Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations
Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting.
SEC Chair Indicates FTX Revival, FTT Rallies
U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally. Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange and CEO of digital asset exchange Bullish, Tom Farley.
Blockpit Acquires Rival Tax Platform Accointing to Improve EU Crypto Tax Services
Blockpit, an Austria-based crypto tax service provider, has acquired its rival platform Accointing from the crypto data company Glassnode. This acquisition positions Blockpit to align with the upcoming EU tax regulations, known as the Eighth Directive on Administrative Cooperation (DAC8). According to Blockpit, they completed the acquisition as a “multi-million-dollar” deal, all cash and no share swap. Blockpit […]
Binance to List Ordinals (ORDI) in ‘Seed Tag’ Section, Token up Nearly 49%
Crypto exchange giant Binance announced that it will list Ordinals (ORDI) with new spot trading pairs available as of 10 a.m. UTC on November 7. Upon listing, Binance will offer spot trading pairs, including ORDI/BTC, ORDI/USDT, and ORDI/TRY. Withdrawals for ORDI are scheduled to open at 6:30 a.m. UTC on November 8. In addition, Binance plans to […]
Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%
Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%.
Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry.
Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally
Bitcoin has already breached $38,000 on crypto exchange Bitgamoas the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).
BTC prices surges on false rumors of Bitcoin ETF approval
Bitcoin rallied to $30,000 on rumors that the Securities and Exchange Commission (SEC) has approved the iShares Bitcoin spot ETF.
Liquid Staking Solution Lido Winds Down Solana Staking Following Community Vote
Lido Finance, a decentralized liquid staking platform, is ending its Solana (SOL) operations after the DAO community voted in favor of sunsetting the Lido on Solana protocol.
Bank of America and SAP Veterans to Lead Crypto Infrastructure Firm Taurus’ European Drive
Swiss institutional crypto infrastructure firm Taurus SA has been expanding its presence in Europe with the opening of two new offices in the United Kingdom and France.