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Crypto News
IRS Releases Revised Crypto Tax Form for US Taxpayers
The Internal Revenue Service (IRS) has taken a step towards easing the crypto tax reporting burden for US taxpayers. The agency has released an updated draft of!-->…
Bitfarms Stock Surges as Q2 Loss Narrower Than Forecast
Canadian Bitcoin mining company Bitfarms has announced better-than-expected second-quarter earnings, sending its stock price soaring by nearly 22%. The company's!-->…
Hackers Can Steal Bitcoin with New ‘Dark Skippy’ Method
Security researchers have uncovered a critical vulnerability in Bitcoin hardware wallets, dubbed "Dark Skippy," which could potentially allow hackers to extract!-->…
Crypto Trading Fuels 161% Revenue Boost for Robinhood
Robinhood, the popular online brokerage platform, has reported a significant increase in cryptocurrency transaction-based revenue for the second quarter of 2024.!-->…
XRP Price Explodes 26% on Ripple SEC Case Win
The price of XRP experienced a dramatic surge of 26% following a significant development in the ongoing legal battle between Ripple Labs and the Securities and!-->…
Ripple Labs Faces $125M Fine for Unregistered XRP Sales
In a landmark decision, a federal judge has ordered Ripple Labs to pay a $125 million civil penalty for violating US securities laws. However, the ruling also!-->…
CoinDCX Launches Protection Fund for Indian Crypto Users
In a significant move to bolster investor confidence, CoinDCX, one of India's leading cryptocurrency exchanges, has introduced the Crypto Investors Protection Fund!-->…
Solana Outperforms Ethereum Amidst Market Turmoil
The recent cryptocurrency market crash has led to a surprising shift in the dynamics between Solana and Ethereum, with the SOL/ETH ratio reaching a new all-time!-->…
Binance Sees Record $1.2B Inflows
The dramatic cryptocurrency market crash on August 5th, which saw Bitcoin plummet by 10% and Ether by 18%, unexpectedly fueled a surge in trading activity and!-->…
Binance Faces $86M GST Tax Demand from India
The Indian government's stance on cryptocurrency continues to evolve, with a recent move raising the stakes for offshore crypto exchanges. Law enforcement agencies!-->…