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Page 1252
Category:
Crypto News
Crypto News
August 1, 2023
BY
Ubik Capital
FTX Reboot Pitches New Offshore Exchange for ‘Dotcom’ Users
The FTX reboot is rolling out a new offshore entity, offering claimants the opportunity to hold equity securities, tokens, or other interests.
Crypto News
August 1, 2023
BY
Ubik Capital
IRS Says Staking Rewards Is Taxable Income in Latest Revenue Ruling
Crypto investors who earn staking rewards are now required to report these earnings as part of their gross income for tax purposes.
Crypto News
August 1, 2023
BY
Ubik Capital
Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens.
Crypto News
August 1, 2023
BY
Ubik Capital
Nigeria’s SEC warns against trading on Binance
The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.
Crypto News
August 1, 2023
BY
Ubik Capital
Industry Still Isn’t ‘Close’ to Solving the Blockchain Trilemma: Offchain Labs Chief Strategy Officer
Solving the famed trilemma “would be a huge breakthrough,” but it would also need to inspire developers, said the Offchain Labs’ exec.
Crypto News
August 1, 2023
BY
Ubik Capital
US defense bill may be ‘problematic’ for USDC and stablecoins: Analysts
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer.
Crypto News
August 1, 2023
BY
Ubik Capital
Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy
Crypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a new memecoin on Base called BALD.
Crypto News
August 1, 2023
BY
Ubik Capital
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain “dominion” over the tokens.
Crypto News
August 1, 2023
BY
Ubik Capital
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.
Crypto News
August 1, 2023
BY
Ubik Capital
‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity.
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