Latest from Cheyenne Ligon
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The IRS currently taxes cryptocurrencies generated through staking as income,
Neopets Pitched a Metaverse Pivot. Fans Balked
For many Neopets fans, an effort to bring the early-aughts classic into Web 3 is throwing up red flags.
New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
More NFT wash traders lost money than made money in 2021, according to the blockchain research firm’s data.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
By joining COPA, Meta’s “core crypto technology patents” will hopefully avoid future litigation.
A Struggling South Korean Museum Is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them
The Gansong Art Museum will be auctioning the sculptures, which the DAOs hope to keep on public display.
Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis
According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.
Ex-CFTC Chair Chris Giancarlo Joins Digital Asset’s Board of Directors
The former regulator will advise the company on a variety of subjects, including asset tokenization, distributed ledger technology and regulatory developments.
Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
The decentralized predictions marketplace received a $1.4 million fine from the Commodity Futures Trading Commission.
LIVE BLOG: Congressional Hearing Puts Crypto Energy Use in the Crosshairs
Follow along as CoinDesk reporters provide updates.
Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
The FSB raided 25 residences, seizing approximately $6.8 million in various currencies including cryptocurrencies.
