Denmark Supreme Court rules that Bitcoin gains are taxable
Denmark’s Supreme Court has ruled that gains made from Bitcoin (BTC) sales are taxable. The apex court arrived at this ruling in two cases presented before it, giving judgment on…
Op-ed: Why Sam Bankman-Fried did us all a favor
The Wild West of crypto has had no shortage of scandals in its short history, but the recent collapse of FTX ranks highly among the worst to have afflicted the…
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST.
Shiba Inu Becomes Second-Most Held Cryptocurrency by Top-100 Ethereum Wallets
Shiba Inu (SHIB) has surpassed FTX Token (FTT) as the second-most held cryptocurrency after Ethereum (ETH) by the top-100 Ethereum wallet addresses. SHIB is the native asset of the Shiba…
Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
Terra believes that decreasing the amount of UST in circulation, while increasing the amount of available LUNA, is the easiest way to return the UST to a peg.
$1.2B liquidated in Ethereum futures but is selling pressure coming down?
The cryptocurrency market has made a giant bearish move for the first time since March 2020s COVID-19-related fall. The uncertainty in the market has spiked with stablecoins de-pegging. The latest…
Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push
BVNK, a banking and payments platform targeting businesses seeking crypto integration, has raised $40 million in Series A funding.
Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday.