Marathon Digital misses Q1 estimates on bad weather, utility failures

Bitcoin hitting its highest level since the start of December reignites the quest to crack $20,000 resistance. 1928 Total views 11 Total shares Bitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000.Cryptocurrency market overview from Coin360.BTC price highest since Dec. 1Data…

A new report published September 7 by the U.S. Foundation for Defence of Democracies’ (FDD) Center on Sanctions and Illicit Finance (CSIF) shows that digital currencies are ill-suited for financing terrorist groups.The report was presented by CSIF director of analysis Yaya Fanusie at a hearing before the U.S. House of Representatives Subcommittee on Terrorism and…

The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap. 519 Total views 5 Total shares Crypto data aggregator Messari has reported that the quantity of crypto assets stored in custody on U.S. exchange giant Coinbase surged in the last quarter of 2020.Messari Crypto has…

While no longer the leader of the Democratic Party, Hillary Clinton's comments on crypto could have the potential to create more partisanship among lawmakers regulating digital assets. 745 Total views 7 Total shares As the perceived legitimacy of blockchain technology increases, politicians in the United States have shown a growing interest in turning this non-partisan…

The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. 828 Total views 25 Total shares Own this piece of history Collect this article as an NFTFor many countries, the tax season is right around the corner, which means companies in the crypto…

LiFi Protocol faces a security breach as hackers exploit a specific contract address, leading to the loss of over $8 million in cryptocurrencies.

American digital asset manager Grayscale Investments confirmed its Ethereum Trust (ETHE) has gained regulatory approval from the Financial Industry Regulatory Authority (FINRA) for retail trading. The news was announced in a press release issued on May 23.Set to become the first publicly-quoted security based on Ethereum (ETH), ETHE received the go ahead from FINRA to…

According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions. 308 Total views 3 Total shares The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting.In its annual