IRS Considers Staking Rewards as Taxable Income in New Revenue Ruling
Kimberly CrainA recent publication by the US revenue regulators Internal Revenue Service (IRS) revealed that the staking rewards generated from crypto…
Binance Secures Dubai License to Offer Crypto Services to Qualified Investors
An official report issued by the world's largest crypto exchange Binance revealed that the firm secured a crypto license to…
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Ripple (XRP)
Ripple Projects Blockchain to Save Financial Institutions $10 Billion by 2030
A report by Ripple "Transforming the Way Money Moves" dated July 29 revealed that blockchain technology has massive potential to…
Grayscale Requests SEC to Approve Bitcoin ETF Filings Simultaneously
A comment letter shared by the fast-growing asset management firm in Connecticut, Grayscale, urged the Securities and Exchange Commission (SEC)…
Deloitte Forms Alliance with Chainalysis to Support Digital Asset Compliance
On Tuesday, July 25, the London-based professional service provider Deloitte created a strategic alliance with Chainalysis, a crypto analytical firm.…
Axie Infinity Partners with CyberKongz to Launch Blockchain Game Genkai
An official announcement from Sky Mavis illustrated that the team behind the famous Axie Infinity game inked a partnership agreement…
Binance and CEO Seeking to File Motion to Dismiss CFTC Complaint
Binance, the world's largest crypto exchange by daily trading volume, has announced plans to file a motion to dismiss a…
Arkansas Counties Seeking to Approve Noise Regulations for Crypto Miners
An advanced "Arkansas Democrat-Gazette" report revealed that policymakers from the 75 counties of Arkansas are seeking to pass an emergency…
McDonald Hong Kong Launches Metaverse Game’ McNuggets Land’ on The Sandbox
An official report from McDonald's revealed that the world's largest fast food restaurant launched McNuggets Land, a metaverse game positioned…
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Coinbase Protocol Lead Envisions 8 Billion People to Shift to On-Chain in Next Decade
A report issued by the Coinbase protocol lead Jesse Pollak revealed that crypto adoption will immensely increase in the next…
French Regulators Grants Société Générale Subsidiary First Crypto License
An official publication issued by the Autorité des Marchés Financiers (AMF) on July 19 revealed that Société Générale affiliate company…
Crypto Exchange Binance Completes Integration of Bitcoin Lightning Network
On Monday, July 17, the world's largest crypto exchange by market cap, Binance, confirmed the integration of the Bitcoin Lightning…
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Ron DeSantis Pledges to Ban CDBCs If Elected President
The US presidential aspirant Ron DeSantis announced plans to restrict the use of central bank digital currencies (CBDC) once he…
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Solana (SOL)
Ripple’s Partial Victory Propels XRP to 4th Position
On July 13 the Southern District of New York issued its decision concerning Ripple and the Securities and Exchange Commission…
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Polygon (MATIC)
Web3
Binance Labs Invests $15 Million in Xterio to Support Web3 Games
A July 12 report by Binance Labs revealed that the crypto exchange invested $15 million in Xterio, a blockchain-based publisher.…
Blockchain Gaming Platform Spielworks Developing Refundable NFT Program
On Wednesday, July 12, the Berlin-based blockchain gaming company Spielworks inked a partnership agreement with Mycelium, a Web3 development company.…