Russian Authority Detained for Accepting a Monumental Bribe in Bitcoin

In a startling incident in Russia, a state authority figure was recently apprehended for accepting a staggering bribe amounting to $28 million in Bitcoin. This occurrence marks one of the most substantial bribery cases involving cryptocurrencies and puts into question…

Coinbase’s Strategic Move: Introduction of Bitcoin and Ethereum Futures Contracts for Institutional Investors

In a strategic move to cater to the needs of institutional investors, Coinbase Derivatives Exchange has announced its plans to roll out Bitcoin (BTC) and Ether (ETH) futures contracts. This announcement comes amidst the ongoing regulatory challenges faced by the…

US Court Grants IRS Legal Authority to Access Coinbase Users’ Trading Data: A Detailed Examination of the Implications for Crypto Traders and Privacy

In a landmark ruling, a US federal court has granted the Internal Revenue Service (IRS) the legal authority to access trading data of users on Coinbase, a leading cryptocurrency exchange. The court stated that trading records on Coinbase are similar…

Solana’s Vision to Become the ‘Apple of Crypto’ -Co-founder Raj Gokal on the Blockchain’s Future

In the dynamic world of cryptocurrencies, some companies are gaining mainstream recognition through strategic partnerships and alliances with established brands. However, others, like Solana, a layer-1 blockchain launched in 2020, are marching to their own beat, focusing on their unique…

US Debt Ceiling Agreement Blocks Proposed 30% Tax on Bitcoin Mining

In a significant development for the cryptocurrency industry, the recent agreement on the US debt ceiling between President Joe Biden and House Speaker Kevin McCarthy appears to have blocked some proposed taxes, including the Digital Asset Mining Energy (DAME) excise…