Cryptocurrency News

[ad_1] The US Department of the Treasury and the Internal Revenue Service (IRS) have jointly issued proposed regulations aimed at enhancing transparency and compliance in the digital asset sector. These regulations are set to mandate brokers to report sales and exchanges of digital assets conducted by their customers. The proposed regulations encompass various digital asset […]

[ad_1] The Optimism Foundation and Coinbase-backed layer-2 platform Base eye shared governance of OP Chains. Base will receive 118 million OP token spread over six years. The Optimism Foundation and Base, a Layer 2 on the OP Stack, are looking to cooperate further in the quest to enhance security, scalability and decentralisation in the Optimism

[ad_1] Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. The $1.5-billion Multichain hack

[ad_1] Lawyers defending Sam Bankman-Fried have been granted permission to conduct “unlimited” prison visits to the embattled Founder of bankrupt crypto exchange, FTX, who was jailed earlier this month, according to a court order seen by CoinDesk. The court authorization is to enable them to work with their client ahead of his criminal trial scheduled

[ad_1] A popular Shiba Inu burn tracker has made a significant step in the meme coin’s evolution with the launch of the aptly named SHIB Association, an innovative venture exclusively centered around the Shiba Inu ecosystem.   Newly Launched SHIB Association Unmasked In a rather lengthy X (formerly known as Twitter) post, Shibburn announced the launch

[ad_1] DerivaDAO (DDX), one of the delisted tokens, dipped the most after the announcement. Multichain (MULTI), which has been facing serious setbacks with its bridge will also be delisted. Coinbase regularly reviews its listed crypto assets to ensure they continually maintain the highest standards. Coinbase Assets has announced that it has decided to temporarily halt

[ad_1] The Charles Schwab Trader Sentiment Survey for Q3 reveals a shift in trader expectations towards a more optimistic view of the market environment. After two consecutive quarters of heightened recession anticipation, the latest survey indicates a brighter outlook among traders. Key Findings For the upcoming three months, 44% of traders are bullish about

[ad_1] DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022. Co-founders of Tornado Cash – a fully decentralised crypto mixer based out of Russia – have been charged with money laundering, as per an

[ad_1] Unstoppable Domains (UD) has launched an instant messaging system for owners of Web3 usernames, according to an Aug. 23 announcement from principal engineer Aaron Quirk. Owners of .crypto, .wallet, .polygon or other UD-registered usernames can now message each other across most apps that use XMTP, including the UD iOS app and website, Coinbase Wallet,

[ad_1] Share this article The U.S. FBI has drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities, according to a recent announcement: “Over the last 24 hours, the FBI tracked cryptocurrency stolen by the Democratic People’s Republic of Korea (DPRK)