NFT BUILDS INC

You have not selected any currencies to display

IRS Hires Private Sector Experts to Navigate Crypto Tax Compliance

  The Internal Revenue Service (IRS) is poised to utilize funding allocated through the Inflation Reduction Act (IRA), a federal legislation aimed at mitigating inflation, to bolster compliance initiatives in emerging sectors, with digital assets being prioritized. Recent developments within the IRS include the recruitment of two seasoned crypto tax specialists from the private sector, […]

Uniswap Founder Alerts Community to ENS Wallet Impersonation scam

  Nick Johnson, the founder and lead developer of the Ethereum Name Service (ENS), weighed in on the recent scam, emphasizing the importance of interfaces refraining from autocompleting names. Hayden Adams, the creator of the decentralized exchange (DEX) Uniswap, raised awareness within the crypto community regarding a fraudulent scheme exploiting Ethereum Name Service (ENS) domains […]

California Voters Embrace Pro-Crypto Candidates in 2024 Elections

California Voters Embrace Pro-Crypto Candidates in 2024 Elections

Crypto The cryptocurrency exchange highlighted data indicating that approximately 8.2 million individuals in California were owners of digital assets, with a significant portion of them likely to support lawmakers with pro-crypto stances.Coinbase, a United States-based cryptocurrency exchange, projected that the influence of crypto-oriented voters in California would be substantial in the forthcoming 2024 elections, drawing

Vast Bank Exits Cryptocurrency After OCC Order, Shuts Down Mobile App

Vast Bank Exits Cryptocurrency After OCC Order, Shuts Down Mobile App

Crypto Vast Bank, an early entrant into the United States cryptocurrency banking space, recently opted for a strategic shift by discontinuing its mobile crypto banking app and announcing its departure from the cryptocurrency industry. The pivotal moment for this decision came in October 2023 when the Office of the Comptroller of the Currency (OCC) issued

U.S. Govt. Survey to Gauge Cryptocurrency Mining’s Energy Impact

U.S. Govt. Survey to Gauge Cryptocurrency Mining’s Energy Impact

Crypto The U.S. Department of Energy (DOE) has initiated a six-month mandatory survey, conducted by the Energy Information Administration (EIA), to comprehensively assess the energy consumption of commercial cryptocurrency proof-of-work mining companies across the country. This imperative data collection aims to establish a “baseline snapshot” of the energy usage within the U.S. cryptocurrency mining industry.The

UAE’s central bank conduct first digital Dirham transfer via mBridge CBDC platform

UAE’s central bank conduct first digital Dirham transfer via mBridge CBDC platform

Crypto The Central Bank of the United Arab Emirates (UAE) executed its inaugural cross-border digital dirham transfer totaling 50 million dirhams (equivalent to $13.6 million) on January 29. This historic transaction, marking the golden jubilee celebration of the central bank’s establishment, was conducted by Sheikh Mansour, the Chairman of the Board.The mBridge platform represents a

X Sparks Cryptocurrency Buzz with Upcoming Payments Feature 2024

X Sparks Cryptocurrency Buzz with Upcoming Payments Feature 2024

Crypto Elon Musk’s X (formerly Twitter), is generating buzz within the crypto community as it gears up for the launch of its payments feature in 2024. The platform has unveiled a dedicated account for this upcoming feature, sparking speculation about the integration of cryptocurrency payments.While the official launch of in-app payment services on the X

Memecoin $Doge bullish as XPayments account gains 100K followers in a day

Memecoin $Doge bullish as XPayments account gains 100K followers in a day

Crypto Traders are once again fueling optimism surrounding Dogecoin, the popular memecoin with a canine theme, as a newly established payments-focused account named “XPayments” gains swift popularity on X, formerly known as Twitter. This account has swiftly amassed over 100,000 followers, propelling DOGE to a weekly high.Experiencing a notable 12.8% surge in a nine-hour timeframe

North Korean Hackers Stole $600 Million in Crypto in 2023

North Korean Hackers Stole $600 Million in Crypto in 2023

Crypto In its latest report, TRM Labs has revealed that hacking groups associated with North Korea, specifically the Democratic People’s Republic of Korea (DPRK), were responsible for approximately one-third of all cryptocurrency stolen through hacks in 2023. The blockchain intelligence firm estimates that North Korean hackers potentially seized up to $700 million in crypto during