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.
Hong Kong is doubling down on its ambition to become the global hub for digital finance, especially in virtual asset trading and cryptocurrency regulation.
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.
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.
Binance announces adjustments to tick sizes for specific spot trading pairs, aimed at enhancing market liquidity and trading experience, effective November 4, 2024.
At the sixteenth annual BRICS Summit in Kazan, Russia, several leading members discussed cryptocurrency's role in de-dollarization. The Presidents of Russia, China, and Iran all stressed the need for new digital platforms.
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.
After seven months of detention, Binance executive Tigran Gambaryan has been freed in Nigeria as the government dropped charges due to his deteriorating health. The case against Binance, however, continues, leaving the companys legal troubles far from over.
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.
North Korea's Lazarus Group created a blockchain game to exploit a vulnerability in Google's Chrome browser, install spyware and steal crypto wallet credentials, along with other user data. In an Oct.
Denmark's Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026.
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.
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.
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.
The blockchain gaming (GameFi) ecosystem is entering a pivotal phase of growth and is expected to hit a market cap of $301.5 billion by 2030, according to a recent report by blockchain analytics firm Nansen.
Strong altcoins look poised for a move up, according to a top crypto analyst. The pseudonymous crypto trader known as Pentoshi tells his 809,600 followers on the social media platform X that the digital asset market is currently in an important spot for altcoins. “I personally like the structure or basing taking place.
As cryptocurrency evolves with unparalleled investment opportunities, investors are looking for the best cryptos to buy in the US. Identifying these exciting projects can be the key to unlocking exponential returns.
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.
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.
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.
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.
Binance executive Tigran Gambaryan's charges of money laundering have reportedly been dropped in Nigeria after he spent seven months in prison. According to local reports, the Nigerian government is dropping all charges against Gambaryan, leaving Binance as the only defendant left in the lawsuit.
Over 40% of the total ZKL token supply will begin entering the market in six months, following a decision to delay the vesting schedule.
$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.
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.