State Indiana Financial News

28.04 / 20:09

Law regulation IRS Research Taxes Framework Tax law researchers propose IRS framework for deducting crypto losses

Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in the United States. The research concludes with recommendations for the Internal Revenue Service (IRS) that, if adopted, would prevent taxpayers from weighing crypto losses against other capital gains.

26.04 / 12:31

Blockchain Technology defi privacy Democracy Why anonymity is key to self-autonomy — And how crypto helps freedom movements win

In the mid-2010s, the Islamic State was rapidly advancing through Iraq and Syria, conquering territory and terrifying residents. However, one group of Kurds in Northern Syria representing the de facto autonomous Democratic Federation of Northern Syria, in an area known as Rojava, successfully fought back the Islamic State and captured the attention of the world.

26.04 / 12:13

Citi index Midwest Cities Led WSJ/Realtor.com Housing Index in First Quarter

Small cities in the Midwest topped The Wall Street Journal/Realtor.com Emerging Housing Markets Index in the first quarter, a sign that buyer demand for affordable homes remains robust even as activity in the broader market slows.

20.04 / 16:25

regulation Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?

The High Court of Hong Kong has made a landmark ruling by recognizing crypto to be property in a legal matter that involved now-defunct crypto exchange Gatecoin.

06.04 / 09:21

Adoption Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.

31.03 / 14:57

regulation coinbase elon Elon Musk-led petition to halt AI development divides tech community

Tesla CEO Elon Musk and Apple co-founder Steve Wozniak were signatories on an open letter signed by more than 2,600 tech industry leaders and researchers. The open letter called for a temporary halt on any further artificial intelligence (AI) development.

31.03 / 13:19

Blockchain Adoption Web3 Gaming Huobi Ecosystem gala Gala Games Huobi partners Gala Games for L1 and Web3 development

Huobi Global, a cryptocurrency exchange, has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform.

29.03 / 19:39

Law regulation FTX Fried Sam Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report

Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges with millions of dollars he gifted his father from Alameda Research.

28.03 / 20:43

markets Binance CFTC Bitcoin Bitcoin Price Bitcoin price holds its ground in the wake of CFTC case against Binance

The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.

27.03 / 15:03

Target Strategy China’s Economic Coercion Needs Congressional Response, Ambassador Says

TOKYO—U.S. Ambassador Rahm Emanuel called for congressional legislation to protect countries whose economies are targeted by China over political disputes and a global coalition to soften the blow for those countries.

26.03 / 17:11

Africa Crypto Exchange From Dorm Room to $1.75 Billion: 26-Year-Old's Crypto Exchange Takes Africa by Storm

Cryptocurrency exchange Yellow Card has grown to be the largest centralized exchange in Africa since its launch in 2019, with $1.75 billion in transactions facilitated so far.

23.03 / 22:59

UPS Cooper Platform Pool Southern Ex-Morgan Stanley advisor charged with defrauding NBA players out of $13 million

Former Morgan Stanley advisor Darryl Cohen was arrested on Thursday morning for allegedly defrauding current and former NBA players including Jrue Holiday, Chandler Parsons and Courtney Lee.

23.03 / 15:49

Citi Provident Digital XRP CEO Platform Bitcoin expansion regulatory Aussie Crypto Exchange Eyes Hong Kong Expansion Amid Favorable Regulatory Landscape

As the United States grapples with the challenges posed by an evolving cryptocurrency landscape, Asia emerges as a beacon of innovation and opportunity for digital asset businesses.

22.03 / 09:23

Blockchain CBDC Adoption regulation us government Federal Reserve retail US Senator Ted Cruz tries again with new bill to block CBDC

Republican Senator Ted Cruz has introduced a bill to block the United States Federal Reserve from launching a “direct-to-consumer” central bank digital currency (CBDC).

16.03 / 14:13

Blockchain Cooper Platform Software EUR Bitcoin US DoJ Darknet Crypto Mixer Busted: US DOJ Investigation Leads to Seizure of Almost $50 Million – Here's What You Need to Know

The US Justice Department (DoJ) and Europol announced the takedown of ChipMixer, described as "one of the darkweb’s largest cryptocurrency laundromats."

15.03 / 21:55

regulation Department Of Justice Money laundering Department US Justice Department announces charges in connection with ChipMixer takedown

The United States Justice Department announced on March 15 that it was pressing charges against a resident of Hanoi, Vietnam, in connection to the operation of the ChipMixer. The announcement came shortly after it became known that a Europol action led by German law enforcement had closed down the Vietnam-based crypto mixer.

15.03 / 19:57

COST Provident Target BlackRock Immunic NOT Larry Fink: BlackRock is not the 'environmental police'

Asset managers like BlackRock are not «the environmental police,» Larry Fink said in his annual chairman's letter to investors, which was published on Wednesday.

10.03 / 14:25

UPS Twitter BLOCK SVB Crypto VCs ask portfolios to pull funds from Silicon Valley Bank

Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling to reassure clients after moves to shore up its balance sheet spooked investors. The warnings arise as startups in the industry look for viable banking options.

03.03 / 03:17

business Blockchain FTX Bankruptcy FTX presentation shows 'massive shortfall' in firm's assets

Bankrupt cryptocurrency exchange FTX has revealed a "massive shortfall" in its digital asset and fiat currency holdings with billions worth of customer funds missing from both the exchange and its United States-based arm, FTX US.

28.02 / 19:09

Blockchain UPS Digital CEO Bitcoin How Blockchain Revolutionized Modern Warfare: Lessons from Ukraine

On the second day of the Blockchain Economy London Summit, Cryptonews was present at a talk by Patrick Sweeney, the CEO of DaVinci 3.0 and a Wall Street Journal Best-Selling author.

25.02 / 14:35

shiba inu price SHIB shiba Shiba Inu Price Prediction Shiba Inu Time Shiba Inu Price Prediction as $300 Million Trading Volume Comes In – Is It Time to Buy?

The world’s second most popular meme coin, Shiba Inu is slowly approaching solid support around $0.00001210. Bulls are ready for another comeback, this time backed by the launch of Shibarium’s beta launch. Shiba Inu price is in the red because of a bearish wave that has been traversing the crypto market since the previous weekend.

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