The White House under the President Biden administration wants to impose a 30% punitive tax on crypto mining operations, citing the environmental impact of mining as justification for these taxes even if it harms the cryptocurrency market as a whole.
Author: Atiq Ur Rehman
Atiq Ur Rehman
Atiq is a Electronics Engineer with a passion for writing about disruptive technologies, including blockchain. With a deep understanding of the technical aspects of emerging technologies and their potential to transform industries, this author brings a unique perspective to the world of cryptocurrency and blockchain.
The hyped AI chatbot ChatGPT has accused Binance CEO Changpeng Zhao of ties to the Chinese Communist Party (CCP) in what the crypto exchange believes to be a disinformation campaign against the company.
A US Federal court has ordered South African national, Cornelius Johannes Steynberg, CEO of the company Mirror Trading International (MTI), to pay a record of $3.4 billion in penalties for operating an international Bitcoin fraudulent scheme Mirror Trading International (MTI).
Smart contract auditor Certik is planning to compensate the victims of the zkSync decentralized exchange (DEX) Merlin rug pull incident, where rouge developers drained about $2 million in users’ funds. It is important to recall that Certik audited Merlin DEX.
Binance-Voyager’s $1.2 billion assets purchase deal has finally been canceled as Binance US has backed out of the agreement citing regulatory suffocation.
The US cryptocurrency company and exchange giant, Coinbase, has sued SEC to seek regulatory clarity for the crypto industry after the securities regulator failed to respond to an early rulemaking petition.
Cryptocurrency exchange company, KuCoin’s Twitter was hacked for a brief period, resulting in a loss of $22,628 from several users due to some fake activity posted on the account.
The most popular cryptocurrency wallet, MetaMask (MM), has rejected the claims that a recently discovered $10 million wallet-draining exploit was a MetaMask-specific exploit.
Dash (DASH) community has rejected the US Securities and Exchange Commission (SEC) claims (p. 39, 40) on the Bittrex regulatory crackdown case that labels DASH as an unregistered security.
Solana Labs, the company behind the Solana blockchain ecosystem, has unveiled its landmark crypto-first Android smartphone Saga which will be available for the public from May 8th.