Business

New York City Establishes First US Digital Assets and Blockchain Office

New York City Mayor Eric Adams has signed an executive order establishing the nation's first municipal Office of Digital Assets and Blockchain, a move...

Bitcoin pioneer Roger Ver pays $48M, avoids prison for crypto tax evasion

Bitcoin pioneer Roger Ver will pay USD $48 million in back taxes to the U.S. government, securing a deferred prosecution agreement that allows him...

Belarus Establishes Task Force Against Illicit Crypto Amid Legal Market Support

Belarus has established a new task force to curb illicit cryptocurrency transactions and unauthorized cross-border transfers, reflecting an intensified effort to control digital assets...

Ethereum Retreats to $4,134: Layer-2 Resilience Meets Macro Headwinds

Ethereum's price experienced a modest dip on Tuesday, trading around $4,134, as broader macroeconomic concerns tempered gains despite robust underlying growth in its scaling...

Binance Establishes $400M Fund, Pays Users $4-6,000 After Massive Liquidations

Cryptocurrency exchange Binance has unveiled a USD $400 million compensation initiative aimed at restoring user confidence following widespread operational disruptions and massive liquidations during...

California Protects Unclaimed Crypto, Blocks Forced Liquidation

California has enacted new legislation requiring the state to hold unclaimed digital assets in their original cryptocurrency form, ending a previous policy of forced...

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