Binance (@binance), the largest crypto exchange, celebrates its 7th anniversary with the ‘Be Binance’ campaign. Join in events, contests, and a $7,000 BNB giveaway! Binance serves over 200M users globally with $27B daily trading volume. #Update #Crypto
Robinhood is eyeing crypto futures trading, possibly boosting $DOGE, $BONK, and $KANG. Dogecoin may recover from a 5% dip, while Bonk is up 10%. KangaMoon’s users hit 32K with a 1,900% token surge. #Update
Hackers are exploiting vulnerabilities in older Rejetto HFS versions to install Monero mining malware. AhnLab highlights attacks using XMRig, XenoRAT, and Gh0stRAT. Rejetto warns against using versions 2.3m-2.4. #CyberSecurity #Update
Starting Dec 30, the European Banking Authority will extend the EU Travel Rule to crypto exchanges, mandating reporting on fund and crypto transfers under Regulation (EU) 2023/1113 to boost Anti-Money Laundering measures. #CryptoRegulation
Mt. Gox begins reimbursing creditors after a decade, with payouts in $BTC and $BCH starting July 5, 2024. This marks a major step in resolving one of the largest crypto exchange failures. #CryptoNews
NFT market sees biggest quarter since early 2023, with $4B trading volume in Q2, per @DappRadar. Blur dominates with 31% market share, Magic Eden rises to 22%, and OpenSea leads in sales at 12%. #Update #NFTs
Crypto scammers stole nearly $60M from 20 victims in H1 2024. Phishing attacks hit 260K victims, costing over $300M. Deepfake crypto fraud losses surged to $79.1B since 2022, with a 245% rise in 2024. #CryptoSecurity #Update
U.S. macroeconomic uncertainty drove Bitcoin to a two-month low under $57K. Cooling inflation may soon bolster risk appetite, says Bitfinex’s Jag Kooner. Friday’s NFP report could impact expectations for rate cuts. #Bitcoin #Update
The Senate bill on the calendar could sanction foreign digital asset facilitators, impacting DeFi protocols like @AaveAave and @Uniswap. The bill, with a broad definition, aims to boost oversight without banning major protocols. #crypto #Update
The IRS and Treasury Department have unveiled new crypto tax reporting rules requiring trading platforms to report customer gains and losses, potentially increasing IRS tax income by $28 billion over a decade. #CryptoTax #Update
IRS and Treasury finalize new crypto tax rules, requiring trading platforms to report gains and losses, boosting tax income by $28B over 10 years. Focus on centralized brokers simplifies compliance. Some non-custodial issues remain. #CryptoTax #Update
The IRS and Treasury have finalized crypto tax rules, benefiting investors and potentially increasing IRS revenue by $28B over 10 years. These clear guidelines aid accurate tax filings, though decentralized brokers remain uncovered. #CryptoTax #Update
The IRS and Treasury finalize new crypto tax rules, requiring trading platforms to report gains/losses, expected to increase tax revenue by $28B over a decade. Clear guidelines for custodial exchanges enhance compliance and security. #CryptoTax #Update
The IRS and Treasury Department unveil new crypto tax rules, requiring trading platforms to report customer gains/losses. This could boost IRS tax revenue by $28B over a decade. Industry experts call it a “game-changer.” #CryptoTax #Update
