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Huobi exchange’s sister firm to launch pure BTC, ETH funds in Hong Kong

Huobi exchange’s sister firm to launch pure BTC, ETH funds in Hong Kong

Huobi Tech, the sister firm of the Huobi exchange both owned by chairman Li Lin, is launching three funds that purely invest in crypto assets.

The post Huobi exchange’s sister firm to launch pure BTC, ETH funds in Hong Kong appeared first on The Block.

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IRS clarifies that buying and holding crypto doesn’t require 1040 reporting

A new clarification from the IRS indicates that buying and holding cryptocurrency does not need to be reported on the 1040 form.

The post IRS clarifies that buying and holding crypto doesn’t require 1040 reporting appeared first on The Block.

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Blockchain project LazyLedger raises $1.5 million in seed funding to develop ‘pluggable consensus layer’

Blockchain project LazyLedger Labs has secured $1.5 million in a seed funding round.

The post Blockchain project LazyLedger raises $1.5 million in seed funding to develop ‘pluggable consensus layer’ appeared first on The Block.

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U.S. prosecutors discussing surrender agreement with former BitMEX CEO Arthur Hayes

Arthur Hayes could surrender to U.S. authorities as soon as next month, prosecutors told a New York judge during a February hearing.

The post U.S. prosecutors discussing surrender agreement with former BitMEX CEO Arthur Hayes appeared first on The Block.

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Internet Deplatforming as Class Warfare

Protecting democracy from misinformation and hate speech? More like preventing everyday people from communicating with each other.

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NBA reveals 2021 Rising Stars rosters on NFT platform NBA Top Shot

The NBA has unveiled its 2021 Rising Stars rosters on NFT marketplace NBA Top Shot, the platform announced on Wednesday. 

The post NBA reveals 2021 Rising Stars rosters on NFT platform NBA Top Shot appeared first on The Block.

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Former CFTC chair Heath Tarbert to depart role as commissioner on Friday

The former chairman thanked the his colleagues for two years at the commission in a tweet today.

The post Former CFTC chair Heath Tarbert to depart role as commissioner on Friday appeared first on The Block.

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What caused the ETH flash crash on Kraken?

Quick Take

  • Kraken recently doled out “retention incentives” to users who were affected by a dramatic fall in the trading venue’s price of ETH on Feb 22.
  • So what exactly happened on Feb 22? 

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Bitfinex launches payment gateway for merchants to accept crypto

Crypto exchange Bitfinex has entered into the payments space with a new service called Bitfinex Pay.

The post Bitfinex launches payment gateway for merchants to accept crypto appeared first on The Block.

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Crypto ATMs ‘increasingly’ used to launder money, according to DEA report

However, such machines are most likely unlisted from coin monitoring sites and hidden from the general public. 

The post Crypto ATMs ‘increasingly’ used to launder money, according to DEA report appeared first on The Block.

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