Sushi DAO, Key Contributor Served With SEC Subpoena

Australians Won’t Use Libra, Believes Central BankThe Reserve Bank of Australia (RBA) has expressed doubt over whether cryptocurrencies, including Libra and central bank digital currencies (CBDCs), will ever become viable solutions.In a submission (pdf) to the Select Committee on Financial Technology and Regulatory Technology just before Christmas, RBA officials were skeptical that cryptocurrencies, in their current…

Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.

Dec 6, 2020 at 2:00 p.m. UTC(Jemal Countess/Getty Images Entertainment)Niall Ferguson on Why Bitcoin and China Are Winning the Monetary RevolutionThe well-known economic historian connects the dots between bitcoin and CBDCs in the COVID-19 money era.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google…

news Cryptocurrency exchange services provider Kraken has officially acquired regulated futures trading startup Crypto Facilities in an undisclosed deal valued at least $100 million. Announced Monday, the “nine-figure” acquisition, the largest seen in the industry so far in 2019, will enable Kraken customers to trade spot, as well as open positions offering exposure to the…

Blockchains may be transparent, but Solana's data-heavy ledger might be better described as translucent. A new block explorer called Quantum is vying to change that.Built by the the team behind SolanaFM, the overhauled block explorer prioritizes simplicity in its presentation of what's happening on the Solana blockchain, its developers say. That's a notable difference from

XRP surged 17% following a settlement in the case involving Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This led to a jump in its price from 50 cents to 65 cents and a significant increase in trading volumes. The settlement involved Ripple paying $125 million in civil penalties and agreeing to an

Gold and bitcoin are often compared as haven assets.The newly introduced bitcoin ETFs provide an even cheaper way to invest in "gold" – a digital version, anyway – as all but one charge a lower fee to investors than the biggest gold ETF.There's gold, the precious metal, and then there's digital gold, aka bitcoin.For about

Cryptocurrency storage provider Zodia Custody said it will offer crypto staking to institutional clients through an agreement with infrastructure provider Blockdaemon.The two firms are attempting to capture the growing institutional interest for staking – the process of offering digital assets to help run a blockchain network in return for rewards – according to an emailed…

Aug 31, 2020 at 07:31 UTCUpdated Aug 31, 2020 at 07:32 UTCJar of pennies (John Brueske/Shutterstock)The Internal Revenue Service (IRS) has provided guidance relating to crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable, it says. In a memorandum last Friday, first reported by The Block, the IRS's Office of…