Soneium blockchain launched by Sony to attract Web3 developers

United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013, CEX is a London-based cryptocurrency trading platform, initially started as a cloud mining provider. Currently, the exchange supports eight major digital currencies and four major fiat currencies, while its adjusted daily…

Filing taxes for cryptocurrency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats cryptocurrency as property subject to capital gains taxes. Knowing this appears to make filing crypto taxes simple, but crypto’s unique nature means there are many unanswered questions.Accurately reporting gains and losses can be…

Top Stories This WeekComing every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Million…

A Taiwanese man suspected of stealing electricity worth over $3 million to mine Bitcoin (BTC) and Ethereum (ETH) has been arrested, according to a report from local news channel EBC Dongsen News Dec. 26.The suspect, whose surname has been given as Yang, has been accused of allegedly stealing the electricity to successfully mine cryptocurrencies worth…

Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. 186 Total views 2 Total shares Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to…

Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April.Solana flips key resistance to supportTo recap, SOL's price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history. For instance, the…

The Bitcoin Cash (BCH) blockchain has seen no new block for five hours earlier today. However, due to low usage, the transaction backlog was cleared without difficulty and normal activity resumed.Data available on advanced blockchain explorer Blockchair show that BCH block number 620025 was mined at 2:14 on Jan. 30. The next block, number 620026,…

The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives. 724 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTScuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list…

Cryptocurrency exchange OKEx has donated $4.5 million in Bitcoin (BTC) to its perpetual swap market insurance fund as a show of support for the Warren Buffett Power Lunch.More protection for tradersIn a press release shared with Cointelegraph on July 23, the Malta-based crypto exchange revealed its contribution to the perpetual swap market insurance, whose amount…