Quick Look
BUIDLing Among the Chaos: What Devs Discussed at ETHDenver
High school students, Web 2 converts and crypto founders spent a week building the future of finance in a jam-packed venue. What comes...
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority...
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet. Source
FTX Hires Beauty Entrepreneur Lauren Remington Platt to Target Luxury Partnerships
The crypto exchange said it hopes Platt’s appointment will help it capitalize on the over $300 billion luxury goods market. Source
Warner Music Group Adding Play-to-Earn Games With Splinterlands Partnership
The music giant is adding blockchain-based gaming to its repertoire in an effort to expand revenue streams for its roster of musicians....
Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M
Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia’s Ukraine invasion and its aftermath still top on...
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy...
Valkyrie Investments Offers Treasury Management Service to Blockchain Projects
Digital asset manager Valkyrie Investments is now offering a protocol treasury management service to blockchain projects. Source
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion....
Ren Labs Raises $7.5M for ‘Catalog’ Cross-Chain Exchange
The popular blockchain bridge is looking to expand its services in 2022. Source
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest financial institutions, has decided to suspend its high-speed blockchain...
StarkWare Launches Layer 2 Product StarkNet on Ethereum
StarkNet uses rollups to squash Ethereum’s crushing gas fees Source
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than...
Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year
The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called the...
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep...
3 notable crypto personalities commenting on war
At 4am local time this morning, Russian president Vladimir Putin announced a military operation against Ukraine, live on national TV. He...
The ‘Polish Elon Musk’ and a 3D portal to the Metaverse
Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical...
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. Source
Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec
As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts...
How Web 3 Could Change Tax Collection
A third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next?...
Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved
A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. Source
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA. Source
1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users
The collaboration between 1Password and Phantom is intended to make crypto security human-centric by simplifying login management and...
Nexo partners BlockFills to bring Prime Brokerage services to crypto miners
The collaboration allows for a syndicated lending solution, which will help Nexo reach a growing user base of crypto miners utilizing...
Morgan Stanley Says Bitcoin Cannot Escape Energy Requirements
Increased investor interest means that sustainability has become an important consideration for crypto, the bank said. Source
China's Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
Authorities are still working to eliminate the industry, months after it was banned. Source
Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility
Analysts are divided on the outlook for America’s largest cryptocurrency exchange. Source
First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s...
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government. Source
Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi
Web 3 browser Opera has integrated with decentralized finance (DeFi) trading platform DeversiFi to bring a Layer 2 Ethereum to its users....
Cosmos Builder Tendermint Rebrands to ‘Ignite’ as Team Shifts Focus
Ignite says it’s now a “product-first” company focused on the development of its Cosmos portfolio manager and blockchain development...
Fast Break Labs Raises $$6M in Seed Funding Round
Web 3 fantasy sports game from Fast Break Labs also saw investment from League of Legends developer Riot Games’ Thomas Vu. Source
Instant Exchange Marketplace Swapzone Introduces Exchange API for US Residents
PRESS RELEASE. Swapzone.io, a successful crypto-to-crypto exchange aggregator has just announced a new feature named “fixed-rate...
Tackling Ethereum Problems at ETHDenver
Developers gathered in Denver to discuss all things Ethereum: staking, DAOs and decentralized finance (DeFi). Source
Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious
Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide. Source
‘Web3Memes’ Rugs $235K From Investors Five Hours After Issuance: PeckShield
Developers behind the memecoin moved 625 binance coins in rugged funds via privacy tool Tornado Cash this morning. Source
Aventus Taps Scytale Ventures to Boost Polkadot Parachain Plans
Aventus wants to bring business-friendly blockchain applications to the Polkadot network. Source
India's Crypto Advertising Guidelines Are Out
India's advertising watchdog had been framing guidelines for virtual digital assets. Source
Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes
Lord Fusitu’a, a former member of the Tongan Parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan...
NYSE Parent ICE Takes Stake in tZERO in Potential Move Toward Tokenized Stocks
NYSE Parent ICE Takes Stake in tZERO in Potential Move Toward Tokenized Stocks Source
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and Korea, among other countries, are likely to reduce the market for GameFi in the Asia Pacific Rim...
UK law firm accepts Bitcoin, Ethereum, Cardano and other crypto
British law firm Gunnercooke accepts payments in most major cryptocurrencies for their services. Those in need of legal help can now get...
‘WGMI’: JPMorgan’s Blockchain Chief Leaves for Unspecified New Opportunity
Christine Moy's post was short on details but a "we're gonna make it" sign-off hinted at future crypto plans. Source
Market highlights February 24: Five of the top 10 cryptos dropped by double digits
Crypto assets were trending downward on Wednesday night, but when Russia began attacking Ukraine on Thursday morning, they took a dive...
Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine ‘military operation’
Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp)....
FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war on Ukraine early...
Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’
Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts. In...
Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable...
Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could risk losing their savings. Russians’...
Games will adopt blockchain in 2022 through esports and P2E models: Report
In the past, earning money through games was only possible by uploading gaming videos online, streaming game content and playing...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a...
Bitcoin Ticks Up as Biden Announces New Russia Sanctions
Bitcoin Ticks Up as Biden Announces New Russia Sanctions Source
OVR Co-Founder Diego Di Tommaso Talks AR, Map2earn, Polygon Migration, Cross Metaverse Assets and Fashion
OVR is a World Scale, open-source, AR platform powered by Ethereum. OVR makes it possible for users provided with a mobile device or smart...
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin. Source
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3...
ACCEL is up 18% in 24 hours: here’s where to buy ACCEL today
The live ACCEL price today is $0.05 with a 24-hour trading volume of just over a million. It’s rallying on news of a Binance listing...
Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish
Bitcoin (BTC) and other cryptocurrencies remain weighed down by geopolitical tensions. The bitcoin Fear & Greed Index entered "extreme...
So What If Part of Bitcoin's Code Was State-Funded?
Adam Tooze asked if bitcoin politics is self-deluded. Cypherpunks are just resourceful. Source
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the...
Brazilian Senate Committee Approves Bill Regulating Crypto Transactions
The project, introduced by senator Flávio Arns, has to be voted on by the Senate plenary and then if approved, by the Brazilian Chamber of...
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall...
'Frozen' Bitcoin Tied to Canadian Protests Lands at Coinbase, Crypto.Com
The situation shows the limitations of a government’s ability to thwart transactions on decentralized systems – but also the limitations...
Few calls to ‘Buy The Dip’… but uber-rich Family Offices are keen on crypto
Short term social media data suggests that traders aren’t calling for buying the Bitcoin (BTC) dip right now… but the long...
Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine
Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would...
Bitcoin Downtrend Persists; Support at $30K
Bitcoin (BTC) remains in sell-off mode, evidenced by a loss of upside momentum. The cryptocurrency is 45% off its all-time high near $69K,...
Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the...
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very...
Brazilian Crypto Exchange Foxbit Raises $21M in Series A Funding
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said. Source
Bitfury Launches 28MW Canadian Mining Facility
Located in Sarnia, Ontario, the project can be expanded to as much as 200MW. Source
Top-rated cryptocurrencies to consider for daily active traders
Day trading crypto is very easy these days. The crypto market is after all filled with lots of derivatives. It is estimated that the daily...
A Former Bored Ape Owner Is Suing OpenSea for $1M, but His Lawsuit Is Riddled With Errors
Timothy McKimmy says his Bored Ape was sold out from under him for just 0.01 ETH. Source
Investing $100 in crypto: The best tokens to consider
The crypto industry has made people rich literally overnight. It’s the only market that can deliver 100x growth in just a few months...
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency....
Tether Slashes Commercial Paper Holdings by 21%
The largest stablecoin issuer by total supply released its latest attestation report on Tuesday. Source
The Best borrowing and lending crypto protocols to consider as an investment
DeFi is no doubt the next big thing, and the blockchain industry is offering the infrastructure needed for that. Lending and borrowing are...
Time Studios talks legacy media and the rise of NFTs
Cointelegraph spoke to Keith A. Grossman, President at TIME, about the legacy media company’s recent moves into the Web3 space. According...
Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline....
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of...
Crypto Lender Celsius Appoints CFO Following Predecessor's Arrest
Cryptocurrency lending platform Celsius has appointed former RBC, Bank of America and Citigroup executive Rod Bolger as its chief...
5 Things to Remember When Paying Your NFT Taxes
The CEO and co-founder of Reconcile breaks down what to remember when paying your NFT taxes. Source
How to Avoid Getting Rekt by Crypto Taxes
If not careful, investors can end up owing more tax than expected and having to unload crypto to pay the bill. Source
De-Mixing Wasabi Coinjoin Transactions: A Deep Dive Into Chainalysis’ Deanonymizing Claims
On Tuesday, journalist Laura Shin published a story that claims to identify the 2016 Genesis DAO hacker who siphoned 3.6 million ethereum...
Huobi Plans Return to US Months After Shuttering China Business
The company is likely to focus more on asset management than an exchange business. Source
The 7 Types of Crypto Tax Nightmares
Meet the yoga instructors, limo drivers and real estate sellers who've been to hell and back. Source
The Automatic Tax Man Cometh
Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. Source
Bitcoin rally stalls at $39.2K but BTC price metric suggests local bottom could be here
Bitcoin (BTC) checked its latest advance on Feb. 23’s Wall Street open as Russia repercussions continued to play out. BTC/USD 1-hour...
Taxes Are a Wild Card for Public Companies Holding Crypto
Investors in MicroStrategy, Tesla, Block and Coinbase need to consider how wild price swings will affect results, not only directly but...
Cointelegraph’s Brazilian version unveils top 10 people in crypto and blockchain
In 2021, the Brazilian cryptocurrency market gained more investors, reached the Brazilian stock exchange and “punctured the bubble” of the...
First Mover Americas: Declining 'Buy the Dip' Mentions Signal Fading 'Hopium' in Bitcoin Market
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source