Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July
Bitfarms Ltd., a global vertically integrated Bitcoin mining company, has released its Bitcoin (BTC) production and mining operations update for July 2023. The report,...
U.S. IRS Clarifies Taxation on Crypto Staking Rewards
The United States Internal Revenue Service (IRS) has issued a ruling that clarifies the taxation of cryptocurrency staking rewards. According to Revenue Ruling 2023-14,...
South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions
South Korea is advancing its efforts to implement a central bank digital currency (CBDC) by narrowing down three potential regions for a pilot project....
Binance Secures First Operational MVP License from Dubai’s VARA
Binance has achieved a milestone by becoming the first crypto exchange to receive an Operational MVP License from Dubai's Virtual Assets Regulatory Authority (VARA)....
Coinbase Layer 2 Blockchain Saw An Inflow Of Meme Tokens
Last updated Jul 31, 2023 Ethereum Layer-2 scaling network Base saw an inflow of huge numbers of meme tokens and also people are showing interest...
Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis
On July 28, 2023, the Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart, Kansas, appointing the Federal Deposit Insurance...
