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IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.

Australian Football Club Perth Glory FC to be Tokenized by New Owners London Football Exchange

Australian Football Club Perth Glory FC to be Tokenized by New Owners London Football Exchange

Sports clubs and cryptocurrency, will this lead to a new method of ownership in global sports?

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper

TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.

UK Court Recognized Cryptocurrency as Property in Freezing Order

UK Court Recognized Cryptocurrency as Property in Freezing Order

In a property ownership tussle, UK high court found itself in the second attempt to recognize cryptocurrency as property. This time round, the court imposed a freezing order to crypto firm directors who failed to prove that they were not owners of the disputed cryptocurrencies.

More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges

More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges

$400 million have been withdrawn from Bitmex in less than 24 hours after the US CFTC filed a legal enforcement action against the exchange’s owners.

Hong Kong Protests Powering Through Bitcoin Adoption

Hong Kong Protests Powering Through Bitcoin Adoption

The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks.

Are Cryptocurrency HODLers Ready to Create A Will?

Are Cryptocurrency HODLers Ready to Create A Will?

Research estimates about 3.8 million Bitcoin, worth about $30 billion US today has been lost, with most having gone to the grave with crypto holders who failed to tell anyone how to retrieve them.

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

Ripple CEO Brad Garlinghouse revealed that a lawsuit may be in the works against his fintech company for XRP cryptocurrency sooner than later.

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper, partnered with Goren Holm Ventures in 2019 and later rebranded it as Draper Goren Holm. The firm focuses on incubating and accelerating blockchain and crypto startups.

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.

Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Cryptocurrency exchange giant Binance alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents.

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF Unveils Cryptocurrency Donation Fund

UNICEF has launched a cryptocurrency fund intended for open-source technology funding, whereby Ether and Bitcoin will be accepted. The donations will be beneficial to young people and children across the globe.

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