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Why Crypto Investors Are 'Asleep at the Wheel' Amid Improving Macro Conditions

With some idiosyncratic crypto catalysts coming forward, macro events can have a big impact on prices in the short term. The macro situation in the US and the Middle East appears to be improving. Crypto traders will be keeping a close eye on Wednesday's timing. Inflation printing. Crypto investors should not shy away from buying … Read more

Animoca Brands' 75% Valuation Markdown on Secondary Market Indicates NFT Exhaustion

Animoca Brands is valued at $5.9 billion in 2022 fundraising. Its value is now trading at $1.5 billion in secondaries, Yat Siu said. “It's just an information mismatch,” the co-founder added. Animoca Brands, a crypto conglomerate and prolific investor, is not asset poor. It had about $3.3 billion in crypto, cash, equities and other assets … Read more

Is this crypto's most creative job yet? Get paid to make memes

Calling all shitposters — crypto brands are hiring meme creators. Candidates should be young and very creative. Creating memes is all in a day's work for crypto degenerates — so why not get paid for it? A “top crypto brand” is looking to hire a meme and content creator, according to Sam Wellalage, an expert … Read more

SEC subpoenas accelerate crackdown on three crypto VCs

News has viewed the first page of the subpoena. The SEC has issued similar subpoenas to at least two other crypto VCs. “It's a natural area of ​​additional enforcement,” the securities attorney said. The US Securities and Exchange Commission has subpoenaed at least three crypto venture capital firms this year, according to a source familiar … Read more

IRS updates crypto tax form, drops wallet address, invites further input

The IRS has posted an updated version of the crypto tax form. This eliminated the space for wallet addresses, among others. US Internal Revenue Service updated Draft Form 1099-DA is used by brokers and taxpayers to report certain sale and exchange transactions of digital assets beginning in calendar year 2025. These forms will be sent … Read more