CoinTracker, a cryptocurrency tax compliance software provider, has teamed up with H&R Block to help crypto investors easily and accurately file their tax returns. The partnership aims to simplify the process for individuals who have invested in cryptocurrencies by automatically…
Sony Music Flies for Trademark Application for NFT while LimeWire and Universal Music Group(UMG) Partner for NFT Licensing Platform – Revolutionizing the Music Industry
Sony Music and Universal Music Group plans to enters big time into NFT’s Revolutionizing the music industry Sony Music NFT Trademark Sony Music, one of the largest music labels in the world, has filed a trademark application for a new…
New York Attorney General, Letitia James sues KuCoin for alleged securities violations
KuCoin, a popular cryptocurrency exchange, has been sued by the New York Attorney General (NYAG) for allegedly selling unregistered securities and commodities to investors in the state. The lawsuit, which was filed in New York County Supreme Court, accuses KuCoin…
Is Ethereum at Risk? – Could Ethereum’s Security Classification Shatter the Cryptocurrency Market? The Risks and Rewards of Regulatory Clarity
Letitia James, the Attorney General of New York, made history by filing a lawsuit against KuCoin, alleging that the cryptocurrency exchange violated state regulations by operating without registering as a securities and commodities broker-dealer. What sets this lawsuit apart is…
Federal Reserve Chief Sounds Warning on Climate Change and Cryptocurrency – Are You Prepared for the Risks?
During a recent Senate hearing, Federal Reserve Chairman Jerome Powell faced questions from lawmakers about a range of issues, including climate change and cryptocurrency regulations. The hearing highlighted the growing concern among policymakers about the role of the financial sector…
CFTC Chair recognizes Ethereum and stablecoins as commodities
Rostin Behnam, the acting chairman of the US Commodity Futures Trading Commission (CFTC), has stated that he considers Ethereum and certain stablecoins to be commodities. Behnam explained that the CFTC had previously classified Bitcoin as a commodity, and that they…
Silk Road’s $1 Billion Bitcoin Haul: A Seized Fortune Creates Fear and Opportunity in Crypto Markets
Silk Road was an infamous dark web marketplace that allowed users to buy and sell illegal goods and services using Bitcoin as a means of payment. In 2013, the United States government shut down Silk Road and seized its assets,…
How Biden’s Proposed Tax Reforms Could Affect Your Crypto Investments
President Joe Biden’s proposed tax reforms have been making headlines recently, particularly among the cryptocurrency community. The proposed reforms include doubling the capital gains tax rate for high-income earners and cracking down on “wash sales” in the cryptocurrency market. In…
Revolutionizing the World of NFTs: Ethereum’s Latest Upgrade ERC-4337 Brings Lower Fees and Faster Transactions!
ERC-4337: What Ethereum’s Latest Upgrade Means for NFTs Ethereum, the world’s second-largest cryptocurrency by market capitalization, has recently undergone a major upgrade with the release of ERC-4337. This upgrade is significant for the world of non-fungible tokens (NFTs) and has…
Unlocking the Future of Crypto Adoption: Coinbase Launches Wallet as a Service to Empower Businesses Worldwide!
Coinbase, one of the largest cryptocurrency exchanges in the world, has announced the launch of “Coinbase Wallet as a Service”, a new offering that allows any company to integrate Coinbase‘s wallet functionality into their own applications. The “Wallet as a…