EU Watchdog Recommends Revisions to MiCA Cryptocurrency Regulations
The Markets in Crypto-Assets Regulation (MiCA) stands as the cornerstone of the European Union’s approach to regulating the cryptocurrency market. Recently, the European Securities and Markets Authority (ESMA) has called…
Italy Proposes Hike in Bitcoin Capital Gains Tax from 26% to 42%
The Italian government, under the direction of Deputy Economy Minister Maurizio Leo, is contemplating a significant increase in the capital gains tax on Bitcoin investments, proposing a jump from the…
FBI Arrests Suspect for Falsifying SEC Bitcoin ETF Announcement
In a significant cybersecurity breach, a 25-year-old man from Athens, Alabama, identified as Eric Council Jr., was arrested by the Federal Bureau of Investigation (FBI) for orchestrating a hack into…
Google’s Strategy in Nuclear Energy Could Transform Cryptocurrency Mining
The United States is on the cusp of a significant evolution in nuclear energy production with the development and imminent deployment of its first commercial small modular reactor (SMR). SMRs…
Warren and Deaton Clash on Crypto Policies in First Massachusetts Senate Debate
The political landscape was charged as Senator Elizabeth Warren and Republican candidate John Deaton squared off in their first debate for the Massachusetts Senate seat. Held on October 15, the…
Bitcoin Achieves a Three-and-a-Half-Year Dominance Peak While Altcoins Lag
Bitcoin’s market dominance reached its highest level since April 2021, marking a significant milestone as its price surged to a 10-week high. On October 15th, during late trading, Bitcoin’s dominance…
Over 90% of Salvadorans Refrain from Bitcoin Transactions
Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced the cryptocurrency for everyday transactions. A recent survey conducted by…
Thailand’s Oldest Bank Introduces Stablecoin Remittance Services
Siam Commercial Bank (SCB), the longest-established commercial bank in Thailand, has taken a significant step forward by incorporating stablecoin-based cross-border payment and remittance services. This initiative is launched in partnership…
Vitalik Buterin Considered a Surprising Contender for the 2024 Nobel Prize in Economics
Economists Tyler Cowen and Alex Tabarrok, founders of the popular economics blog Marginal Revolution, recently discussed potential candidates for the 2024 Nobel Prize in Economics during an episode of their…
Tesla Relocates $765 Million in Bitcoin to Mysterious Wallets
Tesla, the renowned electric vehicle manufacturer, has recently shifted its entire Bitcoin holdings, valued at over $765 million, to several untraceable wallets. This significant move involved Tesla transferring approximately 11,500…
2024: A Landmark Year for Cryptocurrency Market Maturation
The cryptocurrency landscape has undergone significant maturation in 2024, as detailed in a comprehensive report released on October 15 by Coinbase and Glassnode. This year has been marked by a…
The EU’s MiCA Legislation: A New Framework for Global Stablecoin Regulations
Binance, the world’s largest cryptocurrency exchange, has indicated that the upcoming regulatory framework in Europe will mark a significant advancement in stablecoin regulation. The Markets in Crypto-Assets Regulation (MiCA) from…
Paxos Launches New Stablecoin Payment Platform in Partnership with Stripe
Paxos, the blockchain firm behind the Pax Dollar stablecoin, is making strides to expand stablecoin adoption in the payments industry through its innovative enterprise-grade infrastructure. The company has launched a…
Ledger Users Targeted by Malicious ‘Clear Signing’ Phishing Email
A new wave of scam emails is specifically targeting Ledger users in an attempt to steal their cryptocurrency holdings. These phishing emails aim to deceive users into activating a bogus…
Grayscale Adds DOGE, Worldcoin to List of 35 Potential Crypto Products
Crypto asset manager Grayscale has broadened its scope by adding 35 altcoins, including Dogecoin, Worldcoin, Pyth, and Rune, to its list of assets “under consideration” for future investment products. This…
Australia Launches Its First ETF Directly Holding Ether
Monochrome Asset Management has launched Australia’s inaugural exchange-traded fund (ETF) that directly holds Ether, marking a significant milestone in the Australian cryptocurrency investment landscape. As of October 15, the Monochrome…
‘Political Shift’ Drives $407 Million Inflows to Crypto Products
Cryptocurrency investment products had another successful week, with Bitcoin leading the charge by attracting $419 million in inflows. Digital asset investment products overall saw inflows totaling $407 million for the…
Crypto Stocks Rally as Bitcoin Surpasses $66,000
Publicly traded crypto-linked firms in the United States experienced notable gains on October 14, following a 6% surge in Bitcoin, which briefly touched $66,400—its highest price since July 30. Bitcoin…
MrBeast Allegedly Earned $10 Million by Promoting and Dumping Altcoins
MrBeast, one of YouTube’s most popular creators, has come under fire for allegedly engaging in cryptocurrency promote-and-dump schemes that reportedly earned him more than $10 million. These serious accusations were…
Crypto Exchanges in the UK and Colombia Connected to TD Bank’s Record Penalty
TD Bank’s recent compliance issues could be linked to two unnamed cryptocurrency firms operating in Colombia and the United Kingdom. On October 10, TD Bank’s U.S. division agreed to pay…