The governments of Japan and Russia have ruled out creating national Bitcoin (BTC) reserves in the near future. Both said they would prefer to see how other countries – such as the USA – develop Bitcoin reserves before taking action.…
The crypto community has taken to social media to express its grievances after the U.S. Treasury and Internal Revenue Service (IRS) launched their updated DeFi tax reporting requirements on Friday. U.S. Treasury, IRS Announce DeFi Tax Requirements As part of…
Montenegro confirmed on December 27 that it will extradite South Korean cryptocurrency entrepreneur Do Kwon to the United States (US). The decision concludes months of legal disputes between the U.S. and South Korea, both of which sought Kwon’s extradition in…
Solana (SOL) demonstrated resilience during a bearish December, achieving over $100 billion in decentralized exchange (DEX) trading volume for the second consecutive month. With a $107.865 billion in monthly DEX volume (as of Dec. 27), Solana outpaced its competitors in…
Sheila Warren, CEO of the Crypto Council for Innovation, had her X account hacked on Thursday, December 26, to promote the $SPELL token, the advocacy group confirmed in a social media statement. Sheila Warren Hacked to Promote $SPELL Token The…
The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300. ETH’s recent rejection of resistance at $3,500 in the form…