CoinShares Seeking to Acquire Valkyrie Crypto Division
CoinShares secured the option to acquire Valkyrie’s crypto unit in November last year. Currently, it is using this option after the listing of Valkyrie spot...
GameStop Abandoning Crypto Gaming, Eliminating NFT Marketplace
This news comes four months following the storied video game retailer dropping its nonfungible token wallet, with GameStop planning to leave the space altogether. GameStop,...
IRS Postpones Enforcing Crypto Tax Rules, Exempts Over $10k Transactions from Tax Obligations
The US Internal Revenue Service (IRS), in an announcement on Tuesday, January 16, confirmed the suspension of the enforcement of tax rules obligating businesses to...
New Report Reveals USDC Wallets Surged by 59% in 2023
Circle native stablecoin namely USDC increased recently witnessed a considerable drop in circulating supply. However, at the same time, the trading volume and demand have...
NEAR Foundation Downsizes 40% Workforce, Eyes Efficient Functioning
The NEAR Foundation announces a 40% workforce reduction, triggering diverse speculations across Web3. The announcement sent shockwaves, given the NEAR Foundation's prominence in empowering protocol...