Hard-Hitting New York Attorney Files To Join Ripple Lawsuit Against SEC
High-powered attorney Douglas Samuel Zolkind has officially filed a motion to intervene in the SEC’s lawsuit against Ripple Labs. As Ripple Labs continues in its legal battle against the SEC,…
IRS Rules Crypto Staking Rewards as Taxable Income
The IRS said taxpayers must include the fair market value of their staking rewards in their gross income as soon as they gain control of the crypto assets.
Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange
According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer…
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services,…
By The Numbers: What Percentage Of Uniswap Traders Are Bots?
Data from Glassnode has revealed what percentage of traders on Uniswap are bots, and what percentage are humans. Here are the exact numbers. The Dominance Of Each Trader Type On…
Tether Freezes $20 Million Linked To Phishing Scammer
On-chain sleuth ZachXBT was relieved but surprised by Tether’s immediate response to the scam.
Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next
Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price…
Slow Recovery for DeFi Tokens on Positive Crypto Industry Developments: Report
Decentralized finance tokens have been steadily recovering amid more positive developments for the wider crypto industry.
German Data Watchdog Investigates Worldcoin Amid Ongoing Issues
Sam Altman’s brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the project for a full year. According to Michael Will, the…
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure…