In a recent concert by British pop star Harry Styles at Slade Castle in Ireland, fans were introduced to the world of non-fungible token (NFT) rewards. These rewards, which have gained popularity in recent times, are seen as a transformative element that …
The United States Internal Revenue Service (IRS) has recently won a court order requiring popular cryptocurrency exchange Kraken to provide user account and transaction information. The IRS stated that it needed this information to investigate potential tax evasion by users of the …
This week, anime-inspired NFT brand Azuki faced a major setback with the release of its new collection. The collection, called Elementals, was highly anticipated and created a frenzy online when details about the mint were announced. The project sold out within minutes, …
Bitcoin’s (BTC) value plummeted below the $30,000 threshold, causing a ripple effect in the cryptocurrency market. According to CoinDesk Indices data, BTC experienced a 1.8% decline over the past 24 hours, reaching as low as $29,874. While the token managed to recover …
Robert Leshner, CEO of Compound, a decentralized lender, has recently submitted filings to U.S. securities regulators for a new company called “Superstate.” The purpose of this company is to establish a short-term government bond fund, utilizing the Ethereum blockchain as a secondary …
Lawyers representing FTX, the crypto exchange that recently filed for bankruptcy under the guidance of Sam Bankman-Fried, are taking legal action against the company’s former compliance officer, Daniel Friedberg. The lawsuit alleges that Friedberg engaged in questionable practices, including paying off insiders …
Binance, the world’s largest cryptocurrency exchange, is set to lose its current European banking partner, Paysafe Payment Solutions Limited, as the latter announced that it will stop supporting the exchange after September 25. In an email statement to CoinDesk, a Binance spokesperson …
Bitcoin Cash (BCH) has experienced a sudden surge in open interest in futures contracts, reaching levels not seen since May 2021. This increased interest indicates a revival of activity and renewed investor sentiment in the Bitcoin offshoot network. Data shows that BCH …
Ljubljana, the capital city of Slovenia, may not be the first place that comes to mind when discussing cryptocurrency-friendly locales. However, this hidden gem has quietly emerged as a hotbed of grassroots crypto enthusiasm and activity. While the city’s crypto adoption score …
Vancouver, Canada may be a relatively small city, but it is making a big impact as a tech and crypto hub. Not only is it considered one of the most livable cities in the world, but it also has a vibrant crypto …