Category: Uncategorized

Solana, Avalanche, Chainlink Tumble 8%-12% as Crypto Rally Cools Amid Fake BlackRock XRP Trust Filing
A fake BlackRock XRP Trust filing roiled the crypto market during U.S. afternoon hours, weighing on altcoins as the crypto rally cooled.

Lens, Aave's Decentralized Social Media Platform, Launches Major Upgrade on Polygon
The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features.

Bogus BlackRock XRP Filing Spoofs ETF Watchers, Crypto Traders

Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest
While crypto representatives and lawyers cautioned the U.S. Internal Revenue Service (IRS) that its crypto tax proposal is a dangerous and improper overreach, questions posed by a panel of IRS and Department of the Treasury officials at a Monday hearing may reveal some flexibility in the rule as it’s still being written.

What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?

CPI Report Tuesday Could Provide Next Bitcoin Catalyst
The U.S. government tomorrow will report on October inflation data.

Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.

Crypto Fund Inflows of 3M Bring Yearly Total Above B: CoinShares
Ethereum related products witnessed the largest amount of inflows since August 2022.

Bitcoin Researcher Behind 'BitVM' Ignites Fresh Buzz With New Paper on File Hosting
The proposal by Robin Linus, a core contributor to Bitcoin-based zero-knowledge proofs developer ZeroSync, sets out how an open market for content hosting could be created by “an atomic swap of coins for files.”

FTX Sues Bybit to Claw Back 3M in 'Misappropriated Funds'
The FTX estate says the funds were “preferentially” or “fraudulently” transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing.