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Defunct cryptocurrency exchange, FTX has settled with the Internal Revenue Service (IRS) on its $24 billion tax case according to a recent report by Bloomberg. To resolve a $24 billion tax demand the Internal Revenue Service (IRS)…

16h30 ▪ 3 min of reading ▪ by Claude B. IBEX Pay, a Bitcoin Lightning Network-based payment company, has announced its withdrawal from the U.S. market. Starting May 31, 2024, the company’s Bitcoin payment services will no longer be…

Table of Contents IBEX Pay decided to wind down its business from the US crypto market citing uncertainty & hostile regulatory environment for this innovative sector.The US jurisdiction is a very big hotspot for the crypto sector,…

Image source, Getty ImagesImage caption, Sam Bankman-Fried was sentenced to 25 years in prison for defrauding customersArticle informationAuthor, João da SilvaRole, Business reporter8 May 2024, 03:01 BSTUpdated 1 hour agoCollapsed…

(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy.Most Read…

Bitcoin proponents talk about the cryptocurrency hitting $1m or even its total value reaching $300tn. The most enthusiastic “apes” claim to have much of their savings in AMC Entertainment Holdings shares and post the #AMC500K…

Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets…

Blockchain firm BTCS will pay dividends in bitcoin to its investors.The Nasdaq-listed company has become the first to offer such a dividend option in U.S. markets.BTCS is still evaluating if future dividends will also be paid out in…

press release PRESS RELEASE. Avalanche has announced the integration of flexible fiat payment on-ramps on their network, thanks to a new integration with Alchemy Pay. Alchemy Pay is a payment solution that bridges fiat and crypto…

In recent years, the landscape of digital transactions has undergone a remarkable transformation, a trend that has continued to accelerate in 2023. This surge in the popularity of cryptocurrency payments and Google searches such as…