US President Biden Aim to Impose Wash Sale Rule on Crypto
The US President, Joe Biden has issued a stiff budget proposal. As expected, the 2024 fiscal year’s budget proposal impacts crypto investors and traders as...
JPMorgan Severs Ties With Gemini as a Banking Partner
JPMorgan is reportedly severing ties with cryptocurrency exchange Gemini, owned by the Winklevoss twins, according to a report from CoinDesk which cited an anonymous source....
Binance NFT Expands Marketplace Reach with Polygon Integration
Binance NFT Marketplace has revealed that it has added the Polygon network to its list of supported chains, expanding the NFT ecosystem for its community....
Binance Finally Gets Approval To Acquire Voyager
In a much-awaited development in the world of cryptocurrencies, bankrupt cryptocurrency lender Voyager Digital has woncourt approval to sell over $1 billion of its assets...
Binance Proof-of-Reserve System Now Includes 11 New Tokens
As per a recent development, Binance has upgraded its proof-of-reserve system to include an additional 11 tokens. The new tokens to be added with the...
Tender Fi Suffers an Exploit Attempt From a White Hat Hacker
In a recent development, a hacker was able to drain almost $1.59 million from the DeFi lending platform, Tender Fi. As a result of the...
Hong Kong Crypto Scam Losses Reach New Heights
Hong Kong has experienced a surge in cryptocurrency-related scams that doubled losses to more than $217 million in 2022, according to the latest police figures....
BCB Group to Bolster Crypto-Fiat Bridge with USD Capabilities
BCB Group, a London-based payments processor that connects crypto companies to the banking system, is ramping up its plans to add US dollar capabilities to...
White House Says it is Closely Monitoring the Silvergate Fiasco
The Biden administration at the White House has stated that it is fully aware of the ongoing situation with Silvergate, and will continue to monitor...
Yuga Labs Accumulates $16.5M After First Bitcoin NFT Auction
The auction of Bitcoin Ordinal NFTs, held by Yuga Labs, has come to an end and has generated $16M in merely 24 hours. Approximately 288...