Lens Protocol, a decentralized social media platform created by Aave, has released its "V2" upgrade on Polygon's main network, offering new features such as multisig-managed profiles and tipping on "smart posts."
Former Jane Street trader, Ross Rheingans-Yoo, is demanding the remainder of his 2022 bonus from FTX while denying any knowledge of fraud by Sam Bankman-Fried, who was convicted of fraud and led to FTX's collapse.
OpenSea, the NFT marketplace, is not hacked despite widespread social media claims and hashtags, as confirmed by the company itself.
Solana's native token, SOL, experienced a significant surge followed by a retracement, leading investors to question the longevity of its bullish momentum, though its on-chain activity and performance remain strong.
Malicious actors are exploiting Ethereum's 'Create2' function to bypass wallet security alerts and steal $60 million worth of cryptocurrency from 99,000 individuals, utilizing two methods known as contract address deployment and address poisoning.
Crypto analyst Benjamin Cowen predicts that Bitcoin (BTC) could reach a peak price of over $100,000 by late 2025, based on historical market cycle patterns and logarithmic regression bands.
Ripple (XRP) price is at risk of falling 10% as it faces selling pressure and potential loss of support, but a break above a certain level could invalidate the bearish outlook. Additionally, a lawyer argues that a judge's ruling on XRP gives the community a tool against Bitcoin maximalists.
The Internal Revenue Service (IRS) and U.S. Treasury officials are considering adjusting their proposed crypto tax regulations, including the possibility of excluding stablecoin transactions and finding a way to identify non-financial assets, as they received over 124,000 comments on the proposal which ended Monday.
Cboe Digital plans to launch margin Bitcoin and Ethereum futures, making it the first platform to offer both spot and leveraged derivatives trading in one place.
Cboe Digital will become the first US-based exchange to offer both spot and leveraged futures trading for Bitcoin and Ether, increasing liquidity and hedging opportunities in the crypto market.
A six-month-old altcoin project called ORDI has experienced a significant surge in value after receiving support from Binance, with its token price increasing by 220%.
Venture interest in crypto is rebounding with recent price gains seen as a positive signal, signaling a renewed focus on practical solutions and real-world use cases in the industry.
The Grok token, which is not affiliated with Elon Musk's AI service, reached a market capitalization of $160 million within eight days of its launch but has since experienced significant volatility, with its value reaching an all-time high of $0.02; however, the token's liquidity is limited, making it susceptible to price crashes.
Dubai-based crypto exchange Trek Labs, founded by FTX's former general counsel Can Sun and former Alameda Research software developer Armani Ferrante, has obtained a license from VARA and plans to launch in beta later this month with technology allowing users to self-custody their funds.
Bitcoin has seen a significant rise in value this year, resulting in an increase in crypto wallets holding over $1 million in Bitcoin; however, the upcoming release of economic data and the possibility of a government shutdown may cause short-term volatility for Bitcoin.
A new report by Game7 reveals that 157 blockchain games were halted in 2022 and another 43 games were halted in 2023 due to financial difficulties, with most of the affected games being indie titles and small studios; meanwhile, the number of gaming-focused blockchain networks has increased, resulting in more competition among blockchains and a rise in developers switching chains.
Chinese cryptocurrency mining operations have been discovered near critical US sites, including a Pentagon-supported Microsoft data center and Warren Air Force Base, raising concerns over potential surveillance, national security risks, and China's influence on bitcoin price dynamics and illicit financial activities.
Solana (SOL) and Cardano (ADA) are popular altcoins known for their innovative solutions, but InQubeta (QUBE) has the potential to join the top 100 cryptocurrencies list with its unique solution for AI startups and ongoing presale.
Bitcoin researcher Robin Linus has proposed a decentralized file hosting system called BitStream, which uses Bitcoin payments to incentivize content hosting and allows servers to charge for each download using payment channels like Lightning.
The Bitcoin price is uncertain as it awaits the release of the US Inflation data, with investors depositing 30,000 BTC into exchanges and large investors reducing their trading activity.
Solana (SOL), the seventh largest cryptocurrency by market cap, has cooled off after a recent surge, but is still up nearly 40% in the last seven days.
Ryan Wyatt, former president of Polygon Labs, has been hired as the chief growth officer of Optimism Unlimited Ltd., where he will support blockchain development and help developers build across the Optimism ecosystem.
Ryan Wyatt, former president of Polygon Labs, has joined Optimism as the Chief Growth Officer of its newly created subsidiary, Optimism Unlimited, with a focus on building a team to support adoption and development across various functions to ramp up the non-technical efforts of the Optimism Collective and drive gaming adoption.
Hackers are using a code called Create2 to bypass security alerts and steal over $60 million worth of cryptocurrency by gaining access to private keys.
Sovereign wealth funds and institutions are ready to buy Bitcoin, but the market needs more regulatory clarity before a Bitcoin ETF can be approved, according to "Shark Tank" investor Kevin O'Leary. O'Leary also mentioned that the leading candidate for compliance, Coinbase, is currently stuck in litigation, and a spot Bitcoin ETF could still be more than a year and a half away. Despite these challenges, when approval does happen, the demand for Bitcoin is expected to be high.
The proposed digital asset broker regulations for crypto create problematic requirements that make taxpayer compliance impossible, particularly regarding cost-basis reporting and specific identification of sold assets.
Bitcoin is expected to experience a parabolic advance as governments print more money, with BTC potentially reaching six figures, according to a popular crypto analyst.
Cboe Digital will list margined bitcoin and ether futures, becoming the first regulated US exchange to offer spot and leveraged derivatives trading on a single platform.
Crypto trading volumes continue to rise, Sam Altman discusses the future of AI training costs, Didi's earnings drop, and Shekel Mobility raises a noteworthy funding round.
Bitcoin institutional investment vehicles have received over $1 billion in new inflows in less than two months, indicating renewed interest and adoption in cryptocurrencies.
To navigate the world of crypto taxes and stay on the right side of the law, it's important to understand different transactions, be mindful of holding periods, consider professional help, stay transparent with the IRS, stay organized throughout the year, and learn from recent cases.
Binance Blockchain Week Istanbul 2023 brought together global crypto leaders and highlighted Turkey's vibrant crypto community, with Binance introducing its Web3 Wallet and emphasizing the country's role in the blockchain ecosystem.
Sam Bankman-Fried, the founder of FTX, has been found guilty on all counts in his federal criminal trial, providing some clarity for FTX customers waiting to see how their losses will be treated in the bankruptcy proceeding.
Cboe Digital plans to become the first U.S. regulated cryptocurrency exchange and clearinghouse to offer both spot and leveraged derivatives trading on a single platform, with trading and clearing in margin futures on Bitcoin and Ether set to launch in January 2024, supported by 11 leading firms in the crypto and traditional finance space.
The IRS is facing criticism from the crypto industry over its proposed new tax approach for cryptocurrencies, with concerns revolving around user privacy, the reporting requirements for crypto entities, the inclusion of stablecoins, and the classification of digital assets as securities. The IRS will gather feedback from prominent crypto advocates in an audio-only hearing before finalizing the tax regime, which has been deemed a threat to investor privacy and decentralized projects. Despite objections, establishing clear rules for reporting cryptocurrency gains could eliminate uncertainty and promote wider interest in cryptocurrencies.
Bitcoin price dropped to $36,880 ahead of US inflation data, wiping out its weekend gains, as traders await the Consumer Price Index (CPI) report for October.
Grayscale's Bitcoin Trust's discount to its net asset value (NAV) has reached its lowest levels since July 2021, as anticipation for a spot Bitcoin ETF approval fuels a rally in digital assets.
Hackers stole $27 million worth of tether (USDT) from a Binance deployer wallet, converting it to ether (ETH) and then bridging it to bitcoin (BTC) through the THORChain bridge.
Three real-world asset tokens, PENDLE, DUSK, and CFG, show potential for significant gains in 2024, with each token experiencing bullish developments and breaking out from resistance levels.
The GROK token, inspired by the artificial intelligence service Grok AI, has rapidly gained a $160 million market capitalization within just eight days of its release, with prices more than doubling in the past 24 hours and a week-long rally of 13,000%, but the token's liquidity remains limited.
Nearly 10% of the total supply of Aptos (APT) was unlocked over the weekend, with tokens distributed to various groups in the ecosystem, including the Aptos Foundation, core contributors, investors, and the community.
Avalanche (AVAX) price has surged to a six-month high due to the revival of GameFi within the Avalanche ecosystem, driving adoption and fee burns and attracting investor interest, with further price gains predicted if new gaming subnets have a similar impact.
The Grayscale Solana Trust is trading at a premium of 869% to its underlying assets due to increased institutional interest in the cryptocurrency industry.
Meme coins Dogecoin and Floki are expected to experience a significant rally, with analysts predicting potential price increases and resistance levels for both coins.
Cathie Wood's ARK Invest sold over 200,000 shares in Grayscale Bitcoin Trust (GBTC) as the BTC investment vehicle rallied around 10% last week.
Crypto lender Genesis has agreed to settle $1 billion in claims by bankrupt hedge fund Three Arrows Capital with a $33 million payment, according to court documents.
Bitcoin and other cryptocurrencies remain steady at high levels, but a technical indicator indicates potential retracement of gains.
Ripple CEO Brad Garlinghouse discourages maximalists and discusses factors that could drive further institutional adoption, including clear regulatory frameworks and demonstrated utility, at the Ripple Swell 2023 event in Dubai.
Tether, the major stablecoin issuer, has minted 4 billion USDT tokens over the past month, with 1 billion USDT issued on the Tron blockchain and 1 billion issued on Ethereum, according to blockchain data provider Whale Alert. Tether has been actively minting new coins throughout the year and has also burned some coins. The recent minting has generated discussions among the cryptocurrency community about its potential impact on the market. Additionally, Tether's CEO announced that the company is preparing to launch five new projects in 2024.
The discount on the Grayscale Bitcoin Trust has reached its lowest level since July 2021 due to optimism surrounding the potential approval of a spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC).