IRS updates draft of crypto reporting form for US taxpayers
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.”
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Ask any leader in any industry for a list of the significant issues they’re facing right now, and odds are they’ll mention the difficulty of finding and retaining top-quality talent. It’s been a long-term, ongoing issue when it comes to professionals with a technology focus, and as businesses across industries undergo digital transformation, it’s not…

Bitcoin reaches $30K — Is this the start of the next bull run?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000. 976 Total views 2 Total shares Own this piece of history Collect this article as an NFTThis week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new…

Standard Chartered and OKX pilot crypto, tokenized fund collaterals
OKX and Standard Chartered launched a pilot letting institutions use crypto and tokenized money market funds as collateral, starting under Dubai’s virtual asset regulations. Standard Chartered and cryptocurrency exchange OKX are piloting a new program allowing institutions to use crypto assets and tokenized money market funds (MMFs) as collateral. Announced on April 10, the collateral

Ripple to give out 1 billion XRP in developer grants
The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. 439 Total views 43 Total shares Ripple, the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of…

Rising DeFi TVL and Binance staking back 88% rally in IOST price
IOST rallied to a multiyear high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users. 3345 Total views 22 Total shares While the past year has been marked by the rise of decentralized finance (DeFi), centralized entities like Coinbase and Binance continue to be some of…

Rising Bitcoin futures funding rate signals traders expect $50,000 BTC
Today Bitcoin (BTC) price rallied to a new all-time high at $44,900 shortly after Tesla announced a $1.5 billion investment. This event triggered $555 million worth of shorts to be liquidated in two hours and it happened as Bitcoin futures open interest reached $13.7 billion, which is just 3% below its historical high.These price moves…

Crypto Exchange Coincheck’s Owner Monex Reveals Plans to Open US Trading Platform
Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27. A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex…

Jeffrey Wernick on Cointelegraph China Focus
Welcome to Cointelegraph China Focus.Focus is a new talk show series launched by Cointelegraph China that covers the hottest topics from around the world. Cointelegraph China Focus invites blockchain industry leaders from all around the globe to participate in discussions. The show is hosted by Vadim Krekotin, the co-founder and CEO of Cointelegraph China.Jeffrey Wernick…