Author: staff

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Do Kwon’s Appeal is Rejected by Montenegro Court

The Constitutional Court of Montenegro has rejected an appeal from Do Kwon, a prominent figure in the cryptocurrency industry, over an extradition verdict.

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Hackers Withdraw $2.3 Billion from Crypto Projects in 2024

Cyvers has shared crucial statistical data regarding the security landscape of the crypto industry.

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MicroStrategy Buys Another 5,000 Bitcoins

According to MicroStrategy’s co-founder and executive chairman, Michael Saylor, the company has purchased an additional 5,262 BTC for around $561 million.

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Crypto.com Announces a Custody Service for Institutional Investors in

Crypto.com has recently launched a crypto custody service specially designed for institutions and high-net-worth individuals in the US.

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IRS Says Crypto Staking Must Be Taxed

The US Internal Revenue Service (IRS) announced on Monday that rewards earned from staking cryptocurrencies should be subject to taxation, as reported by Bloomberg.

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Jump Crypto Subsidiary Agrees to Pay $123M to SEC

Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to a $123 million settlement with the US Securities and Exchange Commission (SEC).

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Google Will Force British Crypto Ads to Register with FCA

Google has announced a new policy update for digital asset exchanges and wallets in the United Kingdom, requiring them to register with the Financial Conduct Authority (FCA) before being allowed to advertise on the platform.

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El Salvador Adds 11 Bitcoins to its Reserve

Following an agreement between El Salvador and the International Monetary Fund that included the discontinuation of Bitcoin as a legal tender, there were doubts about the country’s future when it came to Bitcoin investments.

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