Since Elon Musk’s takeover in October 2022, social media platform X has introduced monetization for content creators and subscription models, aiming to become an “everything platform.” However, there are no plans for accommodating crypto enthusiasts on the platform.
ConsenSys is urging the US Internal Revenue Service (IRS) to postpone the implementation of new crypto tax reporting regulations.
The spike in the volume can be partly attributed to the increase in demand for stablecoin in a period when the crypto market is experiencing a downturn.
Kraken’s lawyer, Matthew Solomon, challenged the SEC’s approach of treating the exchange as a unified “ecosystem” with all tokens as investment contracts. He stressed the fair, consistent application of regulations to crypto assets.
Bitcoin (BTC) price has signaled further market correction as investors show midterm disinterest in the crypto space.
With Ethereum exchange-traded funds (ETFs) expected to hit the market this year, Bitwise, a leading crypto asset manager, has begun advertising these upcoming investment products in anticipation of their official debut.
Binance has unveiled its integration of the industry’s largest stablecoin Tether (USDT) on The Open Network (TON).
Arthur Hayes said that Japanese banks engaged in USTs will start selling the bonds, resulting in “another pillar of the crypto bull market.”
LayerZero, a cross-chain interoperability protocol, has faced significant controversy with its newly launched token, ZRO.
The ruling dismissed four of the five claims in the class action lawsuit against Ripple which were termed as “failure to register claims”.
Cryptocurrency exchange Bybit has announced the launch of its new service, Copy Trading Pro, allowing users to explore opportunities beyond its spot market.
The Swiss National Bank (SNB) was to close its ongoing wholesale CBDC program by June 30, but more institutions will join the pilot project instead.
Crypto analyst Josh Olszewicz believes the recent price action positions Solana for further losses.
According to data from DefiLlama, as of Thursday, June 20, the TON blockchain has over $620 million in total value locked (TVL).
ConsenSys has confirmed its plans to continue its lawsuit against the SEC as founder Joseph Lubin reiterates the need for regulatory clarity.