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Crypto isn’t all that different from politics. According to Rushi Manche, the founder of blockchain company Movement, “Crypto is an attention game.” It’s fitting, then, that Donald Trump — the master of all things attention — is so at home selling memecoins.
Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes, blockchain analytics firm Chainalysis said. Fraudsters’ revenue from such schemes, in which they build up victims’ trust before convincing
Which market offers the most favorable environment for virtual assets? This distinction remains highly contested, with various financial centers competing to become leading hubs for digital assets, aiming to attract innovation, investment and jobs. In Asia, two of the most prominent players
In today’s issue, we get ready for tax time as Anthony Tuths from KPMG provides an overview of crypto tax preparation and the rules to follow. Then, Layne Nadeau from NVAL answers questions about taxes and NFTs in Ask and Expert. –
Plasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its development, the company said on Thursday. The fundraising round was led by Framework Ventures and will support Plasma’s testnet and mainnet launches, as well
South Korea’s Financial Services Commission (SFC) plans on lifting a ban that prevented institutions trading crypto in response to the upsurge in global participation in the market, it said on Thursday. Non-profit organizations like charities, university and school corporations, law enforcement agencies
USDT issuer Tether could face challenges if proposed U.S. stablecoin regulation is passed, and the company may have to sell some of its reserves to comply with the new rules, Wall Street bank JPMorgan (JPM) said in a research report Wednesday. The
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin Berlín, here. Bitcoin City sounds like a modern El Dorado — a dreamlike enclave in the jungle, a 21st century utopia.
Popular non-fungible token (NFT) marketplace OpenSea said Thursday that it is expanding its platform to crypto trading and confirmed it is planning to distribute SEA tokens to users. The trading platform called OS2 has launched today, and aggregates marketplaces, allows cross-chain purchasing
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3191.13, down 1.0% (-32.82) since 4 p.m. ET on Wednesday. Three of 20 assets are trading