Solana-hacked crypto could be claimed as a tax loss: Experts
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss,…
Day: 5 August 2022
Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report
The Messari report noted that more than $30 billion was raised from 1199 funding rounds…
Voyager to return $270M in customer funds, says it received ‘better’ offers than FTX
The crypto lender will be allowed to return a portion of customer funds locked up…
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
The mining firm reported it “completely powered-down its Texas data center operations on several occasions”…
Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions
The top 100 DeFi tokens had a mixed price action over the past week, with…
Voyager plans to resume cash withdrawals on Aug. 11
The lending firm said clients with U.S. dollars in their accounts could withdraw up to…
Coinbase hit with 2 fresh lawsuits amid SEC probe
In both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company’s business,…
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and…
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute…
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
The 2022 bear market has been brutal as more than $2 trillion in value has…
Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway
PRESS RELEASE. In what many would agree is a groundbreaking achievement, StarHeroes recently obtained a…
Crypto Biz: Gucci ‘apes’ into crypto
The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay….
2 metrics signal the $1.1T crypto market cap resistance will hold
Despite a handful of the top-80 coins gaining 12% or more over the past week,…
Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX “actively assisted around 16 accused fintech…
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating…
