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Justin Sun Elected as Prime Minister of Liberland Micronation

Justin Sun Elected as Prime Minister of Liberland Micronation

Liberland was established on April 13, 2015, by Czech libertarian politician Vít Jedlička in a region between Croatia and Serbia. Tron founder Justin Sun has been elected Prime Minister of Liberland, a micronation between Croatia and Serbia, following the nation’s October 5 elections. In addition to Sun, Liberland announced that entrepreneur Evan Luthra, journalist Jillian […]

US IRS Hit with Lawsuit Over New Crypto Staking Tax Policy

US IRS Hit with Lawsuit Over New Crypto Staking Tax Policy

Josh Jarrett questions the US IRS’s tax policy for crypto staking rewards, suggesting they should be taxed only upon sale, not receipt. The U.S. Internal Revenue Service (IRS) is once again facing legal action concerning its policy on taxing cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett, supported by Coin Center, filed a new lawsuit challenging […]

US SEC Sues Cumberland DRW of $2B Unregistered Crypto Sales

US SEC Accuses Cumberland DRW of $2B Unregistered Crypto Sales

US SEC has charged Cumberland DRW with violating securities laws by transacting over $2 billion in crypto assets as an unregistered dealer. The U.S. Securities and Exchange Commission (SEC) has charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in the crypto asset market. The SEC alleges that Cumberland carried out over $2 billion in […]

BitMEX Launches Automated Trading Bots for Crypto Trades 

BitMEX Launches Automated Trading Bots for Crypto Trades 

BitMEX, a cryptocurrency exchange, has launched automated trading bots that may be customized for various trading approaches.  Seychelles-based cryptocurrency exchange BitMex is expanding its offerings with the launch of automated trading bots that enable users to implement customizable strategies for trading. BitMEX stated in a news release dated October 10 that the tool known as […]

Agora to use Wormhole for AUSD Cross-Chain Expansion

Agora to use Wormhole for AUSD Cross-Chain Expansion

Stablecoin issuer Agora has chosen Wormhole to serve as the interoperability hub for their stablecoin, AUSD.  In order to grow the stablecoin over different blockchain networks, the cryptocurrency firm Agora—which garnered millions of dollars in funding led by Dragonfly—has chosen the cross-chain protocol Wormhole as its primary interoperability supplier for AUSD. AUSD, which is presently […]