Author: e_cash_top

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in…

[ad_1] Quick Take Ethereum has reached a significant achievement by cracking into the top 50 global assets based on market capitalization, with a current worth of $223 billion. This pushes it past palladium and brings it to just $17 billion behind platinum, indicating a notable surge among global assets. Bitcoin also retains a substantial rank…

[ad_1] Coinbase has publicly distanced itself from statements made by CEO, Brian Armstrong, which suggested that the U.S. Securities and Exchange Commission (SEC) had requested the delisting of all non-Bitcoin crypto assets. Earlier on July 31, Armstrong told the Financial Times the U.S. Securities and Exchange Commission (SEC) made extensive demands during an investigation. According…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] One of Germany’s top privacy regulators began investigating Worldcoin’s data collection practices in November 2022, and the probe is still ongoing, Reuters reported on July 31. The Bavarian State Office for Data Protection Supervision President Michael Will told the newswire that the regulator had concerns over the project’s aim to process “sensitive data at…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Stablecoin issuer Tether’s (USDT) second-quarter attestation revealed a significant increase in its Bitcoin (BTC) reserves by more than $170 million, raising the total to $1.67 billion from the $1.5 billion posted during the first quarter The increase aligns with the company’s goal of strengthening and diversifying its reserves with BTC purchases. In May, Tether…

[ad_1] On July 31, the U.S. Securities and Exchange Commission (SEC) filed suit against Richard Heart, the founder of blockchain projects PulseChain and HEX, for allegedly defrauding investors and selling unregistered crypto securities. The SEC said in the filing that Heart — whose legal given name is Richard Shueler — operates through three “unincorporated alter-ego…

[ad_1] The circulating supply of TrueUSD (TUSD), a highly liquid stablecoin, has seen a significant increase of almost $250 million between July 29 and July 30. While this might appear as a minor uptick for a stablecoin with a circulating supply exceeding $3 billion, historical data suggests that notable price rallies have often followed such…