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IRS Releases Guidance, Considers Taxing NFTs Like Other Collectibles
The Treasury Department and the IRS announced that "they are soliciting feedback for upcoming guidance regarding the tax treatment of a nonfungible token (NFT) as a collectible under the tax law," the announcement read.
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Coinbase Offers Multi-Billion Dollar Credit Facility To Circle Following SVB Collapse
Coinbase offered Circle a lifeline, an interesting act considering that the CEX was once Circle's rival, although both now share management and profits of the stablecoin USDC.
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Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse
Industry watchers believe that one of the main reasons behind crypto firms' sudden interest in Swiss banks is because of their clear regulations, something which financial regulators in the U.S. are still arguing about.
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Hackers War: Ronin Bridge Exploiter Tries To Swindle Euler Finance's Attacker
According to a former Ethereum Foundation developer, while the motive behind the message is unclear, it could be an attempt to see if Euler Finance's exploiter would fall for the ploy.
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Sony's NFT Patent Highlights Major Step To Bring PlayStation To Web3
Sony's latest patent filing underlines its push to revolutionize the gaming experience as the world embraces emerging technology.
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