Bitcoin price drops 1.5% on Fed rate cut gloom as $88K remains in play

United States-based accounting firm H&R Block has begun serving as an intermediary between crypto users and the Internal Revenue Service (IRS) after the agency began sending letters to crypto traders who may have failed to report income and pay taxes.According to a Sept. 24 news release, H&R Block has rolled out a new service targeting…

Tokenization of real-world commodities could drastically reduce trading costs, says one Swiss startup as it pilots a new non-fungible token system. 2443 Total views 18 Total shares A Swiss agricultural startup has piloted the use of a non-fungible token for cutting down the costs of trading grain. The system implemented by Swiss firm Cerealia SA…

The returned sum represents only a minor portion of the over $600 million stolen from Poly Network. 2290 Total views 17 Total shares These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds…

CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange's…

The supply-side dynamics of the Bitcoin network continue to demonstrate strong adoption as there are now more addresses with a positive BTC balance than ever before. 185 Total views 6 Total shares On-chain statistics through February have suggested positive sentiment for Bitcoin as addresses with a non-zero balance of BTC reached an all-time high.Additionally, those…

The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises. 141 Total views 9 Total shares The Canadian Security Intelligence Service (CSIS), Canada’s primary national intelligence agency, raised concerns about the disinformation campaigns conducted across the internet using artificial intelligence (AI) deepfakes.Canada sees the growing “realism of deepfakes”

FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. 53 Total views 4 Total shares An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus.Ross Rheingans-Yoo's lawyers

Opera now enables users to access decentralized web pages through a partnership with Unstoppable Domains, a tech firm backed by prominent Bitcoin (BTC) advocate Tim Draper.The collaboration entails Opera’s integration of Unstoppable Domain’s .crypto domain extension, according to an announcement shared with Cointelegraph on March 26. This will allow the browser’s users to surf decentralized…