Ripple CEO answers 5 key questions about the SEC lawsuit
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Go to Source Powered by WPeMatico
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IRS tax form question leaves US crypto users confused and concerned
This year’s Form 1040 requires all U.S. taxpayers to answer a question about whether they traded or acquired “virtual currency” during the year. Go to Source Powered by WPeMatico
Venezuela ramps up Bitcoin payments for imports from Iran and Turkey
Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions. Go to Source Powered by WPeMatico
The SEC collected $1.26 billion from unregistered ICOs in 2020
In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms. Go to Source Powered by WPeMatico
Visa’s foray into fintech provokes DoJ antitrust investigation
U.S. authorities want information from Bain & Co about Visa’s Plaid acquisition. Go to Source Powered by WPeMatico
Why the BitMEX charges could be bad news for DeFi
Charges against BitMEX for weak AML and KYC policies could be bad news for the world of decentralized finance Go to Source Powered by WPeMatico
FinCEN director warns banks about cryptocurrency risk exposure
FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs. Go to Source Powered by WPeMatico
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry Digital LLC. Microbt’s Whatsminer mining rigs have become popular during the last … Read more
The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning
The United States IRS agency has announced a bounty of up to $625k to anyone who can crack Monero’s privacy. Go to Source Powered by WPeMatico
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang IPO prospectus was also updated on June 17, raising the … Read more
