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

The project claims that the bill, as currently written, could “substantially inhibit innovation and economic growth” in the EU. 1308 Total views 10 Total shares Own this piece of history Collect this article as an NFTPolygon Labs, the core company behind the development of Ethereum layer-2 scaling solution Polygon, has called on policymakers in the…

Bitcoin (BTC) ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price hits 5-day highs on CPIData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tested multi-week lows twice on hourly timeframes before reversing upward. The pair…

Ethereum Name Service has integrated fiat payment options for new decentralized domain registrations in a new partnership with MoonPay. 236 Total views 3 Total shares Own this piece of history Collect this article as an NFTWeb3 users can now register decentralized .eth domains on the Ethereum Name Service (ENS) protocol using a host of fiat…

Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, including those from BiotechValley Insights, see "terrible technicals" in the Bitcoin market, noting that the flagship cryptocurrency could extend its ongoing decline until $20,000.Nevertheless, Glassnode Insights, a…

Global technology firm Bosch partners in the launch of a new foundation, committing $100 million to a Web3, AI and IoT grant program. 244 Total views 16 Total shares Own this piece of history Collect this article as an NFT$100 million is being earmarked for a grant program funding the development of Web3, artificial intelligence…

FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading. 850 Total views 8 Total shares FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount.FTX.US’ owner, West Realm Shire Services, announced on Tuesday that the company had executed a sale-and-purchase…

Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.” 4514 Total views 40 Total shares Russian financial authorities have confirmed the government’s purported plans to issue the central bank digital currency, or CBDC.On Oct. 13, the Bank of Russia released a consultation paper on the…

Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open as Europe's chief banker admitted the world would "never" return to low inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLagarde on inflation: "I don't think we're ever going back"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD looking nonvolatile but precarious as…

In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News