IRS doubles down on crypto staking taxes — Report
Source: Coin Tegraph The US tax agency denied arguments from a second lawsuit brought by Joshua and Jessica Jarrett over staking rewards. Read Full Article
Read More
Canadian dollar recoups losses as investors assess BoC minutes
Source: Live Mint Loonie trades in a range of 1.4350 to 1.4433 Canada’s economy grows 0.3% in October 10-year yield increases 1.8 basis points TORONTO, Dec 23 (Reuters) – The Canadian dollar steadied against the U.S. dollar on Monday, clawing back its earlier declines, as investors weighed domestic GDP data as well as minutes from…
Crypto Market Sees $1 Billion Outflows—Bitcoin and Select Altcoins Show Resilience
Source: Bitcoinist The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends. However, there was also a series of outflows that amounted to roughly $1…
Crypto.com launches US institutional custody service
Source: Coin Tegraph The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25803482/asus_rog_strix_teaser.png?w=600&resize=600,400&ssl=1 "Asus teases a new RGB-outlined Rog Strix laptop coming next year")
Asus teases a new RGB-outlined Rog Strix laptop coming next year
Source: The Verge Though Asus doesn’t say which Rog Strix models it will introduce, leaked retail listings suggest Asus could reveal new Rog Strix 18 Scar and Rog Strix G16 laptops. While the Rog Strix Scar 18 is rumored to come with up to an Intel Core Ultra 9 285 HX processor and Nvidia GeForce…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24533931/STK438_carbon_capture.jpg?w=600&resize=600,400&ssl=1 "Tech companies want to capture carbon at paper mills and sewage plants")
Tech companies want to capture carbon at paper mills and sewage plants
Source: The Verge Google, Salesforce, H&M and other brands have turned to unlikely allies to help them clean up their carbon pollution: sewage treatment plants and paper mills. The companies joined an $80 million plan to take CO2 out of the atmosphere, though the strategies they’re using have yet to show whether they can have…
Malaysia flags Atomic Wallet as unauthorized operation
Source: Coin Tegraph The wallet service provider was subjected to a more than $100 million hack in 2023. Read Full Article
Wall St futures choppy as investors digest Fed’s rate cut view
Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Qualcomm up after win against Arm in chips trial Lilly gains after weight-loss drug approved for sleep apnea Futures: Dow down 0.27%, S&P 500 off 0.06%, Nasdaq up 0.16% (Updates with prices,…
December market correction drags down crypto ETPs by $17B
Source: Coin Tegraph Despite price corrections, digital asset funds closed the week with positive net flows totaling $308 million. Read Full Article
Activision spells out matchmaking in ranked play for Call of Duty: Black Ops 6 multiplayer
Source: Venture Beat Ranked play is live in Call of Duty: Black Ops 6 multiplayer. And Activision has decided to explain how it works. Read Full Article