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The Block Is Seeking $10–$15 Million to Revive Its Business After FTX Scandal
- January 7, 2025
- Posted by: John Vibes
- Category: Crypto
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The Block, a prominent crypto media outlet, is in the midst of a critical fundraising effort, aiming to secure $10 million to $15 million to rebuild its business after it was revealed that they were directly funded by FTX.
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John Deaton Offers To Investigate Operation Chokepoint 2.0
- January 5, 2025
- Posted by: newworldfinance
- Category: Crypto
Former U.S. prosecutor and prominent crypto advocate John Deaton has volunteered to lead an investigation into the alleged “Operation Chokepoint 2.0,” a rumored initiative aimed at cutting off crypto companies from traditional banking services. Deaton extended the offer to the incoming Trump administration in a January 4 post on X
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FDIC Discourages Public Blockchain Use by Banks
- January 5, 2025
- Posted by: John Vibes
- Category: Blockchain Technology
Recently unredacted documents reveal that the Federal Deposit Insurance Corporation (FDIC) has discouraged American banks from offering services built on public blockchain networks. This disclosure, obtained by Coinbase through a Freedom of Information Act (FOIA) request, sheds light on the federal agency’s reservations about the use of decentralized and transparent blockchain platforms like Ethereum and Solana.
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IRS Delays New Crypto Tax Reporting Rules
- January 2, 2025
- Posted by: newworldfinance
- Category: Crypto
Good news for crypto investors: The IRS has delayed new tax reporting rules until December 31, 2025,
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SEC Leadership Shake-Up: Democrat Resignations Could Shift Crypto Policy
- November 23, 2024
- Posted by: newworldfinance
- Category: Crypto, Geopolitics
SEC Leadership Shake-Up: Democrat Resignations Could Shift Crypto Policy