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Blockchain
Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that…
Celsius Network approved to convert altcoins into BTC or ETH
The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into…
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant…
FedNow “early adopter” list contains no blockchains, but some may integrate later
The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been…
$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report
According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks and rug pulls amounted to $656 million during…
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto…
South Korean crypto lending firm Delio under investigation by regulators
According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under investigation by the country's Financial…
Universities use blockchain-based storage to protect and democratize data
Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern…
Bitcoin dominance surging amid changing market dynamics and regulatory crackdown
Key Takeaways
Bitcoin dominance measures the…
SEC to present response to Coinbase’s legal defense on July 13
The United States Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense on July 13, according to a court order…