Current Financial News

Several Coin Market Cap’s senior members resign

    Several Coin Market Cap’s senior members resign

The interim CEO of Coin Market Cap, Carylyne Chan, has left the company, according to Decrypt. She devoted two years and three months to the firm. Then, she resigned four

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The Bank of Korea is looking for a consulting company to boost CBDC pilot

    The Bank of Korea is looking for a consulting company to boost CBDC pilot

According to The Korea Times, The Bank of Korea (BOK) is looking for a consulting firm. The firm will be assisting it with building the architecture for the bank’s CBDC

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IRS publishes a new memo on taxing cryptocurrency

    IRS publishes a new memo on taxing cryptocurrency

The US Internal Revenue Service (IRS) has published a new memo on August 28. The memo states that cryptocurrency is considered taxable income even when people earn it from conducting

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Binance places ads at London bust stops

    Binance places ads at London bust stops

Binance, the largest cryptocurrency exchange launched in 2017, has placed Bitcoin ads at bus stops in the UK’s capital. According to Coin Telegraph, citing the tweet by Binance the company

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Ripple is facing a lawsuit for trademark infringement

  Ripple is facing a lawsuit for trademark infringement

New Payments Platform Australia (NPPA) is suing Ripple Labs Inc. for alleged trademark infringement. According to news.bitcoin.com, the Australian platform

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Another 51% attack on Ethereum Classic is the third in just one month

  Another 51% attack on Ethereum Classic is the third in just one month

Ethereum Classic has suffered from another 51% attack. It is the third of its kind that happened to the cryptocurrency

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AI might be used for tracking hackers

  AI might be used for tracking hackers

Amidst the rising instances of cryptojacking attacks, Artificial Intelligence (AI) might play a role in detecting and catching the hackers,

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Coronavirus cases increase again in Europe

  Coronavirus cases increase again in Europe

After the economies slowly started reopening after slowing down the infection load, it seems that the coronavirus cases continue to

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The largest marketplace on darknet remains offline

  The largest marketplace on darknet remains offline

One of the most popular marketplaces on the darknet, Empire Market, went offline on August 22, according to Coin Desk.

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Cryptocurrency holders received tax warnings from IRS

  Cryptocurrency holders received tax warnings from IRS

IRS (The US Internal Revenue Service) has decided to make sure that all cryptocurrency holders comply with the existing taxes.

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