Crypto set for ‘dozens of smaller victories’ in 2025: Grayscale exec
Grayscale’s Zach Pandl is seeing more crypto interest from pension and endowment fund managers, who largely ignored the industry over the last decade.
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Recruiters say crypto firms seeking leadership in engineering, legal and finance
Talent recruitment experts say that crypto firms are in dire need of the best leadership available to scale their businesses. 549 Total views 21 Total shares The crypto industry has enjoyed astronomical growth over the last couple of years. Now, talent recruitment experts say that crypto firms are in dire need of good leadership to…
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IMF lawyers argue that central banks need reform before they can issue CBDCs
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies. 742 Total views 16 Total shares On Friday, the International Monetary Fund published a new working paper on central bank digital currencies, or CBDCs, and their legal ramifications. In the paper, researchers including…
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New IRS Tax Guidance Targets Crypto, and US Persons Who Use It
On Oct. 9, 2019, the United States Internal Revenue Service issued Revenue Ruling 2019-24 and a series of frequently asked questions, identifying rules governing U.S. taxation of digital currencies. Taxation in the U.S. is unbelievably complex, but the new IRS guidance takes a step-by-step approach to address some of the most common issues facing holders…
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Head of Crypto Capital Arrested in Connection With Money Laundering
Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities.According to local news outlet wPolityce’s report published on Oct. 24, he is suspected of money laundering and being involved in an international drug cartel.Laundering drug cartels’ moneyPer the article,…
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ORA raises $20M in funding for tokenizing AI models
ORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure.
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Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company's previous disclosure of a security breach resulting in fund losses in May 2023. Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that…
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Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy
After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market.
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Billionaire Demands Facebook Reveal Who Placed Scam Bitcoin Ads About Him
Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who was behind ads on the platform that used his image to promote a crypto scam. The case stems from late February when Al Mana filed a lawsuit against the social media giant about a cryptocurrency scam using his name to promote itself…