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Frenzy for 1,000x Gains Drives Surge in New Tokens on Solana
31.12.2023
Source: AdobeStock / Aleksandra Sova The Solana blockchain network has experienced an unprecedented influx of new tokens this month, surpassing any previous records by a significant margin. According to data from Solscan, over the last two weeks alone, a staggering 72,202 new tokens have been...
Veteran Trader Peter Brandt Issues Scam Proprietary Trading Platform Warning
31.12.2023
According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to adhere to the operating conditions that he outlined. Legitimate Prop...
Former Monero Lead Maintainer Calls on Binance to Take a Stance on Privacy Coin Issue
30.12.2023
Ricardo Spagni, the former lead maintainer of Monero, one of the most used privacy coins in the cryptocurrency market, has called on Binance to take a stance on the issue of privacy coins. Spagni stated that avoiding taking sides in the process is a disservice to the whole industry and that...
MEXC Exchange Quells Concerns: Clarifies Deleted ‘CEO’ Account Amid Withdrawal Rumors
28.12.2023
Source: iStock/PonyWang MEXC has clarified the deletion of a Twitter account named “MEXC_CEO,” explaining that the owner of the account no longer had any connection with the exchange. Last week, the MEXC_CEO Twitter account, which some users assumed belonged to the exchange’s...
Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
24.12.2023
According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract so choose. In addition, debtors will be obligated to “deliver the corresponding amount of the designated currency, whether...
Argentina’s Foreign Affairs Minister Says “Contracts Can Be Settled in Bitcoin,” Additional Cryptocurrencies
21.12.2023
Argentina’s Minister of Foreign Affairs, Diana Mondino, has announced that the South American country will allow contracts to be agreed upon in cryptocurrency. A crypto-friendly country “We ratify and confirm that in Argentina contracts can be agreed in Bitcoin,” Mondino posted to X on Thursday....
Grayscale Clarifies Investor Tax Implications of a Cash-Created Spot Bitcoin ETF
18.12.2023
Grayscale, one of the biggest cryptocurrency asset management firms, has addressed the issue of taxation regarding the adoption of a cash creation model in an upcoming spot bitcoin exchange-traded fund (ETF). The firm clarified that “no spot Bitcoin ETF that qualifies as a grantor trust would...
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
18.12.2023
Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse ways.” Instead, Back proposed adding a new blob...
Crypto App Shakepay Reveals Data Breach Affecting a ‘Small Number’ of Customers
16.12.2023
In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not affect any bank accounts, crypto wallets, or customer...
Blockchain Firm Ledger Confirms Library ConnectKit Compromise
15.12.2023
Source: iStock/welcomia Hardware wallet provider Ledger has warned users to avoid connecting to any supported decentralized applications (dApps) using its software due to a compromise in its Library ConnectKit. According to information shared on its X (formerly Twitter) handle, a malicious version...
Breaking: Ledger Removes Bug Allowing Popular Decentralized Applications To Be Compromised – Here’s the Latest
14.12.2023
Source: iStock / welcomia Multiple popular decentralized applications (dApps) have been compromised following a hack against a popular Web3 connector on Wednesday, numerous software experts confirmed on Thursday. “Do not interact with ANY dApps until further notice,” warned Matthew Lilley, CTO...
Philippine SEC Gives Binance and Other Platforms Operating Without License 3 Months Before Ban
14.12.2023
Source: Adobe Stock The Philippine Securities and Exchange Commission (SEC) has clarified the issues raised over the former advisory to the effect that any unregistered platform will be banned after three months. Speaking at a Dec 13 panel on educating consumers on unregistered exchanges, the head...
India to Consider Country-Specific Characteristics and Risks in Regulating Crypto: Finance Ministry
13.12.2023
Source: Pexels India’s Finance Ministry will consider country-specific characteristics and risks before implementing any measures related to crypto assets. Minister of State for Finance Pankaj Chaudhary, during a session in the Rajya Sabha, highlighted the significance of the New Delhi...
Blockchain Gaming Industry to Exceed Over $600 Billion in Value by 2030
11.12.2023
The blockchain gaming industry is expected to surpass over $600 billion in value by 2030, according to a new report released Monday. Blockchain gaming is booming The report, published by Fortune Business Insights, defines blockchain gaming as any video game “with features utilizing...
Google Ad Change Policy Specifically Targets Cryptocurrency Coin Trusts – Here’s the Latest
11.12.2023
Source: Pixabay Silicon Valley tech giant Google is updating its crypto ad policy to improve its advertising standards, effective January 29, 2024. The revision, specifically, targets Cryptocurrency Coin Trusts – a financial product allowing investors to trade in trusts holding large cryptocurrency...
Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit
11.12.2023
Source: Adobe/piter2121 The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited. The court issued an interim injunction, prohibiting Huobi Global Limited from using...
Peter Schiff Says Global Tax Chiefs’ Only Enforcement Success Is Its ‘Failed’ Action Against His Bank
8.12.2023
Economist Peter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its “failed” action against his bank, allegedly aimed to “put a stop to the suspected facilitation of offshore tax evasion.” Schiff stressed: “Other than...
Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments
7.12.2023
Source: Pixabay / Michael Wuensch The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC). That includes payments for any invoice issued by Lugano, such as municipal services and all other...
New Features in Coinbase Wallet Simplify International Money Transfers – Crypto Adoption on the Rise?
6.12.2023
Source: Marco Verch Professional Photographer on Flickr-CC Coinbase Wallet is introducing enhanced features to facilitate seamless, cost-effective, and rapid international money transfers, potentially contributing to increased crypto adoption. According to an announcement from Coinbase from...
50 Crowns: Welcome to The 50 Crowns Online Casino (Join Now)
6.12.2023
Welcome to the 50 Crowns Casino – a culminating gaming stage with top-world suppliers, rewards and different diversions to suit any player’s request. The casino gets how troublesome it may be, you may be getting lost in online betting, and … Continued
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