IRS issues rules on digital asset reporting, says front-ends are brokers

Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. 484 Total views 13 Total shares Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it aims…

Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit. 760 Total views 5 Total shares A missing cryptocurrency millionaire and Instagram influencer based in Argentina has turned up dead, with police suspecting murder after he was found dismembered in a suitcase. According…

The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. 342 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an…

Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as…

Two of the world’s largest container carriers announced a full integration onto IBM and Maersk’s TradeLens blockchain platform. CMA CGM, a French container and shipping company, along with MSC Mediterranean Shipping Company have joined the TradeLens network to enable a complete digital transformation of their supply chains.Marvin Erdly, head of TradeLens for IBM Blockchain, told…

Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs.Data from on-chain analytics platform CryptoQuant shows users of 21 major exchanges sending coins to their wallets en masse June 14.Major exchanges finish up 83,000 BTC in a single dayAs BTC/USD fell to lows of $20,800,…

U.S. President Joe Biden may block the U.S. House of Representatives’ decision.

MSTR rallied by as much as 10% on Tuesday, just one day after an SEC filing showed that non-employee board members will be paid in BTC. 3000 Total views 11 Total shares Shares of MicroStrategy (MSTR) surged to one-month highs on Tuesday, as Bitcoin’s (BTC) gravitational pull on crypto proxy stocks continued to strengthen following…

First announced in July, Square's "TBD" unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin." 977 Total views 5 Total shares Square CEO Jack Dorsey said that the platform’s latest Bitcoin (BTC) venture would be to develop a decentralized exchange. In a Friday tweet, Dorsey said that "TBD" —…