Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison

The U.K. tax authority is trying to crack down on wealth hidden in "unsanctioned" currencies. 1554 Total views 11 Total shares Her Majesty's Revenue and Customs, the tax authority of the United Kingdom, will ramp up its efforts to snare cryptocurrency tax evaders in an attempt to uncover what it regards as hidden wealth, says…

The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.

The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.

Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial crisis,” Bloomberg reports Nov. 15.Coeure reportedly made his acid remarks at the Bank for International Settlements (BIS) in Basel. The BIS’ general manager Augustín Carstens has likewise previously made a spate of…

Stolen crypto from Atomic wallets is already on the move to mixers according to Elliptic. 591 Total views 1 Total shares Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm…

The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically,…

The Securities and Exchange Commission and Gemini have asked for a 60-day stay of the regulator’s lawsuit to “explore a potential resolution.” The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange's Gemini Earn program, saying they want to discuss a potential resolution.  In an

In a letter to Investors, CEO Dan Morehead examined the YTD performance of Bitcoin prior to the May 12 rewards halving. 2540 Total views 100 Total shares Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of…