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Weekly overview

Get ready for a swarm of incompetent IRS agents in 2023

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years. The Internal Revenue Service is hiring 87,000…

Continue ReadingGet ready for a swarm of incompetent IRS agents in 2023

Korean crypto bank partners with Blockdaemon to offer retail staking services

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services,…

Continue ReadingKorean crypto bank partners with Blockdaemon to offer retail staking services

Crypto bug bounty platform Immunefi raises $24M led by Framework Ventures

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks. Web3 bug bounty and security services platform Immunefi has closed a $24…

Continue ReadingCrypto bug bounty platform Immunefi raises $24M led by Framework Ventures

Coinflex plans give 65% of company to creditors as part of restructuring proposal

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares. Cryptocurrency exchange…

Continue ReadingCoinflex plans give 65% of company to creditors as part of restructuring proposal

Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm. Cryptocurrencies have been in a bear…

Continue ReadingTotal crypto market cap shows strength even after the Merge and Federal Reserve rate hike

Blockchain venture capital funding fell to a 12-month low in August

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3. Data from Cointelegraph Research reveals that in August 2022, the blockchain…

Continue ReadingBlockchain venture capital funding fell to a 12-month low in August

Fed interest rate hike rattles the crypto market: Dig deeper with Market Talks

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The Fed has once again increased interest rates by another 75 basis points. Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and…

Continue ReadingFed interest rate hike rattles the crypto market: Dig deeper with Market Talks
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