The IRS will allow crypto holders on centralized exchanges to bypass strict tax regulations in 2025, preserving flexibility in reporting and tracking digital asset sales. IRS Announces Temporary Relief for Some Crypto Holders The Internal Revenue Service (IRS) has issued a temporary relief measure, which is expected to benefit cryptocurrency holders using centralized finance (cefi) […]
2024 was nothing short of a rollercoaster for crypto aficionados, featuring key milestones that shook the industry. The U.S. Securities and Exchange Commission (SEC) greenlit both spot bitcoin and ethereum exchange-traded funds (ETFs), Bitcoin experienced its fourth halving event, and the digital asset smashed through the $100,000 threshold. Buckle up as we revisit the year’s […]
The National Institute of Standards and Technology (NIST) said it will deprecate ECDSA after 2030. Government to Deprecate Bitcoin Signature Cryptography The cryptography underpinning Bitcoin’s digital signatures – Elliptic Curve Digital Signature Algorithm (ECDSA) – will be deprecated by the government after 2030, and some bitcoiners are urging the community to saddle up and find […]
Recently, Elon Musk, the owner of X, switched his profile name to Kekius Maximus, and things took a wild turn in the world of crypto. A meme coin named kekius maximus (KEKIUS) has exploded, soaring by an eye-popping 1,500% in just one day. KEKIUS Soars 1,500% After Musk’s Wild Name Switch The meme coin KEKIUS […]
The cryptocurrency market experienced a surge in 2024, with VIRTUAL, the native token of Virtuals Protocol, leading the charge with a staggering 23,000% plus increase in value. Memecoins and AI Popular Narratives in 2024 VIRTUAL, the native token of the decentralized platform Virtuals Protocol, was the top-performing large-capitalization digital asset in 2024, surging more than […]
Do Kwon, the South Korean founder of Terraform Labs, has been extradited to the United States. Authorities in the country accused Do Kwon of orchestrating a multi-billion dollar crypto fraud following the collapse of his company’s Terrausd and Luna cryptocurrencies in 2022. The collapse caused billions of dollars in losses across the market. Do Kwon […]
PRESS RELEASE. The future of online gambling has arrived with the official launch of Anon Casino, a fully autonomous, anonymous, and borderless online casino designed to redefine the gaming experience. Powered by blockchain technology, smart contracts, and a player-first philosophy, AnonCasino.com ensures unparalleled transparency, fairness, and instant payouts for all players. A New Era of […]
In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a hard hit, plunging to alarming lows. By January 2023, SOL was scraping the bottom of the barrel in terms of price. Yet, in an unforeseen […]
The Q4 2024 crypto valuation surge saw the digital asset market cap surpass that of the global inflation-linked bond market. Crypto Market Cap Dwarfs U.S. High-Yield Bond Market The crypto market capitalization surged from $1 trillion to over $3 trillion in the last quarter of 2024, surpassing that of the global inflation-linked bond market, according […]
Reports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank’s reserves via a constitutional amendment. Swiss Chancellery Registers ‘Bitcoin Initiative’ On Tuesday, Dec. 31, 2024, the Swiss Federal Chancellery confirmed its registration of the “Bitcoin Initiative.” This effort, spearheaded by […]