US lawmakers advance resolution to repeal ‘unfair’ crypto tax rule

Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. 342 Total views 4 Total shares Own this piece of history Collect this article as an NFTTwitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in…

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time. 2448 Total views 16 Total shares With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets.According to crypto market data aggregator Glassnode,…

After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. 257 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency…

An official from South Korea’s Financial Supervisory Service (FSS) has proposed greater international cooperation between regulators for crypto and Initial Coin Offering (ICO) regulation, local news outlet Asian Economic TV reports Friday, September 7.Yoon Suk-heun, governor of FSS, made a statement about the potential for more cooperation during the opening ceremony of the 20th Integrated…

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The United States’ law enforcement recovered and returned over $104,000 stolen from the cryptocurrency exchange Bitfinex, according to a Medium post by the exchange published on Feb. 25.The funds returned are reportedly just under 27.7 Bitcoins (BTC), which were stolen in August 2016 in a hack that involved the theft of around 120,000 BTC in…

The development of R3’s enterprise blockchain platform Corda is being plagued by fundamental disagreements over its core vision, causing frustration and delay.The claim was made in a report from FT Alphaville on Aug. 22, citing numerous insider sources.“Corda maximalists” versus interoperability proponentsSources close to R3 reportedly allege that there is a gulf between Corda’s engineers…

Ripple CEO Brad Garlinhouse on August 2, expressed his disapproval of the United States Securities and Exchange Commission (SEC) for utilizing Ripple's quarterly XRP Markets Report, designed to enhance transparency in the cryptocurrency industry, as evidence against the company in the ongoing lawsuit. Garlinghouse stated that the company initiated the reports with the intention of voluntarily…