In the ever-evolving landscape of cryptocurrency, the importance of accurate accounting and tax reporting has never been more crucial. TRES, a prominent platform dedicated to crypto accounting and tax reporting, has recently announced securing $11 million in funding. This capital influx is …
Saga phones, the smartphone offering from Solana, are now being sold at a premium on resale platforms like eBay, with recent transactions reaching as high as $5,000. Initially experiencing sluggish sales, the phones have seen a surge in demand as buyers identified …
Ordinals-based Tap Protocol, a blockchain startup under Trac Systems, has successfully raised $4.2 million in a recent funding round led by Sora Ventures. The German-based company aims to utilize the capital to further its initiatives, specifically in advancing the adoption of Bitcoin …
The price of Bitcoin (BTC) is experiencing a decline, with the major cryptocurrency falling below $41,000. This downward movement has had a significant impact on the pre-market performance of crypto stocks, which are also in the red zone. Leading crypto-related companies such …
Bitcoin (BTC) started the trading week with a slight increase, surpassing the $41,000 mark, while Ether (ETH) also saw a small uptick, trading above $2,100. Coinglass data revealed that there have been $103.5 million worth of liquidations in token-tracked futures within the …
A dog-themed meme token has sparked a surge in sales of Solana’s Saga phone, with prices skyrocketing to as much as $5,000. This comes after the phone was initially labeled a “failure” by its makers. According to data from online marketplace eBay, …
Major NFT Indexes Stable After NFT Trader Hack Nansen’s NFT-500 and Blue-Chip-10 indexes remain stable despite a recent hack on the trading platform NFT Trader that resulted in the theft of nearly $3 million worth of non-fungible tokens (NFTs). The Nansen NFT-500 …
The growth of stablecoins such as tether (USDT) and USD Coin (USDC) presents a significant challenge for central banks, according to Bank of Korea Governor Rhee Chang-yong. Despite their name, these stablecoins often lack stability, which raises concerns for central banks. Speaking …
Coinbase’s formal petition to the Securities and Exchange Commission (SEC) requesting tailored regulations for the cryptocurrency industry has been rejected by the regulator. The SEC stated that there is no need to create a new regulatory framework for digital assets, as the …
The Arbitrum (ARB) network recently experienced a “partial outage” as a result of a surge in transaction traffic, which had a direct impact on the layer-2 blockchain’s sequencer. According to various posts on the network’s social media accounts, Arbitrum’s sequencer encountered a …