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...
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...
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...
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...
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...
Dubai will become the new operational hub for Deribit, a leading crypto options trading platform, as it prepares to launch spot and derivatives trading in the United Arab Emirates (UAE) on January 1, 2025. In a recent press...
Blockchain-based ID project World, formerly known as Worldcoin, has launched a pilot program for its World ID Passport Credential, a feature aimed at improving accessibility to the World Network and its native token, WLD. The new World ID...
The Hong Kong Monetary Authority (HKMA) has unveiled a new subsidy initiative, the Digital Bond Grant Scheme (DBGS), to encourage the adoption of tokenized bonds in the city’s capital markets. According to a statement published by the financial...
Coinbase users in the European Economic Area (EEA) are voicing frustration as the exchange announces the end of its USD Coin (USDC) yield program. The move comes in response to the European Union's Markets in Crypto-Assets (MiCA) regulations,...
Celsius, the bankrupt crypto lending platform, has announced that it will distribute an additional $127 million to its creditors. This marks the second payout from its estate since its collapse. The payment will be funded through the "Litigation...
