Magic Eden acquires crypto trading app Slingshot to move beyond NFTs


Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden's support to more than 8 million tokens across almost every major...

SafeMoon boss cites DOJ’s nixed crypto unit in latest bid to toss suit


Braden John Karony, the CEO of crypto firm SafeMoon, has cited the US Department of Justice’s directive to no longer pursue some crypto charges in an effort to get the case against him and his firm dismissed. In an April 9 letter to New York federal court judge Eric Komitee...

Ukraine floats 23% tax on some crypto income, exemptions for stablecoins


Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins.  Crypto transactions would be taxed at 18% with a 5% military levy on top as part of the proposed...

21Shares files for spot Dogecoin ETF in the US


Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale.The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according...

From Red to Rocket Fuel: Crypto Market Valuation Climbs Post-Turbulence


The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this trajectory. Market Whiplash: Crypto...

US Senate confirms Paul Atkins to lead SEC under Trump


The US Senate has confirmed US President Donald Trump pick Paul Atkins as chair of the Securities and Exchange Commission in a 51-45 vote, with lawmakers largely voting along party lines.His appointment comes several months after Trump named Atkins to lead the commission late last year.Atkins...

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