Peter Thiel’s fund pushes Infinex NFT investments to $67.7M
Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp.
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IRS needs congressional authority to handle crypto, says chief
"Most crypto, virtual currencies are designed to stay off the radar screen," said Charles Rettig. 854 Total views 1 Total shares Internal Revenue Service chief Charles Rettig called out lawmakers for not taking the initiative on addressing the problem of many U.S. residents not paying taxes on crypto.In a Tuesday senate hearing on the IRS’…

SEC and Gensler believed Ether was security for at least a year
In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.

Binance excludes Banco de Venezuela from P2P payments
Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009. 89 Total views 1 Total shares The world's largest crypto exchange Binance has removed Banco de Venezuela as a payment method on its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks…

Cryptocurrency and Blockchain News From Brazil: Sept. 22-28 in Review
Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more crypto-related companies.Here is the past week…

Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million.

Crypto won big in the Supreme Court's Loper Bright decision
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto.

Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
Supporting this cause led by Mayor Eduardo Paes, Binance CEO Changpeng Zhao announced to open a new office in the Brazilian city stating that “He's done his part. We are working on ours.” 685 Total views 10 Total shares The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes…

Rob from the poor and give to the rich? Robinhood prompts furious backlash after restricting trades
Mere hours after once-popular trading app Robinhood announced it would be suspending purchases of stocks pushed by retail investors on Reddit, and the community backlash has been swift and harsh.This morning, Robinhood said it had restricted transactions for American Airlines, AMC Entertainment, Blackberry, Best Buy, Castor Maritime, Express, GameStop, Koss Corporation, Naked Brand Group, Nokia,…