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India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
24.8.2024
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather...
Report: Deleted Megalopolis Trailer Used Fake Quotes Generated By AI
23.8.2024
Apocalypse Now director Francis Ford Coppola’s sci-fi passion project Megalopolis continues to be one of Hollywood’s biggest train wrecks. The latest derailment was a trailer that had to be pulled for fabricating quotes. It’s now being reported that, surprise, the trailer quotes were generated...
Report Reveals Hamster Kombat Faces Legal Action From Early Investors
23.8.2024
Hamster Kombat, the Telegram tap-to-earn gaming sensation, is facing legal woes in Russia stemming from conflicts between its alleged creator, Eduard Gurinovich, and one of its early investors, Ad.ru, an IT holding company. According to reports from Lenta.ru, a popular Russian online newspaper...
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals
23.8.2024
Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt...
China accessing high-level AI chips banned by the US: Report
23.8.2024
Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
22.8.2024
The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of...
Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
22.8.2024
Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient
Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report
21.8.2024
The bank services several crypto-friendly financial technology companies
Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report
21.8.2024
The bank services several crypto-friendly financial technology companies
Crypto firms contributed 48% of all corporate political donations in 2024: Report
21.8.2024
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."
Crypto firms contributed 48% of all corporate political donations in 2024: Report
21.8.2024
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially "tip control of Congress one way or the other."
Insiders Report Report Kamala Harris Backs Biden’s Plan to Tax Unrealized Gains
21.8.2024
As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans with over $100 million in wealth. Harris is also...
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report is Likely to Overstate Weakness
21.8.2024
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024
RBI Report Highlights India’s Central Bank Digital Currency Development
21.8.2024
India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC initiatives to enhance cross-border payments...
Climatetech Expert Daniel Batten Calls Out IMF’s Crypto Report
21.8.2024
IMF’s crypto report has come under fire from the crypto industry and climate tech expert Daniel Batten has…
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...
Private transactions now dominate Ethereum order flow — report
20.8.2024
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative
Report: Donald Trump Considers Elon Musk for Cabinet Role
20.8.2024
Former President Donald Trump outlined his potential policies if elected in 2024 in a recent interview with Reuters.…
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading
Bitcoin mining expenses surge 168% amid capacity growth
20.8.2024
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving