Crypto News
Binance wins dismissal of class action over 2018 tokens that tanked
A federal judge has dismissed a class action complaint asserting Binance violated U.S. securities laws by not registering as a broker-dealer or exchange, and sold crypto tokens which were not registered with the U.S. Securities and Exchange Commission (SEC).
cointelegraph.com
Five Reasons Why Koinly Is the Best Crypto Tax Software
Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world today. These include a wide range of exchange and wallet integrations, DeFi support, Cardano support, support for liquidity transactions, and compatibility with multiple countries.
bitcoin.com
What’s The Difference Between Play-To-Own And Play-To-Earn
Blockchain gaming is an exciting vertical in the cryptocurrency industry. It can help players make money from playing video games through the play-to-earn model. However, various developers explore play-to-own opportunities, elevating the industry’s appeal.
coinpedia.org
Terra founder reveals what will happen to UST if Bitcoin price crashes
Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin would be “negative” for the stability of the UST stablecoin, but that he expects Bitcoin to go up.
cointelegraph.com
Circle Chooses BNY Mellon to Custody USDC Reserves
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion.
bitcoin.com
New York City DOE Serves As Reminder on Encryption – Trust but Verify
Eight hundred twenty thousand – that’s how many NYC students were affected by 2022 hackers who attacked a vulnerability in the school system’s technology infrastructure. The breach occurred in software provided to the school system by ‘Illuminate Education,’ and it resulted in access to names, birthdays, ethnicities and free-lunch statuses, among other items.
dailyhodl.com
Bitcoin and Crypto Market Tank 5% As EU Passes Rules Banning Private Crypto Transactions
After a strong start to the week, Bitcoin and the broader cryptocurrency market are once again facing bearish pressure. The broader cryptocurrency market has corrected 5% losing more than $100 billion in investors’ wealth.
coingape.com
Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion.
bitcoin.com