Binance CEO Changpeng "CZ" Zhao reportedly spent as much as $400 million on CoinMarketCap. If true, that’s a princely—if not laughable—sum, especially during a market crash of such historic proportions that investments and acquisitions in nearly every industry have dried up.
It’s never a good sign when a judge says the argument in favor of your motion, “is less than straightforward, to be polite.” Unfortunately for messaging app turned blockchain developer Telegram, that's exactly what federal Judge P. Kevin Castel said when its lawyers asked him to “clarify” whether it could sell of gram tokens outside the U.S. while an SEC lawsuit delays the launch of its TON blockchain.
The scale of confusion and uncertainty surrounding crypto taxation is so great that half of the American accountants surveyed revealed that they believe most of their clients who own digital assets are likely to be audited.
Last year’s initial trial saw BMW Group successfully purchase front lights, and the company now wants to expand the project to a broader range of participants. Ten suppliers are going to take part over the coming year, the company said.