In a class-action lawsuit brought against him in Florida, Sam Bankman-Fried, the ex-CEO of FTX cryptocurrency exchange, has reached a settlement with a band of cryptocurrency users. In a court document submitted on April 19, 2023, to the Southern District of Florida, the plaintiffs involved in the 2022 lawsuit against FTX influencers disclosed that they … Read more
starting in 2026, the IRS, which is responsible for taxation in the United States, has prepared a draft of a new form named Form 1099-DA. This form is intended for reporting income derived from digital asset transactions with brokers and is anticipated to be employed in 2025. A broker is required to file a Form … Read more
Crypto-analyst bets SOL could hit $1k and outshine ETH in this cycle ETH proponent believes the altcoin could climb as high as $10k On social media platform Crypto-Twitter, the discussion between Solana (SOL) and Ethereum (ETH) supporters has resurfaced once more. It’s a common topic of debate: which token will outshine the other during this … Read more
According to Sasha Plotvinov, founder of Open Builders, the viral Telegram game Notcoin effectively addressed the challenge of introducing cryptocurrencies to Telegram users. In January, Notcoin, the new crypto game, saw an unprecedented number of sign-ups – a total of 20 million – within just 26 days after its launch. This surpassed the record set … Read more
In the rapidly evolving world of cryptocurrencies, Sergey Nazarov, the co-founder of Chainlink – a prominent blockchain oracle platform – offered insights into potential trends that could fuel further growth in the crypto market. At the Token2049 conference in Dubai, Nazarov spoke with CryptoMoon about potential advancements in the crypto ETF market and the factors … Read more
At the Token2049 conference held in Dubai on April 20, Barnaby Hodgson from BlockDaemon shared his insights about the future of the blockchain and cryptocurrency industry. In spite of an unusual storm that brought heavy rainfall not witnessed in the UAE for about 75 years, people managed to attend despite the challenging weather conditions. Hodgkins, … Read more