dYdX explores sale of derivatives trading arm
Selini Capital and Wintermute Trading are reportedly bidding on dYdX’s v3. The protocol’s v3 version was compromised on July 23.
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US Tax Court Says You Should Sell Your Crypto Savings If You Owe IRS
The US federal court sides with the IRS in a dispute involving crypto whales and unpaid taxes. The United States Tax Court has affirmed the IRS’ decision to deny a Maryland couple an installment plan. They state instead that the couple should liquidate their $7 million cryptocurrency holdings to pay off the tax debt. The couple,…

Indicted NYC mayor leaves questionable crypto legacy as controversy mounts
Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.

FCA officials tell UK parliamentary committee crypto regulation is unavoidable
The CEO and chairman of the United Kingdom's financial regulator took a grim tone as they discussed crypto regulation but conceded that they’re the ones who have to do it. 229 Total views 2 Total shares Own this piece of history Collect this article as an NFTOfficials of the United Kingdom’s Financial Conduct Authority (FCA)…

Chinese state insurance firm launches two crypto funds in Hong Kong: Report
The Chinese government-backed CPI Investment Management is launching two crypto funds related to blockchain investment and staking. Own this piece of history Collect this article as an NFTThe Chinese government appears to be more bullish on the cryptocurrency industry than one might think, as a major state company is reportedly launching new cryptocurrency funds.CPIC Investment…

Bitcoin Dominance ‘Reverting to Mean’ of 90%, Says Blockstream CEO
Bitcoin (BTC) is reverting to its historical 90%+ market dominance at altcoins’ expense, one of the industry’s best-known figures has declared.Back: Bitcoin will hit 90% dominance againIn a Twitter debate with Primitive Fund co-founder Dovey Wan on Sept. 9, Blockstream CEO Adam Back said altcoins’ previous supremacy was a temporary feature of the cryptocurrency space. Wan…

VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge.

Top Experts Make Bitcoin Price Predictions as BTC Halving Approaches
Hype is steadily building across the wider cryptocurrency community as the looming Bitcoin mining reward halving draws closer. As the world grapples with the heavy economic downturn spurred on by the ongoing global coronavirus pandemic, the value of Bitcoin has been at odds with conventional stock markets. A driving force behind this trend is the halving,…

DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains. Blockchain analytics firm Chainalysis has released a new tool to track transactions across Decentralized Finance protocols and multiple blockchains.Chainalysis launched a beta version of its Storyline software on May 18. Touted as a “Web3-native blockchain…