Cryptocurrency transactions above $10,000 must be reported to the IRS under a new US regulation
As new tax regulations take influence in the United States, the crypto world is undergoing significant transformation. The Infrastructure Investment and Jobs Act, which was passed in November 2021, imposed…
2024’s Crypto Titans: Top Altcoins to Keep on Your Radar
As we venture into 2024, the cryptocurrency landscape continues to evolve at a rapid pace. While Bitcoin remains a stalwart in the crypto world, a host of altcoins are vying…
Cryptocurrency transactions above $10,000 must be reported to the IRS under a new US regulation
As new tax regulations take influence in the United States, the crypto world is undergoing significant transformation. The Infrastructure Investment and Jobs Act, which was passed in November 2021, imposed…
Radiant Capital’s $4.5M Flash Loan Exploit
Radiant Capital, a cross-chain lending protocol, recently encountered a flash loan exploit that led to the unethical withdrawal of $4.5 million (2337 ETH) from its recently launched USDC Coin (USDC)…
Bitcoin’s 7% Plunge: Unraveling the Miner’s Role
In an unexpected turn of events, Bitcoin, the world’s largest cryptocurrency by market capitalization, has seen a significant drop of nearly 7% in its value. This sudden plunge has left…
cNGN stablecoin approved for release by the Central Bank of Nigeria
An important step forward has been made in Nigeria’s cryptocurrency industry with the Central Bank of Nigeria’s (CBN) official approval of the cNGN stablecoin. The Africa Stablecoin Consortium (ASC), a…
Grayscale in talks with JPMorgan, Goldman Sachs for Bitcoin ETF role
Grayscale Investments, a prominent crypto asset manager, is reportedly in discussions with major financial institutions such as JPMorgan and Goldman Sachs for potential involvement in its proposed spot Bitcoin exchange-traded…
CoinsPaid Faces Second Security Breach in Six Months: Nearly $7.5 Million Stolen
In yet another setback for CoinsPaid, a prominent crypto payment gateway, the company has fallen victim to its second security breach in the last six months. On January 6, Web3…
