Blockchain News

Binance CEO: Exchange Assets Are Backed One-to-One, No Liquidity Crunch

Changpeng ‘CZ’ Zhao, CEO of leading cryptocurrency exchange Binance, recently defended the exchange’s holding of customer assets backed one-to-one, claiming that the exchange.

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Blockchain News

Kadena CEO Stuart Popejoy on Blockchain Design: Proof of Work is a Feature, not a Flaw

The former JPMorgan executive explained how he came to love cryptocurrency and why the Kadena blockchain will not abandon proof of work. “There.

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Blockchain News

Bitcoin and Ethereum Gave Back their Gains, but has Anything Actually Changed?

Bitcoin and Ethereum Gave Back their Gains, but has Anything Actually Changed? Bullish crypto momentum faded after Fed Chair Powell dashed investors’ hopes.

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Blockchain News

Democrats to Reportedly Return Over $1M of SBF’s Funding to FTX Victims

Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic organizations are said to have decided to return over $1.

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Blockchain News

Charges Laid Over Alleged ‘Crypto Mining’ Ponzis that Netted $8.4M

Several creators and promoters of two allegedly fraudulent crypto companies are facing a slew of charges that could land them in prison for.

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Blockchain News

Japan Set to Ease 30% Crypto Tax on Paper Profits for Token Issuers

Currently, Japanese crypto issuers must pay a 30% corporate tax rate on their holdings, even if they haven’t made a profit through a.

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Blockchain News

Embattled Crypto Lender Amber Group Raises $300 million

Amber Group, a Singapore-based crypto lender, announced a $300 million fundraise today, amid layoffs and refocusing at the company. Amber announced in a.

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Blockchain News

Incoming UK FCA Chair Ashley Alder Hammers Crypto Industry

The incoming head of the UK’s Financial Conduct Authority (FCA) has launched a scathing attack on the cryptocurrency industry as a whole. Setting.

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Blockchain News

New House Financial Services Committee Chair Wants to Delay Crypto Tax Changes

In a letter to the Treasury, Republican Representative Patrick McHenry asked for clarification on a “poorly” written digital asset tax provision. Patrick McHenry,.

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Blockchain News

Coinbase Launches ERC-20 Token Recovery Tool (For a 5% Cut)

Coinbase, the most popular cryptocurrency exchange in the United States, has released a set of tools to assist customers who have sent tokens.

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