Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded

The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the week but now this sentiment has begun to wane as Bitcoin (BTC) bulls face stiff resistance at the $40,000 level. Data from Cointelegraph Markets Pro and TradingView shows that bears have managed to fend off…

While AI-generated songs are flooding the music market, blockchain technology can ensure transparency and ethical standards are maintained within the industry. The synergy of AI and blockchain can revolutionize the music industry by enhancing artists' creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for creating…

"We are thrilled to be combining two of our greatest passions — rowing and crypto — with our sponsorship of this historic event," said the Winklevoss twins. 1915 Total views 10 Total shares Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race.In…

Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. 337 Total views 15 Total shares Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has received major industry backing as it pledges to fully open source its platform — marking the first such initiative…

Bitcoin (BTC) price was heading back towards $12,000 Aug. 8 as the largest cryptocurrency remains a firm buy, even at higher price levels.Market visualization. Source: Coin360Bitcoin price bulls forecast further growthData from Coin360 showed BTC/USD just $80 away from its next barrier, trading around $11,920 as of press time Thursday. Previously, the pair set a local…

Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t knowingly support, condone or participate in anything like this,” he tells Magazine.  “Unfortunately, too often, what…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week‘Uptober’ closes at record high in best month of 2021 — 5…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin’s price correction continues, dashing hopes of $20,000 in 2020 What a…

Binance, one of the largest cryptocurrency exchanges by daily trade volume, has experienced a major security breach on May 7, according to a statement shared with Cointelegraph on May 7.Per Binance, hackers employed a variety of tactics including phishing and viruses to obtain a large number of 2FA codes and API keys in addition to…