Blockchain Capital Leads $25M Funding Round for Libra Member Bison Trails
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Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin
NEWS Ohio has become the first U.S. state to allow taxes to be paid in bitcoin. According to a report from The Wall Street Journal on Sunday, starting this week, companies in the state will be able to pay a variety of taxes, from tobacco sales tax to employee withholding tax to public utilities tax…

Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss
Galaxy reported net income of $302 million for the fourth quarter.The company has benefited from increasing crypto prices this year, with AUM nearly doubling since the start of 2024.GLXY shares have risen almost 40% this year.13:11Why Coinbase Analyst David Duong Expects to See 'Continued Upside' in Bitcoin01:19Is DOGE Repeating Its Performance from Late 2020?02:23How Many

Polygon Lands First User of New ‘AggLayer,’ Inking Deal With Astar Network
Astar, a blockchain network prominent in the Japanese Web3 community, said that its Astar zkEVM will be the first network to fully integrate into Polygon’s new AggLayer, a solution that connects blockchains with zero-knowledge proofs to other networks in Polygon’s ecosystem, to provide unified liquidity.Astar zkEVM is powered by Polygon’s Chain Development Kit (CDK), a

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering
Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Bitcoin (BTC) kiosk company Coinme has agreed to pay nearly $4 million to settle charges by the U.S. Securities and Exchange Commission alleging it was party to an unregistered security offering, the regulator announced Friday.Coinme, its…

Bitcoin News Roundup for Oct. 2, 2020
Bitcoin News Roundup for Oct. 2, 2020With Pres. Trump testing positive and a systemically important exchange in deep trouble, CoinDesk’s Markets Daily is back for your latest crypto news roundup!For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:The cryptocurrency and Asian stock…

Crypto Media Outlet Blockworks Raises $12M at $135M Valuation
Brandy covers crypto-related venture capital deals for CoinDesk. Crypto media outlet Blockworks has raised $12 million in a funding round led by private equity firm 10T Holdings at a $135 million post-money valuation. The capital will be used to help expand the outlet’s research and data analytics offering, Blockworks Research.“For the past year, we’ve been…

IRS Shares New Crypto Tax Form, Invites Industry Input
The new U.S. tax form for crypto investors' brokerage accounts is out, and it's been narrowed in significant ways from an earlier version. Crypto's 1099 form will "bring more ease and clarity" for those paying U.S. crypto taxes, according to IRS officials. The U.S. Internal Revenue Service (IRS) has released an updated draft version of

Binance Labs-Backed Firm Working to Boost Blockchain Speeds Raises $3 Million
news Marlin Protocol has reeled in a $3 million seed round from Binance Labs, Arrington XRP, Electric Capital, NGC and other investors. The startup, based in San Francisco and Bangalore, India, works to increase network speeds across a variety of blockchains. Throughput constraints – or limitations on how much data can smoothly flow through a…