Biden Budget: U.S. Treasury To Impose 30% Tax On Crypto Mining Operations
U.S. President Biden unveiled his 2024 budget plan on Thursday, March 9. The U.S. Treasury Department intends to impose a 30% excise tax.
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Crypto News
‘CryptoGPT’ Twitter Accounts Spring Up as Hashtag Trends on Twitter
On Twitter, the hashtag “CryptoGPT” has been trending in relation to a putative artificial intelligence (AI) cryptocurrency coin. Alongside it, a number of.
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US Fed to Create New Crypto Team amid Concerns About Unregulated Stablecoins
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in the cryptocurrency sector.
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FTX Exec Loses $3.7 Million Island Home to Authorities 5 Months After Buying It
In October of 2017, Nishad Singh, who is the Lead Engineer at FTX, purchased a vacation home in the San Juan islands for.
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U.S. DOJ Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US
Late Thursday evening, the United States Department of Justice (DOJ) filed an appeal challenging the decision of a New York bankruptcy judge to.
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Crypto Winter Freezes Sports Sponsorship Deals in 2023
In a deal that is said to be worth $700 million over the course of 20 years, Crypto.com was awarded the naming rights.
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Hedera confirms exploit on mainnet led to theft of service tokens
The creators of the distributed ledger Hedera Hashgraph, Hedera, have acknowledged a smart contract vulnerability on the Hedera Mainnet that resulted in the.
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FTX’s Loss May be Avalanche’s Gain, But Here’s Where AVAX Stands
Even though the FTX collapse severely hurt the cryptocurrency market, Avalanche was still able to gain from the situation. Popular gaming company TSM.
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Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
A measure to stop tax loss harvesting on cryptocurrency transactions will be included in U.S. President Joe Biden’s proposed budget, which is scheduled.
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SBF’s Lawyers Signal Need to Push Back October Criminal Trial
Sam Bankman-Fried, the founder of FTX, has indicated that it would be essential to postpone the criminal trial for the former executive of.