Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison

The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026. 78 Total views 2 Total shares Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed

The Celsius CEO is also seeking clarity for similar products while Mark Cuban advises going on the offensive. 526 Total views 30 Total shares Support for Coinbase and its CEO, Brian Armstrong, has been pouring from the crypto community since the company disclosed in a regulatory filing on Wednesday that it had received a Wells…

After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a "technical adjustment," but the network’s deposits and decentralized applications reflect worsening conditions.Avalanche (AVAX) index, USD. Source: TradingViewTo date, Avalanche remains 83% below…

While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Silicon Valley-based startup Splend, specialized in developing solutions to address blockchain scaling issues for instant crypto transactions, announced that it is partnering with Shanghai Code Center Industry, a China-based IT company, to develop the “next generation” network infrastructure for the China Cable Television Network. It is a subsidiary of China Central Television (CCTV), the largest…

New York’s Emily Xie is exploring the new frontier of digital art by combining her skills and passion for computer science and generative art.  In a little under two years, since she minted her first NFT in March 2021, she has caught the attention of prolific collectors, such as Punk6529, DC Investor and Bob Loukas,…

Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology.

Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 367 Total views 49 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last…

Ethereum co-founder and ConsenSys creator Joseph Lubin said that blockchain technology and decentralization can benefit content creators and journalists. Lubin spoke about different industries that are benefitting from blockchain technology in a video on March 12.In the video, Lubin said that artists are “set to benefit quite dramatically” from blockchain, as it allows them to…