Category: Crypto News

Form 1099-DA has become one of the most confusing pieces of the crypto tax puzzle. Ever since the IRS introduced Form 1099-DA to track digital asset sales, there’s been uncertainty around who it applies to and what happens if you don’t comply.  Things got even more complicated when the...

Q1 2025 has been anything but quiet in the crypto world. From the U.S. making bullish regulatory moves to one of the biggest hacks in Ethereum history, the first three months of the year have already packed in enough drama to keep investors, traders, and crypto diehards on edge....

2024 was a big year for crypto. Bitcoin reached $100K, fueled by halving, spot ETF approvals, and growing optimism. Ethereum’s Dencun upgrade made transactions cheaper and faster.  At the same time, scams and hacks rose sharply, showing the need for stronger security. On the regulatory side, the IRS announced...

Catch up on the biggest crypto news this August with some major stories that have everyone talking. El Salvador is rolling out Bitcoin training for thousands of civil servants, while India is gearing up to tackle crypto regulations. Plus, there’s a wild story about an Airbnb host stuck with...

July 2024 has been quite a month for the crypto industry! We finally saw the launch of Ether spot ETFs, while India held firm on its tough crypto tax laws despite pushback from the industry. In a shocking event, $235 million was stolen from WazirX, India’s biggest crypto exchange....

Ethereum scores a major victory, the market faces a $440 million liquidation hit, Shopify embraces crypto payments, and SEC Chair Gary Gensler reveals the timeline for Ethereum Spot ETF approval. Dive into this month’s hottest and latest developments in the crypto space. Big Win for Ethereum As SEC Drops...

Changpeng Zhao (CZ) pled guilty to charges from the U.S. Department of Justice (DOJ) and stepped down as the CEO of Binance. Binance faces a $4.3 billion fine, while CZ personally agreed to pay a $50 million fine with a potential 18-month prison term.  This article breaks down the...

Bitcoin ETFs are edging closer, FTX is working on returning 90% of lost customer funds, Ripple is celebrating another legal victory, the UAE has launched its first Web3-focused Free Zone, and Platypus Finance loses and recovers $2.2 million in a flash loan exploit. Here are the top 5 recent...

The Securities and Exchange Commission (SEC) has long been a central figure in the regulatory tussle with various crypto platforms. However, the recent surge in lawsuits against exchanges has taken the conflict to a new level of intensity.  Each lawsuit has its intricacies, yet a common thread runs through...

SEC is going after Binance and Coinbase, PayPal launches its own stablecoin, attackers steals $61 million from Curve Finance and then returns it, mixed views on the possibility of spot Bitcoin ETFs, and a potential crypto oversight bill to bring more regulatory clarity. There is a lot that happened....