Latest Crypto Industry News and Insights
Czech Republic Exempts Bitcoin from Tax After 3 Years, Considers Adding to Reserves
Czech Republic Grants Bitcoin Tax Exemption for Long-Term Holders: Impact and Implications The Czech Republic has taken a significant step towards embracing cryptocurrencies by exempting Bitcoin and other digital assets from capital gains tax after three years of holding. President Petr Pavel signed this bill into law, aligning with the country’s pro-crypto stance and potentially […]
Read MoreGemini IPO on the Horizon: Winklevoss Twins Lead Crypto’s Charge to Public Markets
Gemini Explores IPO Amid Surge in Cryptocurrency Public Listings Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is exploring a potential initial public offering (IPO) in the U.S., signaling a significant step towards mainstream acceptance of cryptocurrencies. An IPO is a process where a company offers its shares to the public for the first […]
Read MoreMcDonald’s Viral Tweet Sparks Hope Amid Bitcoin’s Dip Below $96K
McDonald’s Fries Tweet Ignites Crypto Community Amid Market Downturn On February 6, 2025, McDonald’s tweet “jUsT pUt My FrIeS iN tHe BaG bRo” went viral within the cryptocurrency community, sparking a flurry of reactions and memes. Bitcoin, reeling from a dip below $96,000, saw a slight recovery to $97,000 amid concerns over inflation and the […]
Read MoreEthereum’s Geth v1.15.0 Launches, Paving Way for Prague Fork
Ethereum’s Geth v1.15.0: A Step Closer to the Prague Fork Ethereum’s node software Geth has released version v1.15.0, ushering in the v1.15.x release cycle. This pivotal update is a crucial step towards the upcoming Prague Fork, poised to enhance Ethereum’s capabilities with new features and improvements. However, this release introduces significant changes to the node’s […]
Read MoreEthereum’s Pectra Upgrade: Devnet 6, EIP-7702, and $2M Bug Bounty Unveiled
Ethereum’s All Core Devs Meeting #150: Navigating the Pectra Upgrade The 150th Ethereum All Core Devs Meeting on February 6, 2025, delved into the intricacies of the Pectra upgrade, aiming to propel Ethereum’s network to new heights of stability, scalability, and security. From the launch of Devnet 6 to the introduction of EIP-7702 and a […]
Read MoreMEBA 2025: Dubai Hosts Second Edition of Blockchain Awards April 29
Middle East Blockchain Awards (MEBA) Set For Second Edition in Dubai The Middle East Blockchain Awards (MEBA) is gearing up for its second edition, set to take place on April 29, 2025, at the Jumeirah Burj Al Arab in Dubai. MEBA isn’t just another stuffy awards show; it’s a vibrant celebration of the future of […]
Read MoreFoundry Enhances Rootstock Security via Bitcoin Merge Mining
Foundry Boosts Rootstock Security with Bitcoin Merge Mining Foundry, a powerhouse in cryptocurrency mining, has joined forces with Rootstock to amplify the security of Rootstock’s blockchain using Bitcoin’s robust mining network. This strategic partnership not only fortifies Rootstock’s infrastructure but also exemplifies the growing trend of blockchain interoperability. Foundry partners with Rootstock Bitcoin merge mining […]
Read MoreTether Ditches Blockchain Rumors for AI and $13.7B Profit in 2024
Tether CEO Paolo Ardoino Shuts Down Blockchain Rumors, Pivots to AI and Profits In a surprising move, Tether’s CEO Paolo Ardoino has firmly dismissed rumors of launching a proprietary blockchain, instead steering the company towards exciting developments in artificial intelligence and record-breaking profits. Here’s what you need to know: Tether CEO denies blockchain launch rumors […]
Read MoreEmpiresX Founders Hit with $130M Fine for Crypto Fraud: CFTC’s Strong Stance
Brazilian EmpiresX Founders Fined $130M for Crypto Fraud: A Wake-Up Call for Investors The U.S. District Court for the Southern District of Florida has delivered a stern message to the cryptocurrency world, fining the founders of EmpiresX, Emerson Pires and Flavio Goncalves, along with Joshua Nicholas, a whopping $130 million for defrauding over 12,500 investors. […]
Read MoreBhutan’s $74M Bitcoin Transfer: Holding $1.1B in Reserves – Strategic Play or Risk?
Bhutan’s $74M Bitcoin Shift: Retaining $1.1B in Crypto Reserves – A Strategic Move? The Royal Government of Bhutan recently made headlines in the cryptocurrency world by transferring 751,309 BTC, amounting to $74 million, to two distinct wallets. Despite this significant move, Bhutan continues to hold a robust reserve of 11,145 BTC, valued at approximately $1.1 […]
Read MoreVerifiable Credentials: cheqd’s Fight Against AI Scams in Crypto
Verifiable Credentials: The Antidote to AI-Driven Scams in the Crypto World AI-generated scams are surging in the cryptocurrency space, prompting the need for robust solutions. Verifiable credentials offer a promising way to combat these frauds, and cheqd is at the forefront of this innovative approach. AI-driven scams surge in crypto space Verifiable credentials as a […]
Read MoreCanada’s CIRO Bars Crypto Funds from Reduced Margins, Hiking Investor Costs
Canada’s Regulator Tightens the Reins on Crypto Funds: Higher Costs for Investors – CIRO excludes crypto funds from reduced margin eligibility. – Driven by concerns over volatility, liquidity, and regulatory uncertainty. – Higher costs for investors in crypto funds. – Reflects global regulatory caution towards cryptocurrencies. The Canadian Investment Regulatory Organization (CIRO) has thrown a […]
Read MoreKraken CEO Sues San Francisco Co-op for Alleged Crypto and Political Discrimination
Kraken CEO Jesse Powell Sues San Francisco Housing Co-op Over Alleged Cryptocurrency Discrimination Jesse Powell, the co-founder of the renowned cryptocurrency exchange Kraken, has filed a lawsuit against a San Francisco housing cooperative, alleging discrimination due to his ties to the crypto industry and his political views. Lawsuit filed against San Francisco housing co-op Alleges […]
Read MoreECB Explores Digital Euro for Conditional Payments, Shuns Blockchain Tech
ECB Explores Conditional Payments with Digital Euro, Bypassing Blockchain Imagine never having to chase a refund again; the European Central Bank (ECB) is working on making this a reality with the digital euro, focusing on conditional payments that only complete if certain conditions are met. This innovative approach, as explained by ECB executive board member […]
Read MoreEx-Malaysian PM’s X Account Hacked to Promote $1.7M Meme Coin Scam
Ex-Malaysian PM Mahathir’s X Account Hacked to Shill Meme Coins Former Malaysian Prime Minister Mahathir Mohamad’s X account was hacked to promote a fraudulent meme coin called MALAYSIA, highlighting the ongoing threat of crypto scams exploiting high-profile individuals. Mahathir Mohamad’s X account hacked to promote MALAYSIA meme coin Hackers stole over $1.7 million, linked to […]
Read MoreSaudi Economist Calls for Unified GCC Crypto Regulations Amid Regional Divide
Saudi Economist Urges GCC for Unified Crypto Regulations Amid Divergent Regional Policies Ihsan Buhulaiga, a prominent Saudi economist, is pushing for a unified regulatory framework for cryptocurrencies among the Gulf Cooperation Council (GCC) countries to streamline the use of digital assets as payment tools across the region. Saudi economist urges GCC for unified crypto regulations […]
Read MoreBank of Papua New Guinea Completes CBDC Trial, Plans Cross-Border Expansion
Bank of Papua New Guinea Completes CBDC Trials, Eyes Cross-Border Expansion – BPNG completes CBDC proof-of-concept trial – Partners include Soramitsu, Mitsubishi, JICA, Japanese gov’t – Focus on financial inclusion & payment system modernization – Legal and regulatory gaps need addressing – Future studies to involve more institutions & explore cross-border payments Papua New Guinea […]
Read MoreRussia’s 2025 Crypto Tax Laws: A New Era for Bitcoin and Mining
Russia’s 2025 Crypto Tax Laws: Navigating the New Frontier Russia is set to implement new cryptocurrency regulations in 2025, aiming to bring clarity and structure to its burgeoning crypto market amidst economic challenges and U.S. sanctions. New tax laws effective January 1, 2025. Cryptocurrencies recognized as property. Mining operations exempt from Value Added Tax (VAT). […]
Read MoreThailand Appoints Crypto Experts to Boost Blockchain Ambitions
Thailand Appoints Crypto Leaders to Drive Blockchain Ambition Thailand is ramping up its efforts to become a global leader in blockchain technology with the strategic appointment of Rushi Manche from Movement Labs and Tekin Salimi from Dao5 as advisors to the Thailand International Digital Business & Finance Center (TIDC). Thailand’s TIDC appoints Rushi Manche and […]
Read MoreJupiter’s X Account Hacked for MEOW Scam: A Crypto Security Wake-Up Call
Jupiter Regains Control After MEOW Scam: A Closer Look at Crypto Security Jupiter, a prominent Solana-based decentralized exchange (DEX) aggregator, faced a significant security breach when its official X account was hijacked to promote the fraudulent MEOW meme coin. The scam led to substantial losses for traders, while also sparking a broader discussion on the […]
Read MoreJP Morgan Survey: Only 30% of Institutional Traders Eye Crypto by 2025
Only 30% of Institutional Traders Plan to Invest in Crypto, JP Morgan Survey Reveals Despite the buzz surrounding cryptocurrencies, a surprising 71% of institutional traders plan to steer clear of digital assets, according to a recent JP Morgan e-trading survey. This cautious stance comes as only 30% of these traders are considering investing in crypto […]
Read MoreCoinbase Battles to Protect Prime Trust Customers’ Assets in Bankruptcy
Coinbase Fights for Prime Trust Customers in Bankruptcy Showdown Coinbase has boldly stepped into the ring to protect Prime Trust customers’ assets amid the custodian’s bankruptcy filing, showcasing the critical need for legal safeguards in the volatile world of crypto. Coinbase files to protect customer assets in Prime Trust bankruptcy Prime Trust faces $82 million […]
Read MoreEl Salvador Reverses Bitcoin Legal Tender Status Amid IMF Pressure
El Salvador Ends Bitcoin Legal Tender: A Closer Look at Why It Didn’t Work El Salvador’s decision to drop Bitcoin as legal tender on January 30, 2025, marks the end of a bold experiment that began in 2021. The move was influenced by the International Monetary Fund (IMF) and reflects the challenges faced in integrating […]
Read MoreRep. French Hill Pushes for Crypto Regulatory Overhaul to Boost Innovation
Rep. French Hill’s Vision for a New Era in U.S. Crypto Regulation In a bold move to reshape the future of cryptocurrency in America, Rep. French Hill is pushing for a regulatory overhaul that promises to protect investors and spur innovation. This initiative aims to dismantle what Hill describes as the previous administration’s strict and […]
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