The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.” Source: https://cointelegraph.com/news/irs-crypto-reporting-form-us-taxpayers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Adidas Launches Exclusive Doodles Apparel Alongside Pharrell Song
Sportswear giant Adidas has teamed up with Ethereum NFT collection Doodles to sell virtual swag packs that could let buyers claim exclusive physical apparel. The limited-edition collectible packs, each of which includes two items, will be available for purchase until August 16, Adidas and Doodles said Friday in a joint statement. A single pack retails for $4,99, while prices for…
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. […] Source: https://news.bitcoin.com/new-york-federal-reserve-staff-paper-on-tornado-cash-concludes-ethereum-is-not-immune-to-censorship-and-cooperation/
FOMO HOUR 176 – ETH LEADS THE CHARGE
FOMO HOUR 176 – ETH LEADS THE CHARGE ETH leads gains in majors, ETHE outflows slowing. Putin signs crypto mining bill. Tether mints another $250m on SOL. Tether plans to double staff to improve compliance. Turkey sees surge in exchange applications. SEC plans to appeal XRP ruling. Franklin Templeton launches fund on ARB. SUI leads altcoins after Grayscale fund announced.…
Bitcoin Peer-to-Peer Lending: A New Crypto Frontier
Cryptocurrency continues to push the boundaries of finance, with Bitcoin now at the forefront of a new wave of peer-to-peer lending applications. Historically, Bitcoin lacked the smart contract capabilities that other blockchains, like Ethereum, used to revolutionize decentralized finance. However, recent developments are changing the game, enabling Bitcoin holders to leverage their assets in novel ways, including P2P lending. Enabling…
Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI
The program will be open to a limited number of participants initially but will expand at a later date. Source: https://cointelegraph.com/news/anthropic-launches-15-k-jailbreak-bounty-program-unreleased-next-gen-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: Massive inflows to exchanges amid market turbulence
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave. Source: https://cointelegraph.com/news/crypto-biz-massive-inflows-exchanges-market-turbulence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000. Source: https://cointelegraph.com/news/increasing-ethereum-network-use-strengthens-the-case-for-eth-price-rally-to-3k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Boosts AI Predictive Models for Smarter Investments
As the race to dominate the artificial intelligence landscape intensifies, tech giants like Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), and OpenAI are pouring billions into AI development. However, the end-game for AI remains unclear, with various strategies and approaches emerging. Among these, the integration of AI predictive models with cryptocurrency platforms presents a unique opportunity to enhance decision-making processes for…
City of Santa Monica launches Bitcoin Office, plans October festival
The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit. Source: https://cointelegraph.com/news/santa-monica-bitcoin-office-launch-festival?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound