Crypto exchange Binance will introduce the GOATUSDT perpetual contract, allowing traders to leverage up to 75x amid the ongoing meme coin frenzy.
Lawmakers are advocating for the sale of Russian-mined Bitcoin to international buyers during the BRICS summit. Russia's m-Bridge initiative uses CBDCs for cross-border payments to reduce the dollar's dominance.
Stablecoins are expanding beyond crypto trading and will soon impact broader financial systems, according to Eric Chen, CEO of Injective Labs, What Happened: In an interview with Benzinga, Chen emphasized stablecoins are set to transform industries by addressing inefficiencies in mainstream finance and enhancing transaction speed and accessibility across global markets. He believes stablecoins will soon become a cornerstone of major financial processes, particularly in areas such as cross-border payments and capital formation.
Denmark Tax Council has proposed enacting a new regulation to tax residents' unrealized gains and losses on cryptocurrencies. The proposed law is meant to unify all tax regulations relating to crypto assets and streamline the process.
As the crypto market shows signs of recovery, a surge in liquidations tells a different story. According to CoinGlass data, crypto liquidations have surpassed $271 million, the highest of the week, affecting major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), along with newer projects like NEIRO.
Binance is further boosting the utility of digital currencies hosted on its platform with fiat off-ramp.
Midas' latest tokenization product, mBTC, which will pay out yields of 4% paid in wrapped bitcoin assets rather than fiat.
An Austrian court has sentenced five individuals linked to the EXW-Token scam to prison, in one of the largest cryptocurrency fraud trials in the country's history.
More than a dozen crypto exchanges in South Korea have closed or suspended operations in 2024, leaving nearly $13 million in assets unclaimed by almost 34,000 subscribers.
Bybit adds support for X Empire's $X token for trading, expanding the number of digital assets available for users.
Consensys has published an open letter to the next U.S. president in the Wall Street Journal, sharing the crucial role of crypto in America. This move by the blockchain and web3 software company comes amid the company's ongoing lawsuit with the Securities and Exchange Commission (SEC).
Leading crypto exchange Binance on Thursday issued a vital announcement for its users, streamlining offerings on the crypto trading platform. The crypto exchange revealed that it is partnering with Paymonade, a top-notch crypto payment technology solution, to facilitate direct crypto selling for users.
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.
Crypto trading is no less a roller coaster, as it offers high risks and rewards. More importantly, there are incidents when rewards can turn into risks and vice versa, as the high volatility often challenges the crypto market.
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.
Binance's falling market share could present a significant opportunity for smaller rivals like Bybit and OKX.
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
Base will implement fault proofs on the mainnet twice as fast as Optimism, which took about six months to upgrade the system from testnet to mainnet.
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.
Base, an Ethereum Layer 2 (L2) scaling solution, will introduce fault proofs to its main net on October 30th, 2024.
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.
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.
Hong Kong is doubling down on its ambition to become the global hub for digital finance, especially in virtual asset trading and cryptocurrency regulation.
“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.
Critics such as Mark Cuban contend that foreign investments may skew the betting odds on platforms like Polymarket.
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.