Day: 2 December 2024

The cryptocurrency market was recently shaken by a major move from the US government, which transferred 20,000 Bitcoin—worth about $1.9 billion—from a wallet tied to the Silk Road dark web marketplace to Coinbase. This transfer is the latest in a series of high-profile moves by the government, fueling fresh speculation ...

South Korea has delayed the implementation of its controversial 20% cryptocurrency tax for the third time, extending the deadline to 2027. Democratic Party (DP) floor leader Park Chan-dae announced a postponement of cryptocurrency tax enforcement, citing the need for more institutional preparation and a comprehensive overhaul of existing frameworks. This ...

Metaplanet, listed in Tokyo, has launched a novel shareholder benefit program in collaboration with SBI VC Trade, a subsidiary of SBI Holdings. The program implements a lottery system that rewards shareholders with Bitcoin, representing a distinctive approach to shareholder incentives. On December 2, the Japanese investment firm announced a new ...

DWF Labs, a leading venture capital firm focused on cryptocurrency investments, will be moving its headquarters from Singapore to Abu Dhabi. Andrei Grachev, co-founder of DWF Labs, announced the decision via an X post on December 2. He cited the firm’s goal of expanding its operations in real-world assets (RWA) ...

Coinbase’s Ethereum Layer-2 network, Base, is rewriting the playbook for blockchain innovation by rejecting the need for a native token. As the blockchain landscape is often shaped by token launches and speculative hype, Base has chosen a different path—one rooted in practicality and a focus on real-world applications. Jesse Pollak, ...

U.S. asset managers are planning to launch Bitcoin exchange-traded funds (ETFs) that utilize derivatives to reduce the price volatility of digital assets. This initiative aims to make cryptocurrency more appealing to risk-averse investors. According to a report by Financial Times on Monday, December 2, leading firms like Calamos Investments, First ...

SBI VC Trade, the cryptocurrency exchange division of Japan's SBI Holdings, has agreed to acquire all customer accounts and assets from DMM Bitcoin, a cryptocurrency trading platform based in Tokyo. The agreement, announced in a statement by SBI VC Trade on Monday, outlines plans to transfer all customer assets, including ...

Have you ever regretted not investing in Toncoin (TON) or other altcoins when they were first launched? The cryptocurrency market has seen jaw-dropping success stories, with early investors enjoying life-changing profits. Toncoin started with humble beginnings, offering a promising vision of scalability and efficiency. Now, its value has skyrocketed, making ...

Why the PropiChain Presale Is a Golden Opportunity Currently priced at $0.004, PropiChain’s presale offers an unparalleled entry point. As it transitions to Stage 2, the price is expected to rise to $0.011, representing a 275% increase. Early investors stand to gain the most as the token begins its journey to a projected $1 ...

Changpeng ‘CZ’ Zhao, the former CEO of Binance, has expressed no intention of returning to the role despite receiving support from the crypto community following a suggestion for a pardon.  On December 2, CZ responded to a post by John Lilic, the Executive Director of the Telos Foundation, who recommended ...