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Global Commitment to Implement Cryptocurrency Tax Reporting Framework by 2027

November 10, 2023

The Crypto-Asset Reporting Framework (CARF), an innovative international protocol for the automatic transfer of information between tax authorities, has received commitment from nearly 50 countries to be adopted into their …

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SafeMoon's CEO John Karony's Bail Release on Hold Over Flight Risk Concerns

November 10, 2023

A U.S. judge partially granted federal prosecutors' request to halt the bail of John Karony, CEO of SafeMoon, according to court documents dated Nov. 9. The initial release order, issued …

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Binance to Halt Russian Ruble Deposits from November 15

November 10, 2023

In a significant update, leading cryptocurrency exchange, Binance will stop accepting deposits in Russian Ruble (RUB) effective November 15, 2023. Despite the cessation of deposits, the platform has ensured that …

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Bitcoin Futures Volume Soars, BTC Predicted to Hit $69K by 2024

November 10, 2023

The price of Bitcoin surged from $35,708 to $37,279 between Nov. 8 and Nov. 9, sparking a significant response from the futures market. The volume of Bitcoin futures traded across …

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Open Interest in Ethereum Surges Following BlackRock's ETF Filing

November 10, 2023

Ethereum and Bitcoin's Market Open Interests Drive Crypto MarketThe crypto market has been witnessing a major stir with Bitcoin and Ethereum garnering particular interest. As reported recently, Bitcoin's open interest …

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Crypto Lending Firm Hodlnaut to Undergo Liquidation Process

November 10, 2023

Singapore's cryptocurrency lending firm, Hodlnaut, has announced its forthcoming liquidation process. Having filed a wind-up order on November 10, the company is set to liquidate its remaining assets following the …

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Bankrupt Crypto Lender Genesis Seeks Court Approval for 3AC Settlement

November 10, 2023

Genesis, a bankrupt cryptocurrency lender, is seeking court approval for a proposed settlement agreement with the collapsed crypto hedge fund, Three Arrows Capital (3AC). According to the filed documents, Genesis …

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Poloniex Cryptocurrency Exchange Hit by a $100 Million Theft

November 10, 2023

Over $100 million in digital assets have been stolen from cryptocurrency exchange Poloniex, according to blockchain security firms. Justin Sun, the exchange's owner, has offered a 5% bounty to the …

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JPMorgan Incorporates Programmable Payments Service to JPM Coin

November 10, 2023

The eminent financial institution, JPMorgan, has implemented a revolutionary feature to their established JPM Coin. This upgrade allows for automated fund transfers and has already found practical use by distinguished …

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Humane Introduces Innovative AI-Powered Wearable Pin

November 10, 2023

AI startup Humane has unveiled a highly advanced, wearable AI virtual assistant known as AI Pin. This lapel pin-style device allows users to tap and interact with a virtual AI …

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