Improbable to begin the DevNet phase of its Somnia blockchain after 2 active years of development.
Arkham Intelligence and other blockchain trackers noted unusual activity in the Bitfinex hack wallet controlled by the U.S. government.
Pennsylvania bipartisan crypto protection law wins strong support from both parties, moves to state Senate as voter interest in digital assets grows
Off The Grid, the so-called Web3 extraction shooter built on the Avalanche blockchain, has maintained momentum after its launch in the early access stages. While the game has fallen from the top 100 most viewed games on the streaming platform Twitch, it has maintained 500,000 daily active addresses (DAA) since its launch, with over 6.
The East is definitely displeased with the dominance of the US dollar in the global financial ecosystem. In the recent BRICS summit, Russia appealed for the creation of a new global financial ecosystem, detached from the US dollar.
A United States appeals court has ruled that home insurance does not cover cryptocurrency losses, stressing that policies only apply to physical property. On Oct.
SAFE, the native token of Safe Wallet surged 72% over the last day after it secured a listing on Upbit and its wallet went multichain. Safe (SAFE) surged to $1.
The Netherlands plans to update cryptocurrency tax rules for transparency and compliance; opens public consultation from October 24 to November 21, 2024.
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
Denmark's Tax Law Council has proposed a new cryptocurrency taxation framework that could introduce a 42% tax rate on both realized and unrealized gains starting in 2026
The Netherlands is implementing new laws requiring crypto service providers to collect and share user data with tax authorities by 2026
Buenos Aires' Innovation and Transformation Secretary, Diego Fernandez, confirmed that Quarkid, a self-sovereign decentralized blockchain ID project, has already been implemented as part of the city's app, Miba.
Crypto service providers, like exchanges, could soon be required to collect and share user data with the Netherlands tax authority under crypto tax monitoring laws proposed by the Dutch Government, aligning with rules adopted by the European Union last year. In an Oct.
Andreessen Horowitz, known as a16z, one of the most prominent venture capital firms, recently discussed how an AI bot they funded spurred the creation of a multi-million-dollar meme coin.
In an unprecedented turn of events, a U.S. Government wallet was recently reported to be compromised, echoing a bustle across the broader market. On Friday, on-chain data indicated that the US govt wallet started shifting or selling nearly $20 million worth of crypto assets, including ETH, USDT, USDC, and aUSDC to another address.
GalaChain has successfully issued most Founder's Node licenses as allowances, though some nodes faced issues. The team is actively resolving these to ensure seamless operations.
GalaChain is steering the evolution of Web3, transitioning blockchain from niche markets to global innovation, and setting the stage for mass adoption across industries.
South Korea introduces stringent pre-registration and monthly reporting requirements for businesses in cross-border crypto transactions.
About $20 million in cryptocurrency seized from the notorious Bitfinex hack has mysteriously moved out of U.S. government-controlled wallets.
Combine the decentralized infrastructure of the blockchain with the capability of Artificial Intelligence.
South Korean authorities will impose regulations on cross-border crypto transactions, requiring businesses to register and report from mid-2025.
Binance Thailand's CEO Nirun Fuwattananukul highlighted a shift in Thailand's crypto market focus from retail investors to institutional players.
In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised, losing around $20 million. According to Arkham, the bulk of the funds, primarily made up of stablecoins, were converted into ethereum “through suspicious addresses linked to a money laundering service.” $20M Vanishes From U.S.
The Massachusetts Senate seat turns out to be of prime importance as XRP lawyer John Deaton takes on the anti-crypto Senator Elizabeth Warren in the upcoming US elections. Senator Warren has recently claimed that Deaton's 90% of campaign funding comes from crypto donations.
Wall Street is witnessing a growing interest in tokenized money-market funds as traders increasingly seek alternatives to traditional stablecoins. These digital assets, which are investments in short-term debt securities, are seen as potential solutions in the current situation with the crypto market volatility.
The Netherlands is seeking public feedback on proposed regulations for monitoring cryptocurrency ownership, in a bid to align its tax laws with European Union standards. According to an Oct.
Denmark's Tax Law Council has recommended implementing a mark-to-market taxation system for cryptocurrencies in a recent report, with plans for a legislative proposal to follow.
The country's tax authority intends to require crypto firms to report clients' crypto transaction data to align with EU taxation mandates.
The 13th edition of the Blockchain Life Forum, the premier gathering for cryptocurrency leaders worldwide, recently concluded with an astounding attendance of over 12119 participants.
The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.
Improbable, the British metaverse technology company creating Yuga Labs' Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks.
The cryptocurrency market is witnessing a noteworthy revival in demand from individual investors, marking a significant shift after a four-month period of stagnation. Recent data from Crypto Quant reveals a 13% increase in individual investor activity over the past 30 days, with participation levels returning to those seen in March.
Crypto exchange BingX says it has restored full operations, launching a new feature designed to provide “advanced protection against external threats.
With the US November elections coming in, crypto is making headlines like never before. This year's campaign marks the first time digital assets are a prominent policy issue.
A United States appeals court said a federal court was right to toss Ali Sedaghatpour's lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.
A United States appeals court said a district court was right to toss Ali Sedaghatpour's lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.
South Korea's finance minister, Choi Sang-Mok, says the country will introduce reporting mandates on cross-border crypto transactions to combat foreign exchange crime.
With the listing of Safe tokens on the Upbit cryptocurrency exchange, this altcoin has experienced a massive surge in its volumes. Reportedly, Safe Crypto has recorded a jump of 9,747.85% in its 24-hour trading volume, resulting in it adding ~76% to its valuation.
A cybersecurity firm yesterday reported that a group of notorious hackers from North Korea was able to steal $3 billion worth of cryptocurrency from users by devising a fake blockchain game.
With the cryptocurrency market experiencing significant expansion this year, the Kraken exchange is gearing up to introduce its own blockchain, named "Ink," in 2025.
An anonymous hacker or hackers has apparently managed to steal $20 million in several crypto assets from US government wallets. Reportedly, the hackers have already begun laundering the money.
An estimated $20 million in cryptocurrency has been stolen from wallets belonging to the U.S. government, according to blockchain analytics firm Arkham Intelligence. On-chain movements started on Thursday when funds that had not been moved for more than eight months were withdrawn from the decentralized lending platform Aave.
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S.
The Ministry of Finance will implement South Korean cross-border cryptocurrency transactions regulations in the second half of 2025.
Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”
Amid market volatility, crypto traders are converting their assets into stablecoins for stability and using them as collateral.