According to the new IRS ruling, staking rewards are taxed at the time you gain dominion and control over a token. In simple terms, when you achieve the ability to sell, exchange or dispose of the ...
PayPal to Issue Dollar Pegged Crypto Stablecoin: Bloomberg
Global payments giant PayPal is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPalUSD, as per a Bloomberg report. The token will soon be available to PayPal users in ...
Japan eyes Fukushima water release from late August
TOKYO (Kyodo) -- Japan is considering beginning the release of treated radioactive water from the Fukushima nuclear power plant into the sea between late August and early September, even though local ...
Crypto’s fear and loathing: Will TradFi take over?
The crypto industry is experiencing its longest bear market in history, but the potential for institutional adoption represents a light at the end of the tunnel. While some regulatory hurdles remain, ...
Crypto Options Traders Are Still Shorting Bitcoin Volatility
There is a lot of market chatter about an impending volatility explosion in bitcoin (BTC). Still, some crypto traders retain a bias for shorting volatility, that is setting up strategies that bet ...
SoftBank eyes profit after Vision Fund’s US$48bil losses
The Japanese conglomerate is fighting to regain its footing after losing ¥6.9 trillion (US$48 billion) at the Vision Fund investment unit in the last two fiscal years.
Japan’s Nikkei ends higher; Astellas surges on US FDA nod for treatment
Japan's Nikkei share average reversed course to end higher on Monday as investors took a fresh view on strong domestic corporate earnings, while drugmaker Astellas surged on the U.S. approval of ...
One weekend’s TwitX chaos brings threats from Japan; indemnity promises for users; prominent account seizures
Japan’s Ministry of Finance issued a warning late last week regarding an account on the platform formerly known as Twitter that impersonates its top currency official, Masato Kanda, in just one of a ...
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound that’s lifting startup valuations.The ...
Japan’s Nikkei trades flat; Astellas surges on US FDA nod for AMD drug
Japan's Nikkei share average surrendered most of its early losses to trade flat on Monday, as investors took a fresh view on strong domestic corporate earnings, while drugmaker Astellas surged on U.S.
Asia markets poised to fall as investors look ahead to China inflation data
Asia-Pacific markets are set to fall as investors look ahead to China’s inflation figures and trade balance later this week. China will release its trade balance for Tuesday and inflation data on ...
Inside Prague’s Institute of Crypto Anarchy — where they’re plotting to bring down the dollar
Paralelní Polis is an incubator in Prague where digital rights activists and coders come together to talk about decentralized tech.
This Week on Crypto Twitter: SBF Accused of Executing Massive Rug Pull from House Arrest
Speculation about possible Sam Bankman-Fried shenanigans despite strict bail conditions got the week off to a scandalous start.
5 Tips For Crypto Taxes When Being Paid In Bitcoin
It is an interesting time for the crypto sector, with increased adoption and product launches by institutions alongside an ongoing regulatory crackdown in both the United States and abroad. Even with ...
Crypto hedge funds are being hit by shutdowns, lagging returns in 2023
ABOUT 13 per cent of crypto hedge funds have shut down so far this year, as weak performance and difficulties in accessing banking services weighed on the industry, according to data tracked by ...
‘This isn’t some random dude with a duffel bag’: To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical ...