Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t...
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. ...
CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves. 4713 Total views...
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process. 2453...
Community baffled by Trump’s bizarre ‘SimpDAO’ NFT collection
Even conservatives and MAGA supporters are not pleased with the former president, as they were hanging on for a more serious announcement. ...
SEC approves 9 more WisdomTree ‘blockchain-enabled’ funds
After announcing the approval of nine new digital funds, WisdomTree reiterated that it wants to further integrate blockchain tech to improve the investor...
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy. 3236 Total views...
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert Wrapped BTC into BTC. 2816...
FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried
Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research. ...
Realized losses from FTX collapse peaked at $9B, far below earlier crises
Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis....
