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Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says
7.5.2024
One in five voters in key battleground states believe digital assets are a key issue in the upcoming 2024 elections, data released Tuesday by the Digital Currency Group (DCG) reveals. The survey results come amidst the increasingly tense presidential race between Joe Biden and Donald Trump, with...
QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East
7.5.2024
QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East.
The post QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East appeared first on Cryptonews
Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
7.5.2024
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office
Exodus Approved for NYSE Listing, Trading Begins on May 9
7.5.2024
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE American.
The post Exodus Approved for NYSE Listing, Trading Begins on May 9 appeared first on Cryptonews
Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers
7.5.2024
Global fintech firm Revolut has introduced its standalone crypto trading platform called Revolut X, catering to UK retail customers.
The post Revolut Launches Crypto Trading Platform ‘Revolut X’ for UK Retail Customers appeared first on Cryptonews
Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’
7.5.2024
Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden.
The post Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’ appeared first on Cryptonews
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details
7.5.2024
The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed.
The post Australia Tax Office Sets Sights On Crypto...
FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan
7.5.2024
This transfer occurred just a day before FTX debtors were scheduled to release an amended restructuring plan for the exchange, adding a layer of intrigue to an already complex situation.
The post FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan appeared first...
Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs
7.5.2024
Kenyan President William Ruto has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.
The post Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs appeared first on Cryptonews
Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’
6.5.2024
Bitfinex's chief technology officer, Paolo Ardoino, has dismissed claims by hacking group Fsociety, that allege a breach of the cryptocurrency exchange's database.
The post Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’ appeared first on Cryptonews
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
6.5.2024
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users.
The post Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study appeared first on Cryptonews
Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded
6.5.2024
Jack Dorsey has stepped down from Bluesky's board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter.
The post Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded appeared first...
Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
6.5.2024
For the second month in a row, crypto venture capital funding has exceeded the $1 billion mark, highlighting continued investor interest in the industry.
The post Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month appeared first on Cryptonews
Internet Computer Launches ckUSDC Sepolia, an ICP Copy of USDC in ckERC20 Token Standard
5.5.2024
The testing version of the ckETH minter on Internet Computer (ICP) mainnet has been upgraded, now featuring the Sepolia version of the USDC token.
The post Internet Computer Launches ckUSDC Sepolia, an ICP Copy of USDC in ckERC20 Token Standard appeared first on Cryptonews
Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 Days
5.5.2024
After a prolonged period of continuous outflows, Grayscale's Bitcoin Trust ETF recorded its first day of net positive inflows.
The post Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 Days appeared first on Cryptonews
Bitfinex database breach 'seems fake,' says CTO
5.5.2024
Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he "couldn't find any request."