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Taxes and Music NFTs: A Match Made in Hell?

U.S. Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.

Crypto Market Slides After Genesis Withdrawal Halt, and Big Investors Hunt for B...
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from...

These Crypto Market Makers Were Wary of FTX Before Collapse
B2C2 and Kairon Labs had concerns about the exchange and its sister firm Alameda Research before liquidity concerns hit headlines.

Esports Giant TSM Suspends $210M Partnership with FTX
It’s the latest sponsorship deal to fall through since the troubled crypto exchange’s surprise bankruptcy filing last week.

US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attent...

Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on d...

Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regul...
Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than C...

The FTX Collapse Looks an Awful Lot Like Enron
Because they were actually related entities, Alameda and FTX were able to falsely pump asset values and harvest leverage. Jeffrey Skilling w...

DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbit...
MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer.

Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX...

The End of the 'Centralization Era' in Crypto
The thorns of centralization may be well-due for a snip.

StarkWare Deploys StarkNet Crypto Token on Ethereum Blockchain
The tokens are not yet available for sale.

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX
The exchange sent a five page document outlining the sequence of events that led to the FTX collapse to UK lawmakers.

Grayscale Declares 'Business as Usual' Despite Sister Company Genesis Global Cap...
Grayscale said that "Genesis Global Capital is not a counterparty or service provider for any Grayscale product."

Crypto Can De-Escalate the Tax War

Top House Committee to Hold Hearing Into FTX Collapse
The House Financial Services Committee will hold a hearing on FTX's collapse next month.

Use Your Crypto Losses to Turn the Tables Against the IRS

What Are Utility NFTs?
This type of NFT links rewards and experiences to digital assets.

Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil
The company has integrated with the government’s payment system Pix and begun allowing crypto purchases with Brazilian reals.

Temasek Prepares to Write Off as Much as $300M Invested in FTX: Bloomberg
Singapore's state investment fund Temasek is preparing to write off between $200 million and $300 million which it invested in bankrupt cryp...

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