Illinois Crypto Tax Draws Unlikely Alliance of DOJ, Banks and DeFi

Bitcoin and Ethereum fell to three-month lows Thursday, deepening a cryptocurrency selloff that has erased $550 billion in market value since October. Bitcoin slumped to $71,317, its lowest level since August, while Ethereum briefly fell below $2,000 to touch $1,983. The declines have pushed the broader crypto market's valuation from approximately $2.94 trillion in early… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your

Bitcoin Magazine Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds The exchange says users are whole after the Oct. 29 theft, paid for from SAFU, its futures insurance fund and treasury, and has published a 198-token proof-of-reserves snapshot that users cannot yet independently verify. This post Binance Says It Has Fully Covered the $6.34 Billion Hack With Company Funds first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Can HYPE avoid a crash to $50?

Nvidia’s longtime finance chief inherits its first leadership transition in 33 years, bringing decades of technology experience and Wall Street credibility to a company facing a very public leadership test.