A cryptocurrency trader's bet on the newly created ANT by Claude (ANT) meme coin ended in capitulation, with the investor losing close to $500,000 in less than an hour.

The new system would tax cryptocurrency holders annually based on their holdings' market value, regardless of whether the assets are sold, starting from 2026.

The news comes only weeks after Nigerian courts had denied a bail application from the ailing Binance official.

Just as it appears that the market is in recovery mode, the crypto liquidation figures tell a different story. Per data from CoinGlass, the total liquidation has topped $271 million, the highest thus far this week.

Nishad Singh, former FTX executive, has been recognized by government prosecutors for his role in helping the investigation into the collapse of the crypto exchange. Singh has provided what prosecutors described as “substantial assistance” and “exemplary cooperation.

India's relationship with cryptos might write a new chapter soon.

The wait for the altcoin season continues. However, the cat-themed meme coins are taking center stage.

Denmark is proposing a new taxation model that would tax unrealized gains on cryptocurrencies at 42%, aligning digital assets with existing rules for certain financial contracts. This approach involves calculating gains and losses annually based on the change in the value of the taxpayer's holdings, regardless of whether the assets have been sold.

Coinbase, one of the largest centralized crypto exchanges, is making a significant step towards decentralization with the introduction of a brand new innovation on the Base mainnet. Scheduled for October 30, this event marks a key milestone in the platform's evolution towards greater transparency and security.

The game, named DeTankZone or DeTankWar, was designed to trick users into downloading malware and steal their cryptocurrency. The hackers used a security hole in Google Chrome to install spyware that stole users' wallet credentials.

Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela.

Chainalysis identified more than 82K spoof addresses, which targeted more than 2,700 wallets with high balances. Poisoned address attacks are relatively simple, but can have higher returns if they strike a high-value victim.

Coinbase-backed Base network has launched permissionless fault proofs to boost security and decentralization

Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence.

The firing of the firm's co-founder and its CFO in July triggered a wave of departures.

In May 2022, the crypto world experienced one of its biggest debacles with the spectacular collapse of Terra LUNA, wiping out more than 40 billion dollars in value in just 24 hours. This disaster, which shook the entire ecosystem, will be remembered as one of the largest crashes in the history of digital assets.

Vietnam has unveiled its National Blockchain Strategy, with ambitious goals to lead the region in blockchain research and innovation by 2030.

Blockchain infrastructure provider Consensys has issued an open letter to the next U.S. president, urging a regulatory framework that supports blockchain innovation. Ethereum-focused blockchain developer Consensys has called on the future U.S.

Denmark's Tax Law Council has put forth a proposal to tax unrealized gains and losses on cryptocurrency assets in the same way that it taxes stocks and bonds. What Happened: The council's comprehensive 93-page report suggested that all cryptocurrency assets should be taxed under a uniform set of rules, according to a Cointelegraph report on Wednesday.

A sharp drop in Bitcoin prices triggered a cascade of liquidations on October 23, wiping out leveraged positions across the market.

The Tax Law Council in Denmark has recommended proposing a bill to tax unrealized gains and losses on crypto assets under an inventory taxation model. According to an Oct.

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”.

Norway's central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress there's no urgency.

Singapore City, Singapore, 24th October 2024, Chainwire

An in-depth investigation has unraveled an advanced cryptocurrency laundering operation that links a Chinese over-the-counter (OTC) trader to North Korea's infamous Lazarus Group.

Vietnam's Deputy Prime Minister Ho Duc Phoc has just announced a fully-fledged national strategy for blockchain development.

“Blockchain technology isn't just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.

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.

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.

The Cat-based memecoins have taken over the memecoin category by storm over the past few months.

According to Dante Disparte, stablecoin issuer Circle's Chief Strategy Officer and Head of Global Policy, the UK is expected to introduce stablecoin regulations within the coming months.

The 16th BRICS Summit, hosted by Russia, began on October 22 in the Russian city of Kazan.

Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July. The Web3 automation provider reported a significant increase in demand for its “super-transactions” solution ahead of its token launch.

Explore the varying staking yields and ratios across top Proof-of-Stake blockchains, including Cosmos, Polkadot, and Ethereum, as analyzed by CoinGecko.

The North Korean Lazarus Group exploited a zero-day vulnerability in Google Chrome using a fake blockchain game to install spyware.

Crypto sleuth ZachXBT accused Chinese OTC trader Yicong Wang of crypto money laundering. Since 2022, Yicong has allegedly laundered tens of millions in cryptoassets stolen by Lazarus Group.

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.

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.

Traders who bet the crypto market would keep rising suffered the second-largest day of liquidations this month as Bitcoin and Ether both slid.

The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers.

Denmark's tax authority has recommended 'mark-to-market taxation' for crypto asset investors as part of its latest bill recommendations.

A crypto-focused political action committee (PAC) called Fairshake plans to invest over $40 million in the remaining weeks of the 2024 US elections.

BitMEX invites traders to join the Uptober Trading Competition, offering prizes like 3 BTC, 7,500 USDT bonuses, and exclusive VIP swag.

Saylor's earlier comments endorsing regulated custody drew criticism from key crypto figures, including Ethereum co-founder Vitalik Buterin.

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).

MANTRA has officially launched its institutional-grade Layer 1 blockchain on the mainnet. This will allow the network to bring tokenized real-world assets (RWAs) on-chain.

The Nigerian government has dropped all charges against Binance executive Tigran Gambaryan after a prolonged legal battle.