IRS prepares for an increase in crypto cases in the upcoming tax season

The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community. According to a report from Bloomberg Law, the... Read more »

Arbitrage traders make over $6.5M from Gala Games scare

The Gala Games community suffered a scare late Nov. 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset’s value by nearly 30%. While blockchain security... Read more »

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take... Read more »

The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto

On this week’s episode of Market Talks, Cointelegraph welcomed Jake, or “KJ” — also known as “Korean Jew Crypto” on Twitter — the founder of The Trading Dojo, a platform that provides... Read more »

Standard Chartered invests in JPMorgan blockchain platform

Multinational investment bank Standard Chartered  announced a financial commitment to JP Morgan-backed blockchain protocol, Partior.  With the investment, Partior will gain support from the financial institution to enhance its international outreach. This... Read more »

US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years

Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration... Read more »

Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning

Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trading range forms with $20,000 at center... Read more »

Why Do Solana DeFi Protocols Keep Getting Exploited?

Key Takeaways Solend, another Solana DeFi protocol, has been exploited through a price oracle attack for $1.26 million. The attack follows last month’s Mango Markets exploit that saw $100 million stolen. Protocols... Read more »

Natural Gas Price Hike Hits Crypto Miners in Iran

Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set... Read more »

Polygon surges 10% following Instagram integration announcement

Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing... Read more »