‘Secretly Circulating’ Draft Crypto Bill May Be a ‘Blessing’ for DeFi
A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started circulating online, with some comments suggesting it could be positive for decentralized...
Tagged: crypto
The IRS is drafting new crypto reporting rules for the 2022 tax year
Important takeaways The IRS has released a draft version of Form 1040, which includes new reporting guidelines for digital assets. This year, the IRS has explicitly...
Solana’s web3 phone is an ‘opportunity’ against Google and Apple, co-founder says • TechCrunch
It’s been nearly four months since tier-1 blockchain Solana announced its web3-focused smartphone Saga, and as the phone nears its official release date, the plan has...
Bitcoin, Ethereum, Solana Fall, TerraClassicUSD (USTC) Top Gainer
Cryptocurrency prices traded in the red with Bitcoin (BTC) and Ethereum (ETH) falling, along with other altcoins such as Solana, Binance and Cardano, on Thursday morning....
11% of the world’s crypto and Web3 talent is in India: NASSCOM
Crypto may not be fully recognized by the Indian government yet, but the sector is booming in terms of jobs. India now accounts for 11 percent...
What Jamie Dimon gets right about blockchain amid the cold of crypto winter
Illustration: Aïda Amer/Axios Wall Street’s strong rally hasn’t quite transferred to digital assets, which are still languishing in the cold of an intensifying crypto winter. But...
Aptos Airdrops Tokens to thousands in trading launch
Important takeaways Aptos has announced a token airdrop. Users who participated in Aptos Incentivized Testnet or minted APTOS:ZERO testnet NFT are eligible to receive 150 APT...
Europe is moving towards regulatory actions on crypto’s environmental impact, energy use
The European Union (EU) released a package of documents on 18 October related to an action plan for the implementation of the European Green Deal and...
Why Law Enforcement Struggles to Curb Crypto Fraud
Under the headline “Fraudsters in Paris,” an online sleuth known as ZachXBT published a blog in August detailing how a pair of youths stole millions worth...
Bankrupt crypto-lending platform Celsius is facing federal investigation, according to court documents
New court documents reveal that bankrupt crypto-lending platform Celsius is facing a federal investigation as well as inquiries in 40 US states. According to a recent...