General News

Binance Resumes Operations in India After Seven-Month Ban

Binance, the world’s largest cryptocurrency exchange, has resumed operations in India after a seven-month ban due to its failure to register with the Financial...

Over Half of Crypto Ads on Facebook Deemed Scams

Australia’s competition watchdog has revealed that more than half of cryptocurrency ads on Facebook are either scams or violate Meta’s advertising policies. The Australian...

Crypto.com Secures Exclusive Partnership with UEFA

Crypto.com has made history by becoming the first cryptocurrency platform to secure an exclusive partnership with the UEFA Champions League. Announced on August 14,...

Lagos State Plans to Tokenize Real Estate for Revenue Growth

Lagos State, Nigeria, is taking a groundbreaking step by announcing a plan to tokenize its real estate market. This initiative, driven by blockchain technology,...

Bitcoin Miners Face Lowest Daily Revenue in 2024

Bitcoin miners recorded their lowest daily revenue of the year, with earnings dropping to $2.54 million on August 11. This marked a significant decline...

IRS Unveils Revised Form 1099-DA for Crypto Transactions

The U.S. Internal Revenue Service (IRS) has introduced an updated Form 1099-DA for reporting digital asset transactions, signaling a significant shift in how crypto...

Former SEC Official Warns Morgan Stanley’s Bitcoin ETF Push

Morgan Stanley, the largest wealth manager in the U.S., is facing warnings from a former Securities and Exchange Commission (SEC) official over its decision...

IRS Updates Draft Crypto Reporting Form for US Taxpayers

The United States Internal Revenue Service (IRS) has released an updated draft of its crypto reporting form, intended for US taxpayers to use starting...

Thailand’s New Regulatory Sandbox for Testing Crypto Services

Thailand has taken a significant step towards embracing cryptocurrency by launching a regulatory sandbox dedicated to testing digital asset services. This move is part...

Russia Legalizes Crypto Mining

In a significant development for the BRICS alliance, Russia has officially legalized Bitcoin and cryptocurrency mining. Russian President Vladimir Putin signed the new law...

Bitcoin Power Law Under Fire: Experts Clash Over Its Validity

The Bitcoin power law, a mathematical model that predicts the continued growth of Bitcoin's price, has ignited a fierce debate. Critics argue that the...

Crypto Leaders Engage with White House on Future Regulation

Top executives from major cryptocurrency firms recently participated in a video call with U.S. lawmakers and Biden administration officials to discuss the future of...