Tag: Business
Russia Implements New Taxation Framework for Cryptocurrency and Mining
Russia has taken a significant step in regulating cryptocurrency and mining by implementing a new taxation framework. The Federation Council approved amendments to the Tax Code, providing legal clarity and incentives to boost the...
Ethereum Co-Founder Transfers $72 Million in ETH to Kraken Exchange
Ethereum co-founder, Jeffrey Wilcke, recently transferred a significant amount of ETH to the Kraken exchange. The transfer amounted to 20,000 ETH, which is worth over $72 million. This is the fourth time Wilcke has...
CFTC Leading Digital Asset Regulation in Trump Administration
The Trump administration is looking to shift digital asset regulation from the SEC to the CFTC, as reported by Fox Business. This move would give the CFTC oversight of spot markets for digital commodities...
Regenerated Title: XT Exchange Reassures Users Following $1.7 Million Asset Theft
XT Exchange is working diligently to address the recent theft of $1.7 million in assets from its platform. The technical team is currently conducting an urgent investigation to identify the source of the abnormal...
Metaplanet’s $62M Bitcoin Expansion Strategy: Following in MicroStrategy’s Footsteps
Metaplanet, a Tokyo-listed investment firm, is planning to raise 9.5 billion yen, which is around $62 million, to strengthen its Bitcoin portfolio. The company revealed that the funds will be raised through its 12th...
Tether Shifts Focus to Hadron Amid European Regulatory Challenges
Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether, Paolo Ardoino, mentioned that the regulatory hurdles with MiCA have...
Revolutionizing Luxury Watches with Blockchain and NFTs: JMJ Mach
JMJ Mach is a Korean watchmaker that is disrupting the traditional luxury watch industry by incorporating blockchain technology and NFTs into their timepieces. By blending mechanical craftsmanship with unique NFT designs and tamper-proof blockchain...
Bitcoin Price Plunge: Short-term Investors Suffer Losses Below $93k
Bitcoin investors were hit hard recently as the price of the cryptocurrency plunged below $93,000. Short-term investors who were hoping for quick profits found themselves facing significant losses as the market took a downturn.The...
Bitcoin Price Prediction Post-Election: $140K Break or Reversal?
Bitcoin has been on a wild ride since the recent U.S. presidential elections, surging past previous highs to reach $73,000 in March. The big question now is whether this upward trend will continue or...
IREN Stock Price Surges Due to Hyperscaler Interest and Potential Bitcoin Dividend
IREN's stock price experienced a significant surge of 30% following discussions about the company's fiscal first-quarter earnings on a conference call. This increase was primarily driven by the revelation that IREN had garnered interest...
