Other Archives

Coin Center’s executive director, Jerry Brito, has expressed that complying with the cryptocurrency tax reporting guidelines set for 2024 remains ambiguous. Key elements of the infrastructure bill signed by U.S. President Joe Biden are now operational. This includes mandates that digital asset transactions exceeding $10,000 be reported to the IRS. The bipartisan bill, approved by […]

For nearly a decade, there was a consistent and uninterrupted growth in the count of cryptocurrency ATMs. However, a shift occurred in late 2022. The count of operational Bitcoin ATMs has experienced an approximately 11.1% decrease compared to the beginning of 2023, marking a deviation from the ten-year trend of yearly increases. As per data […]

The cyberattack on Orbit Bridge just before New Year’s Eve pushed the cumulative crypto losses to almost $100 million in December. Blockchain security companies reported that the recent assault on Orbit Chain’s cross-chain bridge caused the crypto stolen in December to approach $100 million. On January 1st, PeckShield, a blockchain security firm, revealed that the […]

Ethereum co-founder Vitalik Buterin has unveiled an updated plan for the network’s goals in 2024. Buterin shared this roadmap on December 30 through a series of X posts, confirming that it would involve only minor changes compared to the previous year. The primary focuses for Ethereum (ETH) in 2024, as outlined by Buterin, encompass the […]

Rumors are circulating that a U.S.-based bitcoin ETF might get regulatory approval this week. On the first day of the new year, the price of bitcoin (BTC) surged by more than 6%, crossing the $45,000 mark for the first time since early April 2022. This recent upward trend seems to be driven by the expectation […]

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Seven of the 13 applicants for spot Bitcoin ETFs filed revised S-1s with the SEC on the day of the deadline. An official decision is expected by Jan. 9, and trading should begin around Jan. 11. If a launch is approved, issuers may be notified as soon as Jan. 3. The hopefuls in the race […]

The Financial Intelligence Unit, a government agency in India responsible for scrutinizing financial transactions, made an announcement on Thursday that it considers nine global cryptocurrency exchanges, including notable names like Binance, Bitstamp, Kraken, Kucoin, Gate.io, and Mexc, to be operating in violation of the country’s anti-money laundering regulations, characterizing their operations as “illegal.” As a […]

TL;DR Starknet set the foundations to be the home for complex, computational-hungry, and innovative DeFi platforms, onchain games, dynamic NFTs, and more. Starknet continues to have the fastest-growing dev ecosystem among all L2s (and a few L1s). StarkWare open-sourced key elements such as Stone Prover, Starknet sequencer, and Papyrus full node in 2023. Read on […]

Bankrupt crypto lender Genesis has agreed to settle $1 billion in claims by defunct crypto hedge fund Three Arrows Capital (3AC) with a payment of $33 million, court documents show. The hedge fund’s collapse in June 2022 marked the first storm in a long crypto winter, and its claims against Genesis refer to transfers made […]

In a bid to intensify the crackdown on crypto, China is calling for strict measures against illegal foreign exchange trading involving USDT. China is seemingly preparing to double down on its crypto crackdown, with the Supreme People’s Procuratorate (SPP) and State Administration of Foreign Exchange (SAFE) highlighting criminal cases involving the USDT stablecoin in a recent statement, according […]

Category: Other

Starting in 2024, IRS Mandates Reporting of Crypto Transactions Over $10K

The new year commences with an 11% reduction in the number of operational Bitcoin ATMs.

Nearly $100M in Cryptocurrency Stolen in December, Fueled by Orbit Bridge Hack

Ethereum’s Game Plan for 2024 Disclosed by Vitalik Buterin

Bitcoin Opens the Year with a Bang, Reaches $45K, the Highest Since April 2022

Invesco Galaxy, Bitwise, WisdomTree, Fidelity join BTC ETF revision rush

India is considering limiting access to cryptocurrency exchange platforms including Binance and Kraken

From Milestones to Masterstrokes: StarkWare’s Year in Review

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

China to intensify crackdown on stablecoins to thwart illegal forex trading

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

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