IRS wants court to toss crypto exec’s appeal over bank record summons

Bitcoin (BTC) ate away at the prior day’s gains on July 27 as United States macroeconomic data produced a muted reaction.BTC/USD 1-hour chart. Source: TradingViewAnalyst warns of BTC price dipData from Cointelegraph Markets Pro and TradingView showed BTC price strength waning after a brief push to $29,680 into the daily close.The largest cryptocurrency had offered…

Bob Lee, the creator of Cash App and the former technology chief at Square, has died after an unknown attacker stabbed him. 4800 Total views 25 Total shares Own this piece of history Collect this article as an NFTBob Lee, the former chief technology officer of Square and creator of Cash App, has died following…

A subsidiary of Argentinian smart contract platform RSK has purchased Latin America’s social media giant Taringa, gaining exposure to 30 million users.RSK-powered rewards for content on TaringaIOVlabs, a startup dedicated to the development of the RSK smart contract network, is already building a crypto-powered incentivizing program for sharing content on the platform, as reported by…

While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing adoption of decentralized governance models and new institutional-grade product offerings suggest that crypto is more than just daily chart patterns. This…

The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018.Bitcoin’s sudden rally comes as a surprise because it corrected sharply to around $30,300 on Jan. 2. Within 24…

In March, the platform claimed to have successfully onboarded over 560,000 new users. 306 Total views 11 Total shares Own this piece of history Collect this article as an NFTDecentralized multichain digital wallet solution BitKeep Wallet has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in…

A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal.A new Ethereum request for comment (ERC) was published on Github on July 3. In it, the lead developer Diyahir Campos proposed a standard for…

PNC, which is ranked among the top ten U.S. banks, will use RippleNet to process international payments for its customers, Ripple announced Wednesday, September 19.As Reuters reports, a particular PNC unit — Treasury Management — will use Ripple’s blockchain solution xCurrent to speed up overseas transactions held by U.S. commercial clients.Ripple emphasises that xCurrent will…

The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss.