FTX reaches $200M settlement with IRS on tax bill

Bitcoin’s (BTC) value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market. Bitcoin’s breaks below key gold support As of April 22, the BTC/XAU ratio had closed below its

Initial Coin Offerings (ICO) are facing a regulatory “compliance trilemma,” according to a recent study released Nov. 19. The research, funded by Canadian non-profit national research organization Mitacs Canada and regtech platform iComply, was carried out by the University of British Columbia (UBC).To prepare the report, UBC’s research team investigated the ICO space over the…

Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC).Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman has joined the Senate Agriculture Committee, which oversees the CFTC. The news was first reported by farm and policy publication Agri-Pulse on Jan.…

Members of Arbitrum’s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency.  On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst

Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition.As the blockchain community grows, so does the recognition that cryptocurrency is important. According to Big Four audit firm Deloitte’s “2020 Global Blockchain…

The carbon emissions generated by bitcoin (BTC) are comparable to the whole of Kansas City, and even a small country, according to a study published in the Joule journal on June 12.Christian Stoll, one of the researchers involved in the project, said the large energy consumption generated through mining translates into a significant carbon footprint.…

Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal. 82 Total views 5 Total shares The Hong Kong government says the recent $165 million alleged scandal involving crypto exchange JPEX won’t  stifle its Web3 vision for the region.