IRS doubles down on crypto staking taxes — Report

The milestone comes less than two years after the launch of its mainnet. 101 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than…

Alexander Vinnik, the Russian national accused of laundering 300K Bitcoin through crypto exchange BTC-e, may now face trial in France. Also awaiting charges in the United States and Russia, suspected Bitcoin money launderer Alexander Vinnik could be facing a trial in France first.According to news agency Agence France-Presse (AFP), a Paris judge has ordered the…

The unconfirmed “partnership” between decentralized internet project TRON (TRX) and China's largest internet search provider Baidu will center on cloud computing resources, not blockchain, according to a report published by ODaily October 15.The report, as cited and translated by local crypto news source CNLedger, states that Baidu Cloud and TRON have closed a deal to…

Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from $154…

A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining. According to the Digital Development Minister of Kazakhstan, Bagdat Mussin, the country is in negotiations regarding investments in its cryptocurrency mining sector amounting to 300 billion tenges ($714 million).Earlier in June, another Kazakh minister, while arguing…

After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023. 540 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital…

The A’s become the first team in Major League Baseball to sell tickets for cryptocurrency. 1955 Total views 17 Total shares Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them.The Oakland A’s, as they’re colloquially called, introduced an offer on March 15 enabling…

Bitcoin (BTC) attempted to reclaim $40,000 as support on April 12 after a troubling start to the week saw BTC/USD hit three-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Extraordinarily elevated” CPI data dueData from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency bouncing to $40,200 on Bitstamp on April 11 after falling to just $39,300.Spurred…