The Bank of England’s regulatory arm requests the crypto info from UK firms in order to assess stability and set policy. Source link
Coinbase
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Coinbase
Texas investor sentenced to two years after hiding BTC gains from taxman
by Warren Payneby Warren PayneAccording to the DoJ, Frank Richard Ahlgren III “falsely underreported capital gains” earned from BTC worth $3.7M between 2017 and 2019. Source link
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Coinbase
‘Someone is trying to ruin my Friday’ says Gate.io CEO after hack rumors
by Warren Payneby Warren PayneNews that the Gate.io crypto exchange was hacked spread online this morning after a source that did “zero checking” shared the news. Source link
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Coinbase
Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty
by Warren Payneby Warren PayneTether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings. Source link
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While keen to avoid being labeled as a stablecoin, Ethena’s USDe is being used as such across some of DeFi’s biggest players. Source link
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On January 1 next year, the FASB will change an accounting rule regarding the treatment of bitcoin that will benefit MicroStrategy. Source link
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Coinbase
Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global
by Warren Payneby Warren PayneJustin Sun-affiliated BiT Global sued Coinbase over its decision to delist WBTC and favor its own competitor, cbBTC. Source link
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Catly founder Kevin Yeung previously planned to launch two blockchain games and sunk $2.5M into a cat-themed project called Alien Meow. Source link
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Coinbase
Aave could leave Polygon over plan to use bridge funds for yield farming
by Warren Payneby Warren PayneAave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million. Source link
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Coinbase
You’re not gonna make $50K in PENGU by buying and returning Pudgy toys
by Warren Payneby Warren PayneIt’s been claimed that bulk-buying $20,000 of Pudgy merch could net a $50,000 profit for anybody willing to put in a bit of extra leg work. Source link