Binance, the world's largest blockchain and exchange, has launched the ‘Binance PayDay' crypto cashback event for holiday shoppers making purchases using cryptocurrencies. Over $200K in PEPE will be up for grabs for the 19,480 eligible shoppers who will shop from participating Binance Pay merchants.
Marc Andreessen's chat with Joe Rogan set off a viral response from the crypto world, with many industry enthusiasts and startup founders recounting their own run-ins with being debanked by financial institutions. This exchange quickly became a focal point for the community, sparking shared experiences and fresh debates around access and fairness in traditional banking.
Hong Kong came up with a new idea to attract crypto investors. A bold new proposal offers tax breaks on crypto gains, making it a hot topic among the wealthy. But it brings a big question if this move can turn Hong Kong into a global crypto powerhouse? Let's break it down.
Brian Armstrong accused SEC's Gensler and Senator Warren of undermining crypto, fueling debanking issues, and impacting the 2024 election.
The proposal is currently under a six-week consultation period.
Base processed a historic 11.447 million transactions in a single day, driven by the viral success of meme coins like Clanker and Virtuals Protocol.
The MemeFi campaign has officially wrapped up its Round 2 Quest and Airdrop, rewarding participants with a share of 600 MemeFi tokens each.
The PAWS token is preparing for a significant listing on various major crypto exchanges, scheduled for Dec. 30, 2024.
Hong Kongs government is pushing for sweeping crypto tax exemptions, inspired by Donald Trumps crypto-friendly initiatives. The city seeks to solidify its standing as a leading offshore financial hub amid growing global competition.
Binance, the largest cryptocurrency platform, has announced Binance PayDay, a promotional event meant to encourage crypto usage during the holiday shopping season, as reported to Finbold on Thursday, November 28.
Russia's Federation Council has approved a tax bill recognizing cryptocurrencies as property, imposing a 13%-15% tax on transactions while exempting miners from VAT, pending President Putin's signature to become law. The post Russia Passes Bill Taxing Crypto Transactions, Exempts Miners from VAT appeared first on Cryptonews.
According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance. The study indicates that stablecoins are increasingly used for purposes akin to traditional finance, such as saving and transacting in U.S. dollars and facilitating cross-border payments.
XT.com, a Seychelles-based cryptocurrency exchange, has paused withdrawals following reports of a suspected $1.7 million hack. The post Crypto Exchange XT.com Halts Withdrawals Amid $1.7 Million Hack Allegations appeared first on Cryptonews.
In this article, we explore the U2U project, a high-performance blockchain that aims to redefine the role of the DePIN industry.
Volatility Shares, a financial firm known for its novel exchange-traded funds, is launching a new line of ETFs. The financial instrument, using a one-plus-one model, will give investors 100% leveraged exposure to two distinct assets simultaneously.
The government has proposed a new tax break for private equity funds and hedge funds. Also, investment vehicles are used by the super-rich.
HyperLiquid, a decentralized perpetual exchange, has recently announced the launch of HYPE, a native token that will be airdropped to early adopters on Friday. The total supply of HYPE tokens is capped at 1 billion, with the distribution allocated in the following manner: 38.
XT Exchange has temporarily halted withdrawals for all digital assets after a suspected security breach.
OKX is launching the new exchange for Belgian users with up to 200 cryptocurrencies with plans to increase the number in the future.
The promise of blockchain lies in its ability to connect people, ideas, and opportunities across borders. However, this transformation is uneven, with many underserved regions and communities lacking the resources to participate fully in the growing economy of the digital world.
Amrita Srivastava, a former Binance Holdings executive based in London, sued the cryptocurrency exchange in the United Kingdom for bribery allegations. According to Srivastava, who worked on Binance's Link platform that connected external brokers and customers to the exchange, a co-worker took money to ostensibly speed up integration to the firm.
In a landmark decision, the Fifth Circuit Court ruled that in the U.S. it is illegal for the Treasury to impose sanctions on Tornado Cash smart contracts. This ruling supports liberty and privacy and represents a major win for the crypto community.
US President-elect Donald Trump appears set to appoint the US Commodity Futures Trading Commission (CFTC) to oversee the crypto industry. This appointment will put the CFTC ahead of the Securities and Exchange Commission (SEC) in regulating the crypto industry.
The objective of the game is to convince the AI to send out the funds in her wallet — but it's proving tricky so far.
Inflation is on the rise again in the United States, and this could impact central bank monetary policy, which may impact crypto markets.
Black Friday is not only about shopping deals or shopping discounts; also presents a good opportunity in the cryptocurrency market, for investors to seize and create substantial profits. Amid price volatility, with Bitcoin price trading between a low of $92,000 and a high of $97,000, there are strategic investments to consider for massive gains.
TL;DR MetaMask integrates Venmo for seamless crypto purchases, simplifying the process for U.S. users. Powered by Moonpay, the integration ensures secure and efficient transactions, attracting a broader audience. This move lowers barriers to entry, promoting mainstream adoption of cryptocurrencies in the U.S.
Bitwise seeks SEC approval for a crypto ETF, providing diversified exposure to major cryptocurrencies with secure asset management partnerships.
Coinbase CEO Brian Armstrong attributes Democratic election results to cryptocurrency regulatory policies implemented under SEC Chairman Gensler and supported by Senator Warren, citing impacts on young voters and tech industry support.
XT Exchange has temporarily suspended withdrawals for all digital assets following what appears to be a security breach. Blockchain security firm PeckShield has reported that the exchange may have been compromised, with the attacker allegedly stealing $1.7 million in cryptocurrencies and converting the funds into Ethereum.
Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks' full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry.
A US Federal Judge in Little Rock has temporarily halted Arkansas State's efforts to shut down a crypto mining firm owned by a Chinese-born man. The ruling comes after the firm requested a Temporary Restraining Order (TRO) claiming illegal discrimination.
Can Bitwise's bold ETF push outpace its competitors in the crowded crypto investment space?
Cointelegraph Research examines how the U2U Network leverages DePIN to solve enterprise challenges in scalability, security and compliance.
OKX expands its European footprint with a launch in Belgium, featuring free Euro deposits through a partnership with local payment provider Bancontact.
Trump's crypto-friendly policies could increase crypto crimes, several news reports and analysts have raised concerns. According to a Guardian report, there are reasons to believe that there can be potential misuse of cryptocurrency by far-right extremists and terrorist groups.
Tech and blockchain firm Serenity partnered with payment and connectivity company IDEMIA Secure Transactions to jointly launch the biometric security card sAxess.
XT.com has issued a statement acknowledging an “abnormal transfer of platform wallet assets” but hasn't confirmed the $1.7 million hack yet.
Pump Science, a decentralized science platform, was hacked after its private key was leaked on GitHub, allowing attackers to mint fraudulent tokens and significantly impacting the market value of its legitimate offerings. The post DeSci Project Pump Science Hacked After Private Key Leak appeared first on Cryptonews.
Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge as a competitive rival against Singapore and Switzerland in the race for the top offshore financial hub.
November is the most bullish month of the year, with the Coinglass monthly Bitcoin returns report indicating a +36.29% increase, which is more than 3x the Uptober. The same stats would have been even higher if the crypto market had not witnessed a crash yesterday, but that has changed today.
Hong Kong's move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness.
AI-focused cryptocurrencies rallied over the past week following a highly bullish quarterly sales report from Nvidia, which exceeded estimates. NEAR Protocol (NEAR), the largest AI coin by market cap, rose 20% over the past 7 days, trading at $6.
Cryptocurrency exchange OKX has launched its trading platform and wallet in Belgium, offering euro trading pairs and free deposits through Bancontact, while operating under Malta's regulatory framework rather than direct Belgian approval.
The proposed ETF allocates 75.1% to BTC, with ETH and SOL following at 16.5% and 4.3%, offering investors diversified crypto exposure.
With Donald Trump's bold plans to make Bitcoin a mainstream financial investment. The other countries are following suit and the latest after Russia is Hong Kong which is stepping up its game to become a go-to destination for crypto investors and businesses.
Bleap is currently in beta with select EU users, with a full public deployment scheduled for Q1 2025 and a token launch expected in 2026.