Newsletter Aug 28, 2023
Biden Administration Unveils New Tax Proposal That Exempts Miners But Not Some DeFi Platforms

The Treasury Department published an almost 300-page proposed rule Friday as its response to the 2021 Infrastructure Investment and Jobs Act, which requires cryptocurrency brokers, including exchanges and payment processors to report new information on users' sales and exchanges of digital assets


Is Crypto's Latest Craze Dead? Friend.tech Activities And Fees Tank Just Weeks After Launch

Friend.tech is a decentralized social media app with a crypto twist. Essentially, every user here has their own chat group where they need to buy keys to enter into other people's private group chat. If and when users decide to leave that group chat, they can sell those keys to other users.


Shytoshi Kusama Announces Reopening Of Shibarium To Public; Shiba Exec Explains Why SHIB Didn't Moon

Even before the announcement's release, Shibarium already "accumulated over 65,000 wallets and 350,000 transactions" and "thousands of tokens" described as "fun, unusual and sometimes offensive."

Tornado Cash Co-Founder Roman Storm Out On Bail Following Arrest On Money Laundering Charges

Storm was arrested Wednesday on money laundering and several other charges, including allegedly operating a crypto scheme that was said to have helped North Korea launder billions of dollars.

Europe Beats US In Bitcoin ETF Race, Now On Euronext Amsterdam

Following the approval of the GFSC in October 2021 and the delay of the planned launch last year, London-based Jacobi Asset Management announced the listing of Bitcoin ETF on the platform Euronext Amsterdam this week.

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