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news-imageOctober 24, 2024

Crypto bulls cop second-biggest liquidation day in October

Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day.
Publisher: Cointelegraph
Sentiment: Negative
General

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Positive
cover-imageAltcoin Buzz
October 24, 2024

Magic Eden's Big Plan: Trading All Crypto Assets in One App

Soon, Magic Eden will allow you to trade all kinds of digital assets across multiple blockchains—all in one app. Magic Eden's CEO said: “Think of it like Binance or Coinbase, but fully onchain and more user-friendly”.

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Positive
cover-imageBitcoinist
October 24, 2024

Vietnam Unveils Blockchain Plan: 20 New Brands And National Network In The Works

Vietnam has taken a significant step towards advancing its blockchain ecosystem by releasing its National Blockchain Strategy. The strategy, announced by the Ministry of Information and Communications (MIC) on October 23, outlines a roadmap for the country's development of a decentralized network and aims to position Vietnam as a “regional leader” in the sector.

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Negative
cover-imageAltcoin Buzz
October 24, 2024

Denmark Becomes First Country to Tax Unrealized Crypto Gains

Starting on January 1st, 2026, the Danish government will impose a 42% tax on unrealized gains from crypto assets. This tax will apply not only to any new crypto bought after that date but also to crypto acquired as far back as January 2009—the time of the first Bitcoin “genesis block.

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Neutral
cover-imageCoinPedia
October 24, 2024

Is Firing Gary Gensler a Reality for Trump? SEC Chair's Term Ends June 2026

In a recent interview, Congressman French Hill was asked about former President Donald Trump's statement at the Bitcoin conference regarding his intention to fire SEC Chair Gary Gensler on his first day back in office. Hill provided details into the complexities of making such a change, explaining that the SEC operates as an independent agency.

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Positive
cover-imageBitcoinist
October 24, 2024

Web3 GameFi Sector Expected To Hit $301.5 Billion By 2030 – Report

A recent Nansen report revealed that the Game Finance (GameFi) sector is expected to see major growth by the decade's end, driven by decentralized economic systems, the rise of AAA games in Web3, and the popularity growth of role-playing games (RPG).

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Positive
cover-imageBitcoinist
October 24, 2024

Freedom! Nigerian Court Clears Binance Exec, Orders Immediate Release

Tigran Gambaryan, a Binance executive who had been detained since February, has been officially cleared of all charges by the Nigerian government. The Economic and Financial Crimes Commission (EFCC) requested the withdrawal of the case at the Federal High Court in Abuja during a court session on October 23, 2024.

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Negative
cover-imageBitcoin
October 24, 2024

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

The People's Bank of China emphasized the Mbridge platform's role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S.

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Positive
cover-imageThe Currency Analytics
October 24, 2024

$2.4 Billion Blocked! How Binance is Leading the Fight Against Online Scams

Halloween approaches, the focus for many is on costumes and candy, but for Binance, the world's largest cryptocurrency exchange, the spotlight is firmly on combating online fraud. In a recent blog post, Binance a significant achievement: from January 2024 to the present, it has successfully blocked over $2.4 billion in potential fraudulent transactions.

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Positive
cover-imageNewsBTC
October 24, 2024

Expert Picks 5 Altcoins To Watch, Declaring Arrival Of The Altseason After Three Years

As the cryptocurrency market emerges from a prolonged seven-month consolidation phase, following a parabolic uptrend for Bitcoin and various altcoins in the first quarter of 2024, crypto analyst OxNobler has boldly declared that today marks the start of the next significant altseason. Analyst Predicts Major Price Movements Ahead For Altcoins In a recent post on the social media platform X (formerly Twitter), OxNobler shared insights on the Altcoin Indicator, which has just gone parabolic for the first time in three years.

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Negative
cover-imageCoingape
October 24, 2024

Denmark To Implement World's First Crypto Unrealized Gains Tax

Denmark is set to pioneer an unprecedented tax reform by introducing a tax on unrealized capital gains for cryptocurrencies, starting January 1, 2026. This bold move aims to integrate cryptocurrencies such as Bitcoin into the existing financial taxation framework, treating them similarly to other investment assets.

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Positive
cover-imageBitcoin
October 23, 2024

Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub

The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy includes building blockchain brands, establishing testing centers, and developing human resources. The government aims to achieve these goals through a five-step action plan, which includes legal reforms, ecosystem development, and international collaboration.

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Negative
cover-imageCointelegraph
October 23, 2024

Former Celsius CEO to return to court on Nov. 13

Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO's motion to dismiss fraud and market manipulation charges.

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Positive
cover-imageCoindesk
October 23, 2024

OKX's Path to Dubai License and Beyond

OKX Chief Legal Officer Mauricio Beugelmans discusses the exchange's journey to obtaining regulatory approval in the UAE and their collaborative approach with regulators. This content is not an offer or solicitation to buy, sell, or hold virtual assets.

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Negative
cover-imageCryptopolitan
October 23, 2024

How Chinese OTC trader Yicong Wang helped Lazarus Group convert stolen crypto into cash

Yicong Wang, a Chinese OTC trader, has been laundering stolen crypto for the notorious North Korean hacking group known as Lazarus Group since 2022. Known for using pseudonyms like Seawang, Greatdtrader, and BestRhea977, Wang has helped convert tens of millions of dollars in stolen crypto into cash through bank transfers.

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Positive
cover-imageCrypto Mufasa
October 23, 2024

$BC Token Launch and 1 Billion $BC Airdrop: A New Era for BC.Game

$BC is the native token of the BCGame platform, designed to provide immense value to token holders and users through various incentives and practical features. It serves as both a governance and utility token, unlocking exclusive benefits across the BC.Game ecosystem, including games, rewards, and staking.

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Negative
cover-imageCryptopolitan
October 23, 2024

Can BRICS miners really win the hashing war and bypass sanctions?

Economists raised alarms that BRICS countries could use mining to bypass economic sanctions. For now, this scenario is not viable, though Russia may give a boost to local data centers and large mining operations.

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