Andreessen Horowitz (a16z), a hedge fund managing roughly $28 billion, has become one of the major victims of the crypto market crisis that broke out in the spring. Despite the downturn, the company said it remains faithful to “the crypto-centric vision of the internet called Web3.”  In comments to Wall Street Journal in an article about a16z’s crypto involvement published on […]

Summary: The Monetary Authority of Singapore (MAS) published two consultation papers with proposed cryptocurrency regulations geared toward mitigating trading risks and providing efficient oversight for locally issued stablecoins. Singapore’s central bank wants the public to provide feedback on the measures up until December 21, 2022. Wednesday’s announcement comes as the latest effort from authorities to regulate digital assets after a […]

A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact the outcome of the United States midterm elections. Significant numbers of voters are well-disposed toward crypto and want to see it treated as a serious and valid part of the economy, and bipartisanship is strong in the crypto community. The […]

Crypto staking platform Freeway pointed at the failure of one of its trading strategies, along with market conditions as the leading reason for halting user withdrawals earlier this week. The crypto yield platform on Oct. 23 announced it was halting various transactions relating to its high-yield “Supercharger” product, citing “unprecedented volatility” at the time, without giving any more details at the […]

Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab.  Asking participants what they would like to see added to their 401(k) retirement products, the firm found that 46% of Gen Z and 45% of Millennials said they “wish” […]

About TaxBit TaxBit is helping to drive mainstream adoption of digital assets by connecting the consumer, enterprise, and government tax and accounting…About TaxBit TaxBit is helping to drive mainstream adoption of digital assets by connecting the consumer, enterprise, and government tax and accounting…Read More Source: Read Full Article

The United States Department of Justice has announced charges against two Chinese intelligence officers who allegedly bribed a double agent with Bitcoin. In an Oct. 24 announcement, the Justice Department said Guochun He and Zheng Wang had attempted to obstruct the prosecution of an unnamed global telecommunications company based in China, which allegedly involved paying a U.S. government employee roughly […]