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Korean Government Confiscates $47 Million in Crypto From Tax Evaders

Korean Government Confiscates  Million in Crypto From Tax EvadersSouth Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders in Greater Seoul Area More than 53 billion Korean won ($47 million) in crypto […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto TradingDanske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities

‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian CitiesAn advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance Ads Appear on Trains and Trolleys in Ukraine Cryptocurrency exchange Binance […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses $100 Billion

Crypto Markets Lose Billions, Weak Hands Capitulate, Stablecoin Market Surpasses 0 BillionDigital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (EST) yesterday evening but after that point, sellers started capitulating and the price dropped under $34k. […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTXCrypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair Bolsonaro’s second term as head of state is far from certain. FTX Launches […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address ReorganizationsThe price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

South Korea to Crack Down on Phishing Websites Attacking Crypto Users

South Korea to Crack Down on Phishing Websites Attacking Crypto UsersSouth Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul Strengthens Monitoring of Crypto Phishing Scams Rising market prices have […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

South Korean Police Officers Banned From Buying Cryptocurrency

South Korean Police Officers Banned From Buying CryptocurrencyA recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea to Penalize National Police Agency Officers Who Fail to Disclose Crypto Holdings Officers with […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’

‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.” Plan B believes this price drop […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule

Ethereum Sets a New All-Time High Above the $2K Handle, Bitcoin Cash Markets Jump 8%

Ethereum Sets a New All-Time High Above the K Handle, Bitcoin Cash Markets Jump 8%The price of ethereum tapped a new all-time high (ATH) on Friday afternoon reaching an ATH of around $2,072 around 12 p.m. (EST). Today, ethereum’s market capitalization captures 12.3% of the crypto economy’s overall $1.9 trillion market valuation. Meanwhile, as ether prices jumped over 6%, the crypto asset bitcoin cash has spiked over 8% nearing […]

Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule