Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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New IRS Guidance: How to Report Crypto Assets Accurately
The United States Internal Revenue Service (IRS) is continuing to focus its efforts in cryptocurrency. After sending a recent enforcement letter, the IRS has released two new pieces of guidance for taxpayers who engage in transactions involving digital currency.The new guidance includes Revenue Ruling 2019–24 and FAQs, including guidance for using the specific identification method.…

Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
The casual gaming market will remain a crucial audience for blockchain games and nonfungible tokens (NFTs) in gaming, according to three blockchain gaming company co-founders. Casual gamers, people who play games somewhat regularly but rarely invest significant time, make up the largest segment of players in the gaming industry. Kieran Warwick, co-founder of blockchain role-playing game…

Peter Schiff: China’s Gold-Backed Crypto Would Be Bearish for Bitcoin
China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for his cynicism when it comes to Bitcoin, attempted to counter criticism of his stance by Keiser report host, Max Keiser. Schiff tells Keiser: gold…

Chainalysis will help Tether monitor secondary market for illicit activity
The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.

Binance Changes Launchpad Token Sale Format to Lottery
Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24.Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left…

Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023.Warren Buffett’s “crypto bet” up $130 million in 2023The “Oracle of Omaha” purchased 107 million shares of Nu Holdings, a Brazil-based fintech company and owner of the crypto-friendly

Albania Approves Europe’s Most Comprehensive Crypto Law Yet
Albania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. 2706 Total views 70 Total shares Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies.The law, "On Financial Markets Based on the Technology of Distributed Ledgers," first appeared before the…

Pantera Capital CEO Believes Bitcoin Could Reach $356,000 in a Couple Years
Pantera Capital founder Dan Morehead discussed how Bitcoin (BTC) could hit $42,000 by the end of 2019, and even has the potential to reach $356,000 within a couple years. Morehead delivered his comments on an episode of the Unchained podcast on July 23.Morehead specifically said that he predicts BTC will hit $42,000 by the end…