Blockchain

Blockchain

MicroStrategy Acquires More Bitcoin Amid Market Recovery

Business intelligence firm and major Bitcoin investor, MicroStrategy, has announced that it is acquiring more Bitcoin amid the recent cryptocurrency market recovery. According to a recent form 8-K filing with.

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Blockchain

Disney reportedly scraps its metaverse division

Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan that will see the firm cut its operating expenses by $5.5 billion and lay.

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Blockchain

Do Kwon registered a company in Serbia for $1 amid Interpol red notice: Report

Terraform Labs co-founder Do Kwon established a company in Serbia for less than $1 just weeks after being flagged with an Interpol red notice, according to documents from the Serbian.

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Blockchain

7 details in the CFTC lawsuit against Binance you may have missed

The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of market manipulation and a.

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Blockchain

Bitcoin ATM maker to refund customers impacted by zero-day hack

Bitcoin ATM manufacturer General Bytes says it is reimbursing its cloud-hosted customers that lost funds in a "security incident" in March that saw its customers' hot wallets accessed. As previously.

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Blockchain

Voyager’s $1B sale to Binance.US put on hold by US court

Voyager Digital’s $1 billion sale to Binance.US has been temporarily halted by a federal judge after a request by the United States government for an emergency stay. The request for.

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Blockchain

BlockFi to provide over $100K in refunds to California clients

Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans even after a trading halt on Nov. 10 last year..

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Blockchain

UK Treasury drops plans for Royal Mint NFT

The United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak. While serving as chancellor of the Exchequer,.

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Blockchain

South Dakota Gov’s Veto of Cryptocurrency Regulations Upheld

South Dakota’s House has failed to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state

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Blockchain

Biden’s policy on crypto taxation undermines his environmental goals

Gains accrued by staking cryptocurrency should not be treated as a taxable event. It only makes sense to tax such gains upon their conversion to legal tender currency. To do.

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