
US State of Tennessee is looking for vendors to help them manage unclaimed crypto
Tennessee's treasury department is searching for a provider to assist with the management of unclaimed cryptocurrency.

Crypto traders in the U.S. made around $47 billion gains from their trades in 2021, compared to $162.7 billion worldwide.

IMF noted that countries with excess energy sources can monetize it through mining of the flagship digital asset, Bitcoin.

An assistant director of the US agency revealed that the federal agency tracks Bitcoin transactions on blockchain.

Less than three week since launch, Kraken’s Lightning service has already processed over 2,500 BTC in Lightning transactions. Kraken is now the sixth largest node on the Lightning network.

Although filing returns went smoothly this season, the IRS caught many new crypto owners by surprise after mandating them to include digital asset purchases and sales in their filings.

Bitcoin, ether and other major cryptocurrencies have dropped sharply over the weekend, sending BTC below $39,000 and ether well below $3,000. Crypto is tightly correlated with general markets fearing the coming week.



