The IRS will no longer target a widerange of Coinbase users via its information request which it filed on Coinbase back in March Instead the agency made concessions to seek account data of individuals who transacted meaning they bought sold sent or received 20260 worth of bitcoin in any transaction type

On Tuesday one of the Big Four accounting organizations Deloitte announced a strategic partnership with Ava Labs the team behind the blockchain network Avalanche According to the announcement Deloittes new cloudbased platform leverages Avalanche in order to improve security speed and the accuracy of Federal Emergency Management Agency reimbursements

There is division in the Bitcoin community amid the massive spike in CPI Consumer Price Index in the United States This division arose as the community argues whether BTC is now a hedge to inflation