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Tether pays out $10bn in withdrawals since start of crypto crash — The Guardian

Tether, the multibillion dollar “stablecoin” that functions as the largest bank in the cryptocurrency economy, has paid out $10 billion in withdrawals since the crypto crash started in early May, writes Alex Hern.

Here is the link: https://www.theguardian.com/technology/2022/may/22/tether-pays-out-10bn-in-withdrawal-since-crypto-crash

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Notebook Labs raises $3.3M

Notebook Labs, providers of a zero-knowledge identity infrastructure layer for Web3 protocols, has raised a $3.3 million seed round.

Synota raises $3M

Columus, Ohio-based Synota has raised a $3 million seed round.

Here’s what investors need to know about the latest crypto tax reporting rules for 2022 — CNBC

The IRS has released draft guidance for cryptocurrency and other digital asset reporting for 2022 tax returns, writes Kate Dore. 

Amberdata acquires Genesis Volatility

Amberdata, a provider of digital asset data, has acquired Genesis Volatility (GVol), a provider of institutional-grade crypto-options data analytics and research.