisis in Turkey Monday, August 13, with Bloomberg publicizing a demonstration of Bitcoin’s (BTC) comparatively low volatility. Leading with the headline “Turkey Meltdown Propels Lira Volatility Above Bitcoin,” Bloomberg became the latest publication to reveal the full extent of the Turkish national currency’s devaluation this year. “The 10-day…
Cyberpunk 2077’s dystopian future can be avoided with blockchain tech
The long-awaited video game Cyberpunk 2077 came out as an unfinished product with a bunch of technical flaws, but that doesn’t stop it from being one of the most important cultural phenomenons of recent years. And while some gamers are asking for refunds and the developers are hurriedly working on patches, I suggest we look…
Ethereum derivatives data suggests traders expect prices above $2,000
After marking a new $1,477 high on Jan. 24, Ether's (ETH) price was shaken down to $1,206 on Jan. 27 but according to derivatives markets, bulls remain confident that $2,000 is still within reach.The neutral-to-bearish put options open interest above $1,360 is irrelevant and only 2,540 ETH options, equivalent to a $3.4 million in open…
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens. 537 Total views 3 Total shares United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the…
China proposes to bring its social credit system to the metaverse: Report
Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse. 340 Total views 3 Total shares China is reportedly looking to implement a system akin to its social credit system, but in the Metaverse and other online virtual worlds.Proposals viewed by POLITICO and…
Crypto Markets Trade Sideways, Oil Demonstrates Slight Losses
Friday, March 8 — cryptocurrency markets are trading sideways, remaining relatively quiet with moderate losses throughout the top 20 coins, according to Coin360.Market visualization from Coin360The leading cryptocurrency Bitcoin (BTC) is up 0.5 percent during the past 24 hours, and is trading at around $3,942 at press time. BTC began the day at $3,921, hitting…
72 of the top 100 coins have fallen 90% or more: Here are the holdouts
According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs.The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the current…