Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
Ad The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. Budget proposal suggests…
Fed Chair Powell Provides Update on US Central Bank Digital Currency – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that…
2023 Will Be The Year of Crypto Market Recovery, Regulation Consensus, And M&As
We have seen the devastating events of 2022 leave their mark on the flow of time sweeping across the cryptocurrency market. Many predicted that the market failures witnessed throughout last…
Hedera halts wallet and app access due to possible exploit
Ad Hedera is turning off access to most services, as announced in a tweet on March 9. Hedera is blocking wallet, app access Hedera said that it will turn off…
Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme
The United States Attorney for the Southern District of New York announced that a total of six executives of the cryptocurrency Ponzi scheme AirBit Club have pleaded guilty for their…
Solana Killer Aptos Launches NFT Bridge on Wormhole, Here’s Its Significance
Godfrey Benjamin Aptos wants to foster swift NFT movement with new bridge on wormhole Aptos (APT), a Layer 1 blockchain protocol dubbed a Solana killer, is expanding its overall capabilities with…
Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn
Ad Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. (Source: Twitter @tier10k) At 3:45 pm, HT was…
Bitcoin Market Cap May Travel Through A Golden Trail With These 3 Projects
Amidst the turmoil the crypto industry has been involved in over the past month, the global market capitalization has dropped from the psychological level of $1 trillion; Bitcoin has followed…
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain – Finance Bitcoin News
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger…
NYAG Alleges Ethereum is a Security in Lawsuit Against KuCoin
New York Attorney General Letitia James has sued cryptocurrency exchange KuCoin for selling both commodities and securities on its platform without necessary registration. One of the “securities” it alleges KuCoin…
XRP Is Most Profitable Coin of Week So Far, But Will It Hold at Top?
Gamza Khanzadaev XRP takes over top 100 cryptocurrencies this week as most profitable coin Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes…
New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades
Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in…