States’ backlash against Binance.US continues with 6th license pulled

As a researcher with a background in finance and experience following the cryptocurrency industry, I believe that Oregon’s decision to revoke Binance.US’ license is a necessary step in light of the exchange’s troubled past. The guilty plea by former Binance CEO Changpeng Zhao for violating Anti-Money Laundering laws has raised significant red flags, and it … Read more

Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch

As a researcher with a background in blockchain technology, I’m excited about the upcoming launch of Zeus Network’s Zeus Program Library (ZPL) that aims to connect Solana and Bitcoin ecosystems by Q3 2024. The potential of this cross-chain bridge is significant, as it unlocks a world of opportunities for decentralized applications (dApps) on Solana that … Read more

Proposed US bill wouldn’t allow taxing block rewards at acquisition

As a seasoned crypto investor with a deep understanding of the industry, I welcome this new bill introduced by Representatives Ferguson and Nickel to provide tax clarity for digital asset miners in the United States. The current complex taxation system has been causing confusion, double taxation, and even driving American businesses overseas. Two US legislators … Read more

3 signs hint that Bitcoin price is nearing a bottom

As a researcher with a background in finance and cryptocurrencies, I find the recent Bitcoin (BTC) price crash intriguing. The 11.5% decrease between April 30 and May 1, resulting in $172 million in leveraged long position liquidations, might seem alarming at first glance. However, considering the current macroeconomic conditions and the relatively low number of … Read more