Many prominent crypto commentators have criticized the new crypto tax reporting rules proposed by United States president Joe Biden. These rules, aimed at catching crypto users avoiding taxes, have raised concerns among the crypto community. Some believe that if Biden secures re-election, the crypto industry will face a bleak future in the country. Others point out that the U.S. has fallen behind other jurisdictions in terms of crypto innovation and these rules will further hinder innovati…

Share On Facebook?

Tweet This!

Save!

Tether’s Chief Technology Officer, Paolo Ardoino, recently addressed rumors surrounding edited images of Bitcoin mining containers. In a post on X, Ardoino clarified that the image depicted a control room at a Bitcoin mining site in Latin America, where Tether is completing its operations. He emphasized the need for security and privacy in not disclosing the exact location. Ardoino also mentioned Tether’s development of mining software called Moria, which aims to enhance energy production …

Share On Facebook?

Tweet This!

Save!

This week, Tornado Cash co-founders face charges of money laundering and sanctions violations, Sam Bankman-Fried struggles in jail, and a Bitcoin whale holding $3 billion is identified. The charges against Tornado Cash co-founders Roman Storm and Roman Semenov carry a maximum sentence of 45 years in prison. Bankman-Fried is having a tough time behind bars, with limited access to medication and a vegan diet. The mystery of the third-largest Bitcoin wallet, which accrued $3 billion in just o…

Share On Facebook?

Tweet This!

Save!

JPMorgan’s latest research suggests that the recent downtrend in the cryptocurrency market may be coming to an end. According to analysts, most long-position liquidations have been completed, indicating a potential deceleration in the selling trend. This is supported by the decline in Bitcoin’s open interest, which indicates a weakening of the current price trend. As a result, the analysts predict limited downside for crypto markets over the near term.

Share On Facebook?

Tweet This!

Save!

AI-generated songs are flooding the music market, raising concerns about transparency and ethical standards. However, the synergy of AI and blockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. can address these issues and revolutionize the music industry. By enhancing artists’ creative capabilities and ensuring fair revenue distribution, blockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. technology can bring transparency and trust to the industry.

Share On Facebook?

Tweet This!

Save!