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The White House's proposed budget will include a provision to close tax loss harvesting on crypto transactions, with the change expected to raise up to $24B (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: The White House’s proposed budget will include a provision to close tax loss harvesting on…

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Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe, and Gemini suspend business operations with Silvergate, which reported being "less than well-capitalized" (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe, and Gemini suspend business operations with Silvergate, which reported…

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100+ BTC was moved out of cold storage wallets tied to QuadrigaCX, the exchange that went bankrupt after its CEO allegedly died, claimed to be inaccessible (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: 100+ BTC was moved out of cold storage wallets tied to QuadrigaCX, the exchange that…

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Crypto lender Nexo says it will exit the US market altogether in the coming months and immediately halt access to its Earn Interest Product in eight states (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: Crypto lender Nexo says it will exit the US market altogether in the coming months…

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SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and "run on the bank" reduced it to $9B ahead of the bankruptcy (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market…

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Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with "dozens" of regulators, and estimates creditors at over 1M (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with “dozens”…

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The Securities Commission of the Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: The Securities Commission of the Bahamas says it didn’t order FTX to reopen withdrawals for…

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BlockFi pauses withdrawals and asks users not to deposit to its wallet or interest accounts, saying it can't operate normally amid "lack of clarity" around FTX (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: BlockFi pauses withdrawals and asks users not to deposit to its wallet or interest accounts,…

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FTX US tells users to close out positions as it may halt trading in days, hours after SBF said FTX US is "100% liquid"; some Tron-linked tokens can be withdrawn (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: FTX US tells users to close out positions as it may halt trading in days,…

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Coinbase requests to file an amicus brief to support Ripple's case against the US SEC, which sued Ripple for allegedly selling XRP as an unregistered security (Nikhilesh De/CoinDesk)

[ad_1] Nikhilesh De / CoinDesk: Coinbase requests to file an amicus brief to support Ripple’s case against the US SEC,…

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