Trump’s leading pick for Treasury Secretary is ‘very pro-crypto’
As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.
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Huobi winds down former exchange operator in China
Huobi's move follows a similar decision by crypto exchange OKEx, which resolved to dissolve its China-based entity in late June. 532 Total views 20 Total shares Stakeholders in the Chinese firm that was founded to operate cryptocurrency exchange Huobi have resolved to dissolve the entity, according to publicly available records.The firm, Beijing Huobi Tianxia Network…

BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.

Fork in the node: Bitcoin Cash Node on track to oust Bitcoin ABC
After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node. 1835 Total views 20 Total shares Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form…

CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9
In this week’s newsletter, read about Ethereum co-founder Vitalik Buterin’s proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In…

Coinbase Adds Tax Support Resources for US Customers, Including TurboTax Integration
American cryptocurrency exchange and wallet service Coinbase has added resources for customers in the United States to claim crypto trades on their taxes, according to an official blog post on Jan. 24.In addition to adding an educational guide on crypto and taxes, Coinbase has also integrated with popular tax software TurboTax. According to the blog…

Brett Harrison will step down as FTX US president, move into advisory role
The soon-to-be former president said he would continue to assist CEO and founder Sam Bankman-Fried "to ensure FTX ends the year with all its characteristic momentum.” 243 Total views 3 Total shares The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few…

The Sandbox and the British Museum bring art and history to the metaverse
The partnership between The Sandbox, the British Museum and laCollection intends to make artifacts in the museum’s collection more accessible. 193 Total views 2 Total shares The Sandbox metaverse development platform announced on July 27 that it would be partnering with the British Museum to bring it into the metaverse. The blog revealed that the partnership…

Binance.US market share drops below 1% amid regulatory lawsuit: Report
The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbase’s rose roughly 7% in June. United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators.According to a July 5 report from Reuters citing data from…