Tether Will Block Assets Linked to Sanctioned Entities
Tether, the issuer of the USDT stablecoin, has announced that it will freeze addresses associated with sanctioned entities.
Mt. Gox Trustee Updates Repayment Data
Following a recent update from the trustee of hacked cryptocurrency exchange Mt. Gox, users impacted by the hack have received more promising news regarding compensation for their lost funds.
Weekly Inflows into Crypto Funds Reach $206M: Report
According to the latest report from CoinShares, there was a decrease in crypto investments through asset management firms.
NFT Marketplace Magic Eden Rolls Out a Platform for Runes
On Monday, Magic Eden launched their new platform for Bitcoin Runes, called the Runes Platform.
IRS Releases Draft Form for Reporting Digital Currencies Sales
The IRS has released an initial version of a tax form for intermediaries and exchanges to report specific sales of digital assets.
Trading Volume on Largest Exchanges Rises 200%
According to Tokeninsights, Bybit, Binance, and OKX were the top three exchanges in terms of trading volume in the first quarter of 2024.
JPMorgan: Bitcoin is a Scam
JPMorgan CEO Jamie Dimon stated that Bitcoin lacks the necessary qualities to be considered a currency.
