NY Attorney General files lawsuit to recoup $2.2M in crypto lost to job scam
Victims in New York were promised “well-paying, flexible jobs,” only to be tricked into a crypto scam, according to New York Attorney General Letitia James.
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COO Parts Ways With OKEx to Focus on Mass Adoption Through Consultancy
OKEx chief operating officer Andy Cheung announced Jan. 7 that he has resigned from the cryptocurrency exchange to form a new blockchain consultancy institute called Bitwork. The entrepreneur’s stated goal is to help projects connect to markets and drive mass adoption.Helping create quality projectsCheung claimed that his contribution toward the mass adoption of cryptocurrency is…

Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data
Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals.According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more.$20,000 makes 50-BTC hodlers happyBitcoin is famous for its relationship with the $20,000 price tag.Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000…

Japanese Government to Prevent Crypto Tax Evasion With New Reporting System, Sources Say
Japan’s government is seeking ways to prevent tax evasion on significant profits from cryptocurrency transactions, daily Japanese newspaper Mainichi Shimbun reports Tuesday, Dec. 4.According to sources familiar with the matter, the new system prepared by the government will allow the National Tax Agency (NTA) to get data from transaction intermediaries, such as crypto exchanges. The…

Prediction market doubts Trump will complete first term after COVID-19 diagnosis
A pump in daily volume creates an 8% swing on whether Trump will complete his first term. Following reports of United States President Donald Trump’s positive test result for COVID-19, prediction markets have (perhaps predictably) seen a flurry of activity.One of the more macabre predictions gaining attention is on the centralized PredictIt market run by…

Nifty News: OpenSea adds Avalanche, Meta has legs, DeGods takes 0%, and more…
Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out. 197 Total views 30 Total shares

Voyager’s $1B deal with Binance.US moves forward after deal with Feds
The bankrupt crypto lender struck a deal with the U.S. government and its $1 billion sale of cryptocurrencies to Binance.US has moved forward. 594 Total views 6 Total shares Own this piece of history Collect this article as an NFTBankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government…

Bitcoin 'diamond hands' cut selling by nearly 50% at $73.8K — Research
Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value.

US Lawmakers Ask Federal Reserve About National Digital Currency
Members of the United States House of Representatives Financial Services Committee asked the Federal Reserve whether there are any plans of launching a U.S. dollar digital currency.Fed has the mandate to develop a national digital currencyIn a Sept. 30 letter to Federal Reserve Board Chairman Jerome Powell, U.S. Representatives French Hill and Bill Foster expressed…