Cryptocurrency news - Crypto News
What happened in crypto this weekend?
U.S. presidential candidate Vivek Ramaswamy is bringing Bitcoin into the upcoming Republican debate, Kyber Network recovers $4.67 million and the GBTC discount is at its lowest in more than two years. Bitcoin to become talking point in U.S. Republican debate Vivek Ramaswamy, a...
Bitcoin nears pre-halving ‘target zone’ toward $50K BTC price
BTC price action has yet to match one Bitcoin trader’s long-term target, but “patience is key,” he says nearly one year later. Bitcoin BTC $37,211 is nearing a key Fibonacci retracement level, which could mark the top of its “pre-halving rally.” That is according to popular so...
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken. Cryptocurrency rug pulls are not too difficult to spot by investors, as the majority of such scams usually share distinct and visible features, according to a new...
Crypto exchange Binance restores euro services after new fiat partners
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe. Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat p...
Securities regulators oppose special treatment of crypto in Coinbase case
A body representing North America’s state securities regulators took aim at arguments made by crypto exchange Coinbase in its defense against the SEC. Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,”...
Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
One suspect was arrested while trying to destroy potential evidence with paper shredders and bleach in the bathtub of an apartment. Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud case and highlighted that they are cu...
US lawmakers advance legislation blocking the digital dollar
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital c...
Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multisignature wallets, and a “security council” will be formed as the ecosystem grows. Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase,...
Crypto staking rewards are taxable once received: IRS
The United States tax collector will require taxpayers to count staking rewards as gross income at the time they gain “dominion" over the tokens. United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new rul...
UK crime agency scouts for seasoned crypto investigators
The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator. The National Crime Agency (NCA) of the United Kingdom is hiring two blockchain investigators for its newly-formed digital a...