USDT expands to Celo: A new era for mobile crypto


Tether Operations Limited, also known as Tether, the central crypto platform, recently announced the integration of its stablecoin USDT on Celo, a unique blockchain based on a mobile approach accessible via the EVM platform. This shift will significantly impact the Tether and Celo ecosystems...

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits


Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential...

VanEck reduces Spot Bitcoin ETF fee till March 2025


VanEck, a sought-after American investment management company headquartered in New York City, recently announced the reduction of spot Bitcoin ETF fees, allowing users to invest in VanEck Bitcoin Trust for HODL until 31 March 2025. The period will commence on 12th March, and the Sponsor will...

Solana: A tale of airdrop controversy and investment enthusiasm


Solana is depicting the perfect recipe for a cinematic script. Two sides are battling for an outcome for the ecosystem. While one side feels oppressed because of the controversial airdrop, the other side finds itself floating in the sky with a rise in investor interest. What happens in the Solana...

South Korea suggests crypto management system to fight tax fraud


South Korea is preparing and implementing robust measures to combat tax evasion associated with virtual assets. The National Tax Service of South Korea has designated GTIC for the integrated management system (ISP) of virtual assets in an effort to prevent tax evasion. With big measures being...

Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL


This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by...

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