Crypto bankruptcies leave taxpayers in limbo during filing season
Investors who lost money on now-bankrupt crypto exchanges are stuck in limbo this filing season, tax practitioners say, unable to claim losses on digital assets with...
Author: Arthur
Whales profited from retail investors in crypto crash in 2022, BIS reports
A new report from the Bank for International Settlements (BIS) reveals that most private crypto investors bought the dip in the wake of Terra Luna and...
Binance exec: Crypto regulation could ‘stifle’ industry
Changpeng Zhao, co-founder and CEO, Binance, during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. Ben McShane/Sportsfile for Web Summit via...
Centralized crypto exchanges are dying, so long live centralized crypto exchanges?
The journey of the FTX cryptocurrency exchange in 2022 from a $40 billion company with a superstar CEO to collapse and bankruptcy amid allegations of fraud...
Chinese authorities approve Hong Kong’s crypto plans: Bloomberg
Important takeaways Hong Kong is gearing up to become a crypto hub. The Chinese government is giving subtle hints of approval to the plan. Yesterday, a...
Crypto whales are accumulating these coins while prices are still low – here’s why
Pixabay / KristenDawn Whales are in deep accumulation as the end of crypto winter promises a dawn of new gains. Among the top 1,000 Ethereum whales,...
Centralized crypto exchanges are dying, so long live centralized crypto exchanges?
The journey of the FTX cryptocurrency exchange in 2022 from a $40 billion company with a superstar CEO to collapse and bankruptcy amid allegations of fraud...
Is it too late to buy XRP? Crypto experts give their XRP price predictions
XRP coin. Source: Adobe XRP, the cryptocurrency that powers crypto-payments firm Ripple’s decentralized, public blockchain (dubbed the XRP Ledger), last traded hands at just under $0.39...
The SEC’s Shadow Crypto Rule takes shape as enforcement cases mount
US Securities and Exchange Commission (SEC) Chairman Gary Gensler believes the cryptocurrency industry is playing a game with his agency. He has said that companies are...
Ankr collaborates with Microsoft to deploy enterprise blockchain node service
Web3 infrastructure firm Ankr Inc. said today that it is partnering with Microsoft Corp. to provide enterprise-level blockchain node hosting services via the Microsoft Azure cloud...