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IRS proposes unprecedented data-collection on crypto users

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The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers.

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Coin Market

US interest rate cut in December rises to 74.5% probability: Fedwatch

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CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.

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Coin Market

Sonic Labs says its layer-1 blockchain will go public ‘soon’

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The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.

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Coin Market

Nike-owned NFT wearables RTFKT to sunset in January

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The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021.

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