U.S. President Joe Biden’s proposed budget will include a provision to close tax loss harvesting on crypto transactions.

Binance, Coinbase, OKX, and Paxos have all released statements.

The Bored Ape parent company will allow up to 10,000 holders of its Otherdeed NFTs to participate in the second gamified test of its Otherside metaverse platform.

The price of bitcoin dipped below 22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.

ALSO: Shaurya Malwa writes about Conic Finance, whose new tool for capturing high yields from stablecoin swapping service Curve has attracted over $60 million from depositors since its unveiling March

The proposal comes as MixBytes, Lido’s partner developer firm for Polkadot and Kusama liquid staking, announced to stop supporting the networks.

Proof-of-reserve reports routinely touted by crypto firms to assure customers that their financial transactions are in secure hands shouldn’t be trusted, according to the U.S. organization that oversees auditing standards

The fund employs a long/short relative value trading strategy, and will launch with $25 million to $50 million in capital.

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

The scheme’s founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes.