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Cryptocurrency Fraud Makes Headlines in Canada as Digital Asset Ownership Declines
More examples of crypto fraud may be putting Canadians off digital assets. The post Cryptocurrency Fraud Makes Headlines in Canada as Digital Asset Ownership Declines appeared first on BeInCrypto. дальше »
2023-8-26 22:55 | |
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JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know
In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion. дальше »
2023-8-26 22:34 | |
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Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »
2023-8-26 22:20 | |
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As XRP, Litecoin and Shiba Inu Dips Continue, Here Are Some New Altcoins to Watch
As Bitcoin (BTC), the leading cryptocurrency, struggles around the $26,000 threshold, established altcoins like XRP, Litecoin (LTC), and Shiba Inu SHIB are also in the red. However, the ecosystem still brings hope to crypto investors and enthusiasts, with some AI-based like InQubeta (QUBE) and Borroe (ROE) blazing the Web3 trail. дальше »
2023-8-26 21:28 | |
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Scammer steals over $50k in crypto from the DEA
The Drug Enforcement Administration (DEA) was duped out of almost $55,000 in crypto by a con artist. This bold theft used a special mix of surveillance, airdropping, and deception. The US Department of Justice’s DEA division primarily focuses on reducing the movement of illegal drugs into and out of the country. дальше »
2023-8-25 21:20 | |
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Crypto Exchanges Under IRS Radar: New Treasury Proposal Demands Detailed Transaction Reports
The US Treasury Department has recently published a proposed rule requiring cryptocurrency brokers, including exchanges and payment processors, to report user information regarding sales and exchanges of digital assets to the Internal Revenue Service (IRS). дальше »
2023-8-26 21:03 | |
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Meet SHIA – The Meme Token Taking Crypto Gaming by Storm
A brand new meme coin called $SHIA has exploded onto the crypto scene, promising to transform the gaming landscape with an exciting free-to-play ecosystem. $SHIA was created by Carlos “ocelote” Rodriguez, co-founder of legendary esports organization G2 Esports. дальше »
2023-8-25 20:49 | |
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PayPal’s Trojan Horse: Why PYUSD Poses Risks for Crypto
PayPal’s recent launch of its PYUSD stablecoin has alarmed many in the cryptocurrency community. At first glance, PYUSD may seem like PayPal embracing decentralized finance. But further analysis reveals PYUSD’s design systematically enriches PayPal at the expense of users and the crypto ethos. дальше »
2023-8-25 19:56 | |
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Instant Crypto Purchases via Credit/Debit Card are Made Possible by Connectee
A Card to Crypto acquiring has been made available by cryptocurrency exchange and wallet provider Connectee, enabling users to rapidly top up their cryptocurrency accounts using a Visa or Mastercard. дальше »
2023-8-25 19:48 | |
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UK may ban crypto investment cold calls
The UK government has proposed banning unsolicited cold calls for all consumer financial products and services, including cryptocurrencies. HM Treasury released a consultation document this week. The ban aims to protect consumers from investment fraud, which has surged as criminals… дальше »
2023-8-25 19:36 | |
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US Government Releases New Proposals for Crypto Taxes
New proposed rules require crypto exchanges and brokers to report digital asset transactions and cost basis to the IRS starting in 2026. The post US Government Releases New Proposals for Crypto Taxes appeared first on BeInCrypto. дальше »
2023-8-26 19:36 | |
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Shiba Memu’s AI Evolution vs. Pikamoon’s Pikaverse Expansion: Price Breakouts Ahead?
2023 has seen a plethora of new crypto projects break out, perfect for those seeking to benefit from exciting new technological developments. Two names have particularly hit the public consciousness: Pikamoon, currently undergoing an expansion and a new meme coin that’s harnessing the power of AI, Shiba Memu. дальше »
2023-8-25 19:18 | |
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Vessel Capital to create $55 million crypto fund
Vessel Capital, a venture capital firm, has announced the creation of its $55 million crypto fund. The firm will use its new fund to invest in different crypto projects and web3 infrastructure, according to TechCrunch. The main aim of the… дальше »
2023-8-25 19:08 | |
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Shiba Inu Whale Buys 708 Billion SHIB, Sparks Speculation Of Price Recovery
The Shiba Inu community is buzzing with excitement after reports revealed that an anonymous whale had purchased a massive stash of SHIB tokens from the Gemini exchange in a single transaction. Mysterious Whale Makes Massive SHIB Purchase A crypto whale has shocked the SHIB community and crypto space after purchasing 708. дальше »
2023-8-25 19:00 | |
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Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers
The U. S. Treasury Department has proposed updated tax rules aiming to streamline the crypto tax landscape, as reported by the Wall Street Journal. The proposed rules, when fully implemented, will obligate crypto businesses to interact with the IRS in a similar fashion to traditional brokers handling stock and mutual fund portfolios. дальше »
2023-8-25 18:55 | |
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Bitcoin, stocks slip after Powell’s Jackson Hole speech
Bitcoin slipped back below $26k as the crypto market mirrored stocks in reaction to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium. The S&P 500 and Nasdaq saw slight losses on Powell’s remarks that the Fed was “prepared” to hike interest rates further in its bid to bring inflation to 2%. дальше »
2023-8-25 18:50 | |
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ARK Invest and 21Shares join forces for crypto ETFs
ARK Invest and 21Shares have jointly applied for two futures exchange-traded fund (ETF) products involving ether (ETH) and bitcoin (BTC). The applications lodged with the Securities and Exchange Commission (SEC) by Empowered Funds, the investment advisor for the products, on… дальше »
2023-8-25 18:44 | |
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SHIB Team Member Reveals Update on Shibarium, BTC Should Hit $148,000 After Halving Per Bold Prediction, ETH Shows Pattern That Might Lead to Rally: Crypto News Digest by U.Today
Afraid of missing out on the crypto world's latest events? Read U.Today's news digest to stay tuned! дальше »
2023-8-25 18:37 | |
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Dropbox cancels unlimited storage due to crypto mining concerns
Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… дальше »
2023-8-25 18:33 | |
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Sweeping U.S. Tax Proposal Met With Boos From Crypto World
An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as it enters a months-long period of public comments and hearings. дальше »
2023-8-26 18:23 | |
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Coinbase And PayPal Collaborate: PYUSD Stablecoin Set For Listing
In a groundbreaking move that signals a convergence of traditional finance and the burgeoning crypto economy, Coinbase announced its intention to list PayPal’s stablecoin, PYUSD. This comes on the heels of Kraken’s recent addition of PYUSD trading options, marking a significant stride in the stablecoin’s mainstream adoption. дальше »
2023-8-26 18:00 | |
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FTX Seeks Out Safe Haven For Remaining Crypto Assets With Galaxy Digital
Several events in FTX’s bankruptcy proceedings continue to unravel as the crypto exchange seeks to settle its creditors and possibly restart. The latest of these is that the company has moved to protect its remaining assets with the help of Galaxy Digital. дальше »
2023-8-26 17:00 | |
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This Week in Crypto: Mining Miracles, Former Exec Spills on SBF, and Skeptic Says ETFs Unlikely
An ex-SEC official predicts no approval for spot Bitcoin ETFs due to lack of transparency. Meanwhile, a miner earned 6. 25 Bitcoin despite rising hashrates, and Crypto. com faces a negligence lawsuit over a token listing. дальше »
2023-8-26 17:00 | |
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MasterCard Axes Partnership With Binance Amid Regulatory Pressures
The crypto space is in pandemonium after MasterCard, a global payment service giant, announced the imminent termination of its services and alliance with the Binance crypto exchange. Mastercard To Sever All Ties To Binance Binance, the world’s largest cryptocurrency exchange by trading volume, is facing new challenges that could impact its reputation and growth rate. дальше »
2023-8-25 16:55 | |
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Pomerdoge (POMD) Improves Crypto Market Landscape: Are BNB and AVAX Losing Their Hold?
Pomerdoge has just unlocked a new corridor of growth that will cause the next market bull run. Its presale is selling out at a historical pace. Hence, the project has secured over $1 million during the first few weeks of its presale launch. дальше »
2023-8-26 16:12 | |
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CoinEx initiates global broker program to empower crypto segments and enhance User Experience
Global crypto trading exchange CoinEx recently announced its Global Broker Program, offering broker services starting from August 24, 2023. This new feature marks another milestone in CoinEx’s serviThe post CoinEx initiates global broker program to empower crypto segments and enhance User Experience appeared first on AMBCrypto. дальше »
2023-8-25 16:00 | |
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Kroll Data Breach Impacts FTX, Claimant Information Compromised
Kroll, the claims agent working on the bankruptcy case for FTX, a once-prominent crypto exchange, has fallen victim to a cybersecurity breach. The breach, reported on Friday, has led to the compromise of non-sensitive customer data belonging to specific claimants. дальше »
2023-8-26 16:00 | |
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U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need to gather their users' personal data. дальше »
2023-8-26 15:45 | |
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First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s Speech
The latest price moves in bitcoin (BTC) and crypto markets in context for August 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2023-8-25 15:01 | |
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Here’s What Cardano’s Charles Hoskinson Believes Is Driving The SEC’s Crypto Crackdown
The US Securities and Exchange Commission (SEC) has been known for its continued crackdown on the crypto industry over the last few years. This has prompted the likes of Cardano Founder, Charles Hoskinson, to give his opinion on the reason for the SEC’s actions. дальше »
2023-8-26 15:00 | |
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Stablecoin volume outpaces Mastercard, PayPal as digital payments wars loom
Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Intelligence note on Aug. 25. According to Bloomberg Intelligence crypto market analyst Jamie Coutts, stablecoins on several Layer-1 networks transacted $6. дальше »
2023-8-25 14:55 | |
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3 New Crypto Presales Poised To Bring 100x ROI To Their Investors
With a market cap that exceeds $1. 2 trillion, the cryptocurrency sector is among the high-performance asset categories across the world. With a decentralized mechanism, cost-effective trading, and a hassle-free user experience, cryptocurrencies are winning hearts all over. дальше »
2023-8-25 14:30 | |
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FTX reports security breach involving bankruptcy agent Kroll
FTX has announced a cybersecurity breach involving its bankruptcy case claims agent, Kroll, exposing limited, non-sensitive customer data of specific claimants. On Aug. 25, the struggling crypto exchange used the X platform to notify customers, creditors, and the public about… дальше »
2023-8-25 14:27 | |
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PayPal partners with Australian crypto exchange amid banking restrictions
Australian crypto exchange Independent Reserve forms a strategic alliance with PayPal, offering users enhanced funding options amidst increasing local bank restrictions. The Australian cryptocurrency exchange Independent Reserve has closed a partnership with PayPal. дальше »
2023-8-25 14:20 | |
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Shibarium Goes Viral: When Will BONE and Shiba Inu Finally Pump?
Shibarium, the blockchain platform that has been making waves in the crypto community, is experiencing a surge in adoption and functionality. With an average block time of just 5. 1 seconds, the platform is designed for speed and efficiency. дальше »
2023-8-25 14:15 | |
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Komodo (KMD) up 50%: why is Komodo price rising?
Komodo (KMD) token has surprised many after unleashing a 50% price surge that pushed its price to a daily high of $0.3349. The native token of Komodo Platform, the open-source blockchain technology provider and home of Komodo Wallet (a non-custodial crypto wallet), cross-chain DEX, and bridge rolled into one app is today’s top gainer among […] The post Komodo (KMD) up 50%: why is Komodo price rising? appeared first on Invezz. дальше »
2023-8-25 14:01 | |
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Hedera and Borroe Finance Thrive As BNB Posts Sharp Losses
Hedera is blasting higher as BNB grapples with recent losses. Amidst the volatility the crypto AI token Borroe ($ROE) is emerging as a winner. As we examine the top crypto coins and search for the best crypto investment with long-term potential, Borroe shines with its unique features and attractive presale campaign. дальше »
2023-8-25 14:00 | |
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Magnet Finance rug pulls $6.4m on Base L2
Coinbase’s Base L2 network faces a new setback as Magnate Finance orchestrates a $6.5 million exit scam using price oracle manipulation. On Aug. 25, ZachXBT, an on-chain analyst and crypto expert, sent out a community alert through X (previously known… дальше »
2023-8-25 13:41 | |
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US DEA loses over $50k USDT to scammer in botched transaction: Forbes
The U. S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether’s USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U. дальше »
2023-8-25 13:30 | |
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Prime Trust’s parent company reports $8m loss due to TerraUSD investments
Prime Core Technologies, the parent entity of crypto custodian Prime Trust, reports an $8 million shortfall from TerraUSD investments. The loss was disclosed in an Aug. 24 filing with the Bankruptcy Court for the District of Delaware in the United States. The… дальше »
2023-8-25 13:15 | |
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