Coinbase legal chief expresses concern over IRS crypto tax reporting rules’ impact on industry
The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026.
Coinbase
Report: US Government Holds Over $5 Billion in Bitcoin, Ranking Among the Largest Hodlers
The $5 billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger.
JPMorgan highlights increased centralization as Ethereum staking gains popularity
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve.
Tim Draper, Hall of Flame, claims US government ruined his $250K Bitcoin price forecast
Tim Draper’s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad.
Vitalik Wallet Transfers 400 ETH Valued at $600K to Coinbase
A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase.
Hodler’s Digest: Paxos Initiates $500K Bitcoin Fee, FTX Tokens Sales Commence, and More News from Sept. 10-16
Paxos makes a mistake, pays $500k in Bitcoin transfer; FTX receives court approval for token sales, and Gemini Earn users receive plan for fund recovery.
Hashdex’s mixed Ether ETF filing joins the race for crypto ETFs on Nasdaq.
Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by Toroso Investments.
Gracy Chen: A Bitcoin ETF Enthusiast and Worldcoin Doubter
Gracy Chen is managing director of crypto exchange Bitget and judge of Web3 reality show Killer Whales.
Multiple ETH price metrics decline, putting $1.6K support at risk for Ether price
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support.
DeFi hacks on the rise as Balancer protocol exploited for $900K: Finance Redefined
DeFi exploits resulted in losses of over $16 million in August.