Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS),...
Blockchain News
Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to...
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact...
Sony Network invests in Japanese Web3 startup to spur mass adoption
Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in...
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director...
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money...
Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next...
Shiba Inu burn Twitter account experiences suspension
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended....
Casa launches multisignature Ethereum self-custody vault
Cryptocurrency self-custody platform Casa has rolled out support for Ether (ETH) storage, touting its support for multisignature Bitcoin (BTC) and...
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token...
Czech automobile conglomerate Škoda Auto launches NFT platform
On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token...
AI has a ‘symbiotic relationship’ with blockchain: CEO, Animoca Brands
Artificial intelligence (AI) has become a hot topic in public discord both in and outside of the emerging tech industry,...
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
Blockchain investigator ZachXBT has received over $1 million in donations from the crypto community in just over 24 hours to...
SEC and Binance.US strike a temporary agreement on asset access
Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit...
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
The lawyers representing the United States Securities and Exchange Commission (SEC) have contended that the additional documents submitted by Dentons,...
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
Tether-issued USDT (USDT) stablecoin slightly deviated from its dollar peg value on June 15 due to an imbalance in the Curve...
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Cryptocurrency payments service provider Ripple continues to see global adoption of its payment services despite a long-winded legal battle with...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of...
Reddit crypto community goes offline: Here’s why
Numerous sub-communities on Reddit, including popular crypto subreddits, unanimously decided to go private for 48 hours to protest against new...
Scammers steal nearly $1M after hijacking 8+ prominent Crypto Twitter accounts
Over the past few weeks, scammers have hijacked over eight Twitter accounts of prominent figures in the crypto space to...
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act,...
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study...
