Beyond the Octagon, Guido Cannetti fights Argentina’s 78% inflation rate with USDC stablecoin. Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday....Continue Reading

IRS rules weren’t ready for the Ethereum upgrade. It’s unlikely to become the fiasco that taxpayers experienced when Bitcoin forked in 2017, but there are measures they can take to prepare for whatever the IRS decides. After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax...Continue Reading

BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives. Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100.  Unfortunately for bulls, the positive momentum...Continue Reading

Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation. Japan is expected to enact new rules on money transfers to prevent the use of crypto for money laundering, according to local news agency Nikkei. The changes will bring Japan up-to-date...Continue Reading

The soon-to-be former president said he would continue to assist CEO and founder Sam Bankman-Fried “to ensure FTX ends the year with all its characteristic momentum.” The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few months. In a Sept. 27 announcement...Continue Reading

Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain. Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. dollar has room to run — trader Data from Cointelegraph Markets Pro and...Continue Reading

Revolut had been the last ‘holdout’ out of 12 companies originally granted FCA temporary registration to continue offering crypto services in March. The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the country. In a Monday update...Continue Reading

Multi-party computation, or MPC, is a subset of cryptography that distributes computation across multiple parties. Multi-party computation (MPC) developer MPCH Labs has concluded a Series A funding round totaling $40 million ahead of the planned launch of its Fraction digital asset operating platform later this year.  The funding round was led by Liberty City Ventures,...Continue Reading

Integration will roll out before the end of 2022, enabling General Message Passing on Sui blockchain. The proof-of-stake (PoS) blockchain Axelar and the infrastructure company behind Sui blockchain, Mysten Labs, disclosed a partnership on Sept. 27 to deliver cross-chain communication for developers through General Message Passing, aiming to advance the prospect of a “super DApp.”...Continue Reading

“I am very sorry about the difficult financial circumstances members of our community are facing,” writes Mashinsky. According to a new press release published on Tuesday, Alex Mashinsky, CEO of troubled crypto lender Celsius Network, has resigned effective immediately. In explaining the decision, Mashinsky wrote:  “I regret that my continued role as CEO has become...Continue Reading