Did the crypto market bottom this week? — Here’s what the data shows

Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. 252 Total views 7 Total shares The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s…

The information will be sent to the Internal Revenue Service in early November. 69 Total views 1 Total shares United States-based cryptocurrency exchange Kraken said it will share the data of 42,000 users with the U.S. Internal Revenue Service (IRS) in compliance with a court order. The information will be sent to the IRS in

Bitcoin proponent Mark Cuban is certainly not happy with the tighter rules for crypto businesses introduced in the new infrastructure bill. 609 Total views 7 Total shares Leaders in the crypto industry continue to speak up as the bipartisan $1 trillion infrastructure bill, known for implementing tighter rules on crypto businesses and expanding reporting requirements…

Gearing up for new battles against data-driven monopolies, antitrust enforcers may well look to blockchain as a way of getting honest data from companies they don't trust. 789 Total views 7 Total shares Competition authorities are hitting the books when it comes to emerging technologies like blockchain and AI. On Tuesday, the Department of Justice announced…

The reality is that blockchain technology can still deliver substantial benefits, particularly within the fine arts. And for those who have been paying attention, 2022 has been a year of incredible normalization for nonfungible tokens (NFTs). Simply put, major institutions across various sectors have dipped their toes into Web3. In November, Instagram announced that creators…

A peculiar phenomenon is occurring within the economic sector. In fact, it’s been transpiring over the past few decades. After the rise of the internet and the development of effective communications, the financial industry underwent a technical reconstruction. Those formerly disbarred due to a lack of capital found refuge in this revolution. Internet brokers and…

The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the four mining devices with fans and connected microcircuits across the Russian/Mongolian border into Russian territory.The custom services explained…