8+ hour, 31+ min ago  (505+ words) Bitmine accelerated its strategy this week as the firm initiated a major Ethereum staking move. The company shifted 74,880 ETH worth about $219 million into the network's proof-of-stake system, and this action marked a new phase in its treasury operations. Moreover, Bitmine…...

1+ mon, 1+ week ago  (360+ words) U.S. Senator Todd Young of Indiana has urged the Internal Revenue Service (IRS) to reassess its 2023 tax guidelines on cryptocurrency staking rewards. Young argues that the current policy, which taxes staking rewards when received rather than when sold, could result in…...