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US lawmakers take another go at crypto tax policy with revised bill

Congressmen Steven Horsford (D-Nev.) and Max Miller (R-Ohio) reintroduced their Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields (PARITY) Act late last month, in an effort to update how the US addresses crypto and taxes. Congress will deal with taxes (in general) in the coming months, and crypto may end up being part of […]

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StarkWare cuts jobs in reorganization as Starknet revenue drops 99% from peak

StarkWare is restructuring into two business units and cutting staff as it moves from scaling Ethereum to building its own revenue-generating products — a shift forced by a more than 99% collapse in revenue on its flagship Starknet network. The changes were outlined during a company-wide town hall hosted by CEO Eli Ben-Sasson, where he

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Bank of Korea Calls for Stock-Style Circuit Breakers on BTC Exchanges

The Bank of Korea is pushing to install stock market-style circuit breakers on the country’s cryptocurrency exchanges, a proposal that would bring crypto under the same trading halt rules used by the Korea Exchange. The recommendation appears in the central bank’s annual Payment and Settlement Systems Report, published on April 13, and calls for automatic

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BTC Price Anchors Near $70,000 As RAVE’s 3,400% Rise Signals Speculative Foam: Crypto Daily

Geopolitical tensions resurfaced after the collapse of Iran-US talks in Pakistan, leading to risk aversion in traditional markets and raising oil prices. However, major cryptocurrencies remain robust, even if questionable market activity in obscure tokens like RAVE and other negative developments create bad optics at an inopportune time. Bitcoin BTC$70,803.44 is down less than 1%

BTC Price Anchors Near $70,000 As RAVE’s 3,400% Rise Signals Speculative Foam: Crypto Daily Read More »

Trump-backed World Liberty Financial mints $25 million in fresh stablecoin amid loan controversy

World Liberty Financial, the crypto venture linked to President Trump’s family, created $25 million in new stablecoins on Monday, data show, the same amount it said it had repaid to a lending platform last week, according to CoinDesk’s reporting. The company said Friday it had repaid $15 million on April 9 and another $10 million

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Bitmine’s Tom Lee calls ether ‘the wartime store of value’ as holdings hit 4.87 million ETH

Bitmine Immersion Technologies (BMNR) now holds 4.87 million ether worth $10.7 billion and is 81% of the way to its goal of owning 5% of the entire ETH supply, according to a Monday release that also featured chairman Tom Lee calling ether “the wartime store of value.” BMNR shares are lower by 2.25% pre-market along

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Crypto wallet company Exodus is suing the W3C and its CEO Garth Howat in an attempt to force $175M.

Publicly traded cryptocurrency firm Exodus Movement (EXOD) is suing W3C, the parent company of crypto card and payment specialists Baanx and Monovate, and its CEO, Garth Howat, to complete its $175 million purchase of W3C, which was agreed last November. A lawsuit in the Delaware Court of Chancery seeks to compel Howat to comply with

Crypto wallet company Exodus is suing the W3C and its CEO Garth Howat in an attempt to force $175M. Read More »

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