Author: e_cash_top

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[ad_1] Ad A survey of U.S. crypto investors found that 58% of the sample size reported crypto holdings on their taxes in 2022 — up 4% year-over-year — while 31% did not report and 11% of the sample size declined to answer. The survey was conducted by CoinLedger in December 2022 and included 305 American…

Ripple CEO praises ‘positive global regulatory developments’ happening outside US

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[ad_1] Ad Ripple CEO Brad Garlinghouse said the number of positive global regulatory developments happening in the crypto industry is “energizing.” In a Feb. 9 Twitter thread, Garlinghouse praised regulators in Dubai, the U.K., Australia, Brazil, and South Korea for providing “leadership” and “clarity” for crypto firms. According to Garlinghouse, the regulators in these countries…

Optimism sheds 10% following 11M token airdrop

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in Uncategorized

[ad_1] Ad Layer-2 network Optimism airdropped 11.7 million tokens to over 300,000 wallets on Feb. 9, increasing its OP token circulating supply to 234.74 million. Following the news, the OP token fell by 13% in the last 24 hours to $2.33 as of press time, according to CryptoSlate data. OP is one of the best-performing digital…

Red day sees $49B wiped from crypto market cap

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in Uncategorized

[ad_1] Ad The cryptocurrency market cap saw net outflows of $48.8 billion over the last 24 hours and currently stands at $1.013 trillion — down 4.6% from $1.062 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 4.3% and 6% to $419.68 billion and $188.34 billion, respectively. The top 10 crypto assets all…

SEC under fire for regulation by enforcement in Kraken staking action

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[ad_1] Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun. On Feb. 9, Kraken said it would end its staking service in the U.S. and disclosed paying a $30 million fine to settle allegations of failing to register its staking service as a security offering. SEC Commissioner Pierce wades in Crypto-friendly SEC…

Roughly $220M in liquidations driven by Kraken settlement with SEC

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[ad_1] Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information…

Paxos refutes bank charter rejection rumors

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[ad_1] Ad Brokerage and stablecoin issuer Paxos said it had not been denied a national bank charter from the Office of the Comptroller of the Currency (OCC). On Feb. 7, rumors emerged that the OCC had denied Paxos its bank charter — arising from the preliminary approval that Paxos obtained from the OCC, which was…

Ethereum NFT market cap shrank 59.6% in 2022; NFT trading volume jumps 38% in January

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[ad_1] Ad The total market cap of the NFT collections deployed on Ethereum (ETH) recorded a 59.6% drop in 2022, according to a DappRadar report. The aggregate market cap of the ETH-based NFT projects started the year 2022 at $9.3 billion and ended at $3.7 billion, according to the report. However, numbers from January indicate…

Move over Hydra, OMG!OMG! is the darkweb’s latest trojan horse

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[ad_1] Ad A new Chainalysis report has found that sanctions have not dampened the presence of darkweb marketplaces that traffic illicit drugs and services on the internet. The report found an unusual decline in revenue from the previous year. Darknet market and fraud shops revenue, 2020-2022 (Source: Chainalysis) According to Chainalysis, a blockchain intelligence company,…

“Not your keys, not your crypto”

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