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Rock And Roll: Rollbit Coin Dominates Top 100 Crypto Ranking With 130% Gain
Rollbit (RLB) deviated from the prevailing norms typically observed in cryptocurrency initiatives, deliberately and noticeably distinguishing itself. Instead of following the conventional practice of allocating a substantial amount of their coin supply for internal use, Rollbit opted for a different approach. дальше »
2023-8-9 12:55 | |
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Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns
The Kenyan government has announced the suspension of all activities related to Worldcoin, the recently launched cryptocurrency project. Minister of Internal Security Kithure Kindiki made the announcement on August 2,... дальше »
2023-8-3 15:09 | |
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IRS Classifies Crypto Staking Rewards As Taxable Income Upon Receipt
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. дальше »
2023-8-2 02:00 | |
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Staking rewards are now taxable, says IRS
The Internal Revenue Service (IRS), the leading tax authority in the United States, recently released Revenue Ruling 2023-14, providing clarity on the taxation of income derived from crypto staking. The ruling categorizes cryptocurrency staking rewards, along with various other income… дальше »
2023-8-2 18:30 | |
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IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »
2023-8-1 08:00 | |
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Crypto Staking Rewards Classified as Taxable Income by IRS: What You Need to Know
The US Internal Revenue Service (IRS) has declared earnings from cryptocurrency staking as taxable income, increasing scrutiny on the crypto market. The post Crypto Staking Rewards Classified as Taxable Income by IRS: What You Need to Know appeared first on BeInCrypto. дальше »
2023-8-1 07:56 | |
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IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS). дальше »
2023-8-1 00:53 | |
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KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »
2023-7-25 20:30 | |
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Apple developing its own AI chatbot as an internal tool
Apple is developing artificial intelligence (AI) tool including a chatbot that is similar to ChatGPT, Bloomberg reported on July 19. Company members have reportedly been working on an internal framework for large language models called “Ajax” since 2022. дальше »
2023-7-20 02:05 | |
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Kraken Fights IRS Request, Claims Overreach and Argues Customer Protection
In 2021, Kraken had seemingly received a summons from the Internal Revenue Service (IRS), but the exchange did not conform with the order. The IRS now intends to look into the tax liabilities of customers who used the platform to transact in cryptocurrencies between 2016 and 2020. дальше »
2023-7-15 16:34 | |
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IRS investigating American crypto exodus to Puerto Rico
The U. S. Internal Revenue Service (IRS) is pursuing tax dodgers who abused Puerto Rico’s tax structures, Bloomberg reported on July 12. Puerto Rico has offered significant tax incentives to cryptocurrency traders, hedge fund managers, and other American investors since 2012. дальше »
2023-7-13 01:00 | |
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Kava 14 Speeds Up Expansion of the Cosmos Ecosystem
The Kava 14 upgrade has been released by Kava, a Layer-1 blockchain that combines the developer capability of Ethereum with the speed and interoperability of Cosmos. ‘Internal bridge’ technology is used in this version to quickly convert native Cosmos assets to and from Ethereum’s ERC20 token standard. дальше »
2023-7-13 23:45 | |
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Google Play to Allow Marketing of Tokenized Assets With Fewer Restrictions
Google Play's much-heralded policy update stands in contrast to prevailing internal rules at other online stores such as Apple's. The post Google Play to Allow Marketing of Tokenized Assets With Fewer Restrictions appeared first on BeInCrypto. дальше »
2023-7-13 23:10 | |
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Binance Feels Strain of World’s Regulators Leaping Into Action
Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked the latest in a pile-up of legal troubles facing the company. дальше »
2023-7-8 20:35 | |
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Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime
Belarus wants to ban peer-to-peer crypto transactions and introduce legislation that requires citizens to use regulated crypto exchanges, according to a July 2 statement from the country’s Ministry of Internal Affairs (MVD) VKontakte page. дальше »
2023-7-3 16:50 | |
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Kraken receives court order to turn over customer data to IRS
Crypto exchange Kraken has been asked by the Internal Revenue Service (IRS) through a federal court order to provide account and transactional information. According to the June 30 court filing, the IRS needs the information on Kraken accounts that traded… дальше »
2023-7-2 14:16 | |
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Kraken Ordered To Unveil Customer Data In IRS Crypto Tax Probe – What’s At Stake?
Kraken, the renowned digital currency exchange based in San Francisco, has been served with a court directive by a United States judge, compelling the disclosure of customer information to the Internal Revenue Service. дальше »
2023-7-2 14:01 | |
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Kraken ordered to provide IRS with user data
Kraken has been ordered to provide information about its users to the Internal Revenue Service (IRS), according to a June 30 court filing. Users who traded $20K affected The filing says that Kraken must provide the IRS with identifying information about users that traded at least $20,000 worth of cryptocurrency over a one-year period. дальше »
2023-7-1 03:02 | |
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BitMEX CEO urges crypto exchanges to abandon internal market makers
BitMEX CEO Stephan Lutz expressed his belief that crypto exchanges can operate without internal market makers, citing concerns raised by the revelation that Crypto.com has internal trading teams engaged in crypto trading activities. дальше »
2023-6-23 21:57 | |
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BitMEX’s CEO Calls For Crypto Exchanges To Ditch Internal Market Makers
As the crypto landscape evolves, BitMEX’s acting CEO Stephan Lutz suggests that a change be made in the operational model of exchanges, specifically concerning their internal market-making teams. дальше »
2023-6-22 17:00 | |
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Crypto.com says operating in-house trading team, market maker not ‘controversial’
Crypto. com has an internal trading team and operates as a market maker on its platform, highlighting a potential conflict of interest, reported the Financial Times. Market makers provide liquidity, ensuring users can buy and sell quickly at prevailing market prices. дальше »
2023-6-19 13:15 | |
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Crypto.com Internal Trading Practices Raise Conflict of Interest Concerns: FT Report
As regulatory scrutiny in the cryptocurrency industry grows stronger, concerns have been raised about potential conflicts of interest due to Crypto. com's internal trading practices. Following actions taken by the US securities authority against major exchanges, including the pause of Crypto. дальше »
2023-6-19 12:05 | |
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Prime Trust Owned Banq Files for Bankruptcy Amid Internal Struggles
Banq, a subsidiary of Prime Trust, has filed for bankruptcy in Nevada citing internal struggles and unauthorised transfers. Banq has accused former officers of stealing trade secrets to start competitive company. дальше »
2023-6-14 13:51 | |
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Meta’s Upcoming Generative AI Tools for WhatsApp, Messenger, and Instagram, Alongside Internal AI Advancements
This week, Meta unveiled its latest developments in generative AI technology for its popular consumer products like Instagram, WhatsApp, and Messenger. In an all-hands meeting, Meta CEO Mark Zuckerberg announced several AI advancements, including AI chatbots for Messenger and WhatsApp, AI stickers, and photo editing tools for Instagram Stories. дальше »
2023-6-10 16:13 | |
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Binance CEO Changpeng Zhao Tells Employees: Keep Quiet or Quit
Binance CEO Changpeng Zhao warns employees to keep quiet or quit after leaks of internal chats circulate on the internet. The post Binance CEO Changpeng Zhao Tells Employees: Keep Quiet or Quit appeared first on BeInCrypto. дальше »
2023-6-9 14:45 | |
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Binance CEO Condemns SEC’s Release Of Employee Chat Records
Binance CEO, Changpen Zhao (CZ), has allegedly released an internal letter addressing the recent disclosure of employee chat records by the Securities and Exchange Commission (SEC), according to the Chinese reporter Colin Wu. дальше »
2023-6-9 00:00 | |
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IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid
A U.S. Federal court has confirmed that the Internal Revenue Service (IRS) holds the authority to demand user data from Coinbase, a leading cryptocurrency exchange. The verdict dismissed constitutional objections... дальше »
2023-6-1 22:40 | |
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Singapore’s Temasek cut salaries for staff behind $275M FTX investment
Monday crypto news confirmed Singapore’s Temasek Holdings had concluded an internal review of its $275M investment loss at now-insolvent FTX exchange. The staff accountable for the investment took full responsibility and had their salaries cut. дальше »
2023-5-30 10:04 | |
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XRP Lawsuit: SEC May Have Just Bitten Off More Than It Can Chew As Ripple Eyes ‘Very Big Win’ in Case
Led by Chair Gary Gensler, SEC’s attempts to classify digital assets as securities have faced unexpected opposition from its past statements and internal documents, which now... дальше »2023-5-23 18:39 | |
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Apple bans ChatGPT use for employees over fears of data leaks
An internal document from the tech giant said that while it develops its own AI technology, employee usage of outside AI chatbots will be restricted. дальше »
2023-5-20 11:30 | |
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Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents
The U.S. Securities and Exchange Commission (SEC) attempt to seal records of internal documents connected to William Hinman’s speech has been denied, according to a May 16 court filing. The motion was denied by Judge Analisa Torres, who ruled that “the Hinman Speech Documents are not protected by the deliberative process privilege because they do […] The post Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents appeared first on CryptoSlate. дальше »
2023-5-17 11:00 | |
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Former Executive Backs Up Lawsuit Against FTX Celebrity Promoters
A former FTX regulatory officer, Daniel Friedberg, has come forward to back the lawsuit against FTX celebrity promoters, adding weight to the allegations leveled against the cryptocurrency exchange. Due to his knowledge of the company’s internal compliance practices, Friedberg’s decision to support the legal action is a significant blow to FTX. дальше »
2023-5-13 13:58 | |
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US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries
The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate. дальше »
2023-5-12 20:31 | |
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IRS Asserts First Dibs On FTX Bankruptcy Payout To Recover $44 Billion In Taxes
The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries. дальше »
2023-5-11 18:40 | |
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