In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
The Internal Revenue Service (IRS), which enforces United States federal tax laws, has issued a list of reporting obligations for the general public concerning cryptocurrencies as the 2022 federal income tax return filing due date approaches. IRS tax forms that formerly referred to “virtual currency” up to 2021 have been
The year 2022 has been a terrible year for the crypto market, with investors facing severe lows and the collapse of the LUNA/Terra, and the bankruptcy of significant corporations like FTX leading to the crypto facing bears, and despite all of this loss, many still have faith in the cryptocurrency
Sam Bankman-Fried (SBF), the co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence the witnesses. In a recent court document, the U.S. prosecutors declared that the former CEO of FTX tried to persuade a witness in the case being investigated by the US government. In the wake
The crypto market witnessed its first major cyber attack of the year in the form of a social media hack negatively impacting the NFT project Azuki. On January 27, the Twitter account of Azuki, a well-known non-fungible token (NFT) project, compromised. Enabling hackers to seize USD coins worth over $750,000.
ChatGPT is an innovative artificial intelligence tool equipped to solve challenging problems, proficiently coding, responding to complex questions. And signaling the extinction of fiat currencies. Parman, an educator and author in the field of Bitcoin self-custody, predicted to ChatGPT that the emergence of Bitcoin (BTC) would be followed by a
The National Basketball Association (NBA) has reached an agreement to stream certain games in the metaverse for free. The firm extended its existing collaboration with Meta on January 23 to continue broadcasting its games utilizing VR (virtual reality) technology. Moreover, Meta’s consumer headgear, the Meta Quest 2, will be utilized
The launch of Stablecoin on the Cardano (ADA) network is much anticipated by ADA holders. According to the COTI blog, the company is collaborating in the development of the stablecoin on the ADA blockchain, which is expected to emerge in the coming weeks. The debut date is currently unknown, however,
Tesla still holding onto Bitcoin despite a dramatic reduction in its value since the fourth quarter of 2021. At the start of the year, Tesla (TSLA), invested $1.5 billion to purchase over 43,200 bitcoins for around $30,000 per coin. This move was welcomed by cryptocurrency and bitcoin fans, who saw
In a class action lawsuit filed, investors in crypto miner Argo Blockchain claimed the company misled them during the IPO by making false representations and withholding key facts. On January 26, a lawsuit was filed against Argo and many of its top executives and board members. It asserts the company
The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
