by Forexregulationinquiry | Jul 1, 2024 | Cryptocurrency
Starting in 2026, cryptocurrency platforms will be required to report transactions to the Internal Revenue Service (IRS), with decentralized platforms that do not hold assets themselves being exempt from this mandate. These new regulations, finalized by the IRS and...
by Forexregulationinquiry | Jun 28, 2024 | Cryptocurrency
Web3 bug bounty platform Immunefi reported that the cryptocurrency industry lost an estimated $509 million to hacks and fraud in the second quarter of 2024. This marks a staggering 91% increase compared to the same period last year. May 2024 alone saw the highest...
by Forexregulationinquiry | Jun 26, 2024 | Cryptocurrency
The Solana blockchain has introduced new features called “Actions” and “Blinks,” designed to simplify and expand the accessibility of blockchain transactions, particularly for meme coins. Developed in collaboration with the Solana Foundation...
by Forexregulationinquiry | Jun 24, 2024 | Cryptocurrency, News
Eleanor Hughes, Binance’s General Counsel, is navigating numerous challenges from disputes with Nigerian officials to intense scrutiny by US authorities following a significant legal agreement. This landmark settlement with the US Justice Department and regulators...
by Forexregulationinquiry | Jun 21, 2024 | Cryptocurrency
On-chain detective ZachXBT has received a $150,000 reward from Arkham Intelligence for revealing that former pharmaceutical executive Martin Shkreli is the creator of the DJT token. This discovery comes after a period of intense speculation and a significant rise in...
