Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale
A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent.
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Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand. Own this piece of history Collect this article as an NFTCrypto-versed lawyers will play an increasingly important role in Web3 firms — particularly after the implosion of FTX and the industry braces for regulatory turbulence, two legal academics believe.Boston…
Opera to integrate with Polygon, opening dApp ecosystem to 80M users
Browser-crypto integrations have become a major theme as blockchain developers look prioritize ease of use in onboarding new participants. 896 Total views 7 Total shares On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go…
CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.
EU launches ‘Trusted Investors Network’ to boost VC investment in tech
The European Union unveiled the Trusted Investors Network at a meeting in Athens, Greece to attract venture capital to deep-tech sectors like biotechnology and AI.
FTX hacker dumps 50,000 ETH, still among top 40 Ether holders
The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds. 508 Total views 19 Total shares The hacker behind the bankrupt cryptocurrency exchange FTX started transferring their Ether (ETH) holding to a new wallet address on Nov. 20. The FTX wallet drainer was the 27th largest ETH holder…
How to create NFTs on the Cardano blockchain
Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022, with Cardano’s native cryptocurrency ADA (ADA) utilized to buy and…
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.
Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety
The new company will develop AI safety and capabilities in tandem.