Cryptocurrency Daily Roundup – May 23

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. New York Supreme Court Grants Bitfinex Stay Of Document Demands From NYAG Cryptocurrency exchange Bitfinex, and its affiliated stablecoin issuer Tether, announced that the New York Supreme Court has granted its motion for an immediate stay of the document demands from […]

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Cryptopia Cryptocurrency Exchange Employs Liquidators

New Zealand (NZ)-based cryptocurrency exchange Cryptopia Ltd recently appointed two liquidators, David Ruscoe and Russell Moore, from one of the globe’s biggest professional firms that offer assurance, tax and advisory services. Cryptopia lost over $18 million to hackers in a period of just two weeks. This was around 9.4% of its total holdings. Some security experts believe that the North […]

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Cryptocurrency Daily Roundup – May 8

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. Over 300 Bitcoin ATMs opened in April 307 new Bitcoin ATM machines (BATM) were installed across the world last month, according to Coin ATM Radar. With 99 machines closing in the same period, a total of 4703 BATMs are currently operational. […]

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Most Crypto Traders are Concentrated in the US, Report Says

It seems that the good ol’ USA is the new center of the crypto-trading universe. According to a recent report from Estonian crypto research firm DataLight, most of the world’s cryptocurrency traders are located in the United States. DataLight collected and analyzed data from the top 100 “most popular” cryptocurrency exchanges to find that 22 million monthly visits to these […]

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Coinbase Received Funding from Tenis Star Serena Williams

Renowned tennis player Serena Williams recently revealed that she has invested in the US-based crypto exchange Coinbase. The funding came through her venture firm called Serena Ventures and along with the digital asset exchange, the fund has invested in an array of other startups, most of which belong to fitness, fashion, and food industry, Williams revealed through an Instagram post. […]

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Binance to Launch Its Singapore Exchange Next Week

The global crypto exchange is set to launch its Singapore-based fiat-to-crypto trading platform next week, according to Coindesk. The prospect of the new exchange was first announced by Binance’s CEO Changpeng Zhao at the Deconomy event in Seoul earlier this month. It is in line with the exchange’s ambition to open a crypto exchange in every country. Discover Barcelona Trading […]

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CryptoTrader.Tax Integrates With Intuit TurboTax For Easier Crypto Tax Filing

Cryptocurrency-focused tax software CryptoTrader.Tax integrated its software with American tax software Intuit TurboTax platform to make it easier for consumers to calculate crypto-trading gains and losses and for easy tax filing. As per the Internal Revenue Service (IRS) guidelines for reporting digital asset gains, virtual currency is treated as property for U.S. federal tax purposes. General tax principles applicable to […]

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Crypto Exchange Coinbase Now Offers International XRP And USDC Payments

Crypto exchange and wallet Coinbase is offering a new payments service that allows users to “send money to any user with a Coinbase account around the world using XRP or USDC.” The new international payment service is available to Coinbase users in any supported country, including India, Mexico, and the Philippines. It offers “zero fee” dealings for Coinbase-to-Coinbase transfers and […]

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