Saturday, April 27, 2024
The Treasury implements AI to improve the supervision of cryptocurrency transactions. The draft Form 1099-DA represents an important step in the implementation of crypto taxation. A House of Representatives committee is investigating the IRS's use of...
The purported notice “warned” deposit money banks (DMBs), non-banking financial institutions (NBFIs), other financial institutions (OFIs), and the public about the risks associated with crypto transactions. Recent reports reported on an alleged notice...
PayPal promotes green Bitcoin mining by promoting the use of renewable energy sources through additional rewards for miners. The initiative aims to reduce the environmental impact of Bitcoin mining, which currently produces 85 million metric tons...
BlackRock advisor Paul Taylor joins PairedWorld Board following $1.5 million funding. PairedWorld, which improves social interactions through blockchain, nominated for an award. BlackRock's strategic pivot includes tokenization and expansion into new markets. BlackRock...
The Metaverse is a virtual world in constant change that constitutes an exceptional opportunity. This technological universe has transformed the way we interact, unlocking endless exciting possibilities. The National Aeronautics and Space Administration...
This change makes it one of the most profitable options among the recently approved Bitcoin spot ETFs. Grayscale Investments announced its upcoming Grayscale Bitcoin Mini Trust (BTC) exchange-traded fund (ETF), which will have...
Bitcoin's decentralized spirit is threatened by the increasing centralization of mining operations. Major financial institutions are involved in BTC mining, further centralizing decision-making. This change may align it more with traditional financial systems.
Runes has dramatically increased transaction fees and miners' income. Daily commissions reached a historic figure of $80 million, with an average commission of $128. Wall Street underestimated the impact of the Runes, hurting mining stocks.
Prominent cryptocurrency trader Captain Faibik revealed bold predictions on Bitcoin's trajectory, suggesting that the correction phase is complete and a bullish surge towards the coveted $100,000 mark is on the horizon. Bitcoin price...
According to the IMF, the rapid expansion of Bitcoin and other cryptocurrencies has dramatically transformed the global finance landscape, presenting opportunities and challenges for understanding and managing cross-border financial flows. The International Monetary...