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Article by Steve Kaaru

Revolut halts US digital asset services, blames evolving regulations
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10 August, 2023

Revolut halts US digital asset services, blames evolving regulations

Revolut says the move will only affect 1% of its customers and that users beyond the U.S. can still enjoy...
Utah mining software firm DEBT Box faces charges over alleged $50M scam
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9 August, 2023

Utah mining software firm DEBT Box faces charges over alleged $50M scam

The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported...
Ryan Kavanaugh: I backed Netflix and Marvel Studios, and now I’m backing blockchain in Hollywood
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9 August, 2023

Ryan Kavanaugh: I backed Netflix and Marvel Studios, and now I’m backing blockchain in Hollywood

The first to strike a media deal with Netflix, and the brain behind Marvel Studios’ revamp, Ryan Kavanaugh is a...
New York couple pleads guilty to the $4.5B Bitfinex hack
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8 August, 2023

New York couple pleads guilty to the $4.5B Bitfinex hack

Ilya Lichtenstein faces a maximum of 20 years behind bars for conspiracy to commit money laundering, while his wife faces...
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
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8 August, 2023

AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs

In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
IRS: Staking rewards are taxable income
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8 August, 2023

IRS: Staking rewards are taxable income

Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...

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