Cryptocurrency transactions in the United Arab Emirates (UAE) will be exempt from value-added tax (VAT) starting next month, according to accounting giant PricewaterhouseCoopers (PwC). The accounting giant says the UAE’s Federal Tax Authority (FTA) published amendments earlier this month exempting crypto transfers from VAT charges. “Additional services are exempt from VAT: The management of investment […]

The crypto market’s recent crash has seen leading cryptos like Shiba Inu (SHIB) bleed, threatening its potential to hit $1 soon. Meanwhile, RCO Finance (RFOF), an upcoming Ethereum token, has gained investor interest after jumping significantly during its presale and promising more returns. When is Shiba Inu likely to hit $1, and what is behind […]

On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range of voices from the cryptocurrency space, including developers, early adopters, and […]

Fidelity’s Bitcoin ETF has secured more than $100 million worth of flows

The number of crypto-related litigations brought by the SEC increased four times in the third quarter compared to the prior quarter, according to a recent study. This comes as the sector faces intensified scrutiny amid heightened enforcement actions by the regulator. Surging Enforcement Actions The research by Finbold indicates that from July to September 2024, […]

BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.

The Bitcoin price started out the month of October on a rather bearish note with a notable 10% drop in price from $66,000 back down to $60,000. This put a damper on the “Uptober” sentiment as selling pressure mounted. However, the weekend turned out to be bullish for the Bitcoin price and the pioneer cryptocurrency […]

TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users. It includes an automatic mode that optimizes trading by […]

A US bankruptcy court has approved FTX’s plan to repay customers approximately US$16B in cash and interest. FTX’s repayment strategy will return at least 118% of customers’ account balances from November 2022, with 98% of creditors set to receive the payments and 94% expressing support for the plan. While some customers are disappointed that they […]

Cryptocurrency exchange Crypto.com says in the lawsuit that it thinks other crypto assets should be treated in a manner similar to bitcoin and …

Recently a big snafu was made about changes to the BIP 85 repository. For those not familiar with the BIP, it’s a very simple scheme to allow generating new word seeds from a derivation path in a pre-existing word seed that you have. The logic of the BIP is to enable people who utilize multiple […]

Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading. In a blog post, the exchange says it is listing the new Ethereum (ETH) layer-2 Scroll (SCR) on the Binance Pre-Market platform, a service announced last month that allows users to acquire tokens in advance of […]

The Open Network (TON), a layer-1 blockchain linked to the social platform Telegram, has attained a new milestone in its history. According to data from a CryptoQuant analyst, the L1 blockchain reached 100 million unique wallet addresses with non-zero balances. This marks a 95% surge in active users since the start of the year, which […]

China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the Shanghai Cooperation Organization (SCO). At an event celebrating 75 years of diplomatic relations, State Councilor Shen Yiqin emphasized China’s readiness to bolster international cooperation and multilateral partnerships, especially within the Global South. China Reaffirms Strategic Commitment to […]

Shiba Inu’s price has changed drastically in last few weeks, but there’s more to see here

We’re thrilled to announce that MEW is now available for trading on Kraken! Funding and trading Trading for MEW will be live as of 16:00 PM UTC today, October 8, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your […]

Bybit partnered with the Nordic Blockchain Association (NBA) to foster innovation and growth within the regional blockchain ecosystem. The partnership is reportedly part of the NBA’s effort to create a better blockchain community in the Nordics. Building a Blockchain Ecosystem The association aims to address challenges related to blockchain adoption and promote educational initiatives. Bybit‘s […]

The Bitcoin layer-2 startup has raised more capital for its upcoming Bitlayer v2, bringing its total funding to $25 million to date.

Smart investors hunt for undervalued altcoins with explosive growth potential as the cryptocurrency market evolves. These three tokens; Degen (DEGEN), Pepe (PEPE), and ETFSwap (ETFS) are coins likely to do 500x in 2024. ETFSwap (ETFS): Your Gateway To Innovative Trading ETFSwap (ETFS) is one of the altcoins that is most likely to complete a 500x […]

Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5. These impressive figures position SUI among the top performers in the crypto market over the last two months […]

USDT, the stablecoin issued by Tether, is reportedly experiencing the impacts of Chinese investors suddenly returning to their nation’s stock market. According to a new report by Bloomberg, USDT has at times traded below the value of the US dollar since the end of September. Stablecoins are usually pegged to the dollar or other assets […]

Wells Fargo says it feels bad for a customer, but refuses to reimburse, after a con artist ripped $14,000 from her account. It all started when California businesswoman Phi Dang was told a large invoice hadn’t been paid, reports NBC Los Angeles. Dang had mailed a $14,000 check and her statement showed it had already […]

COLUMBUS, Ohio — The Bureau of Criminal Investigation's Electronic Fraud Investigations unit was created over the summer to form a bridge between …

Company Name: Vexl Founders: Lea Petrášová, Marek Palatinus and Pavol Rusnak Date Founded: June 2022 Location of Headquarters: Prague, Czech Republic Amount of Bitcoin Held in Treasury: The majority of the treasury is bitcoin Number of Employees: 5 full-time employees and 5 part-time employees/volunteers Website: https://vexl.it/ Public or Private? Private Lea Petrášová is a cypherpunk […]

TL;DR Babylon Labs anticipates an increase in fees at its Cap-2 event due to high demand for Bitcoin staking. The minimum deposits will be 0.005 BTC, while the maximum allowed is set at 500 BTC. The event aims to promote the adoption of Bitcoin on a layer 2, facilitating liquid staking with non-custodial control. Babylon […]

TL;DR deBridge launched its Hooks feature, optimizing the transfer of data and value between blockchains in real-time, focusing on efficiency for developers and DeFi protocols. Hooks allows developers to automate critical tasks such as asset distribution and user onboarding, eliminating the need to perform multiple steps. Other projects, such as ZKsync, are integrating interoperability solutions, […]

Following Elon Musk’s appearance at a Trump campaign rally on Saturday, the former president has surged to an 8% lead over Democratic rival Kamala Harris on Polymarket. Musk jumped up and down and spoke at the rally, declaring himself to be “dark MAGA”. Despite trailing on Polymarket’s headline odds, Harris still leads in Nevada and […]

Cardi B, took to her X account to promote a new meme coin named after her iconic track. However, there have been concerns surrounding the promotion, with security experts suggesting the account may have been compromised. Cardi B Shares $WAP Video The rapper, who has been in the news lately after claims emerged that she […]

Meme coins remain a vital part of the crypto ecosystem. But new coins pop up almost daily, making it tough to track which ones are worth checking out. Jacob Bury, a top crypto expert on YouTube, has his eye on two in particular – Flockerz (FLOCK) and Pepe (PEPE) – believing they could rally before […]

While digital gold made substantial return, things are still too complicated

The Hong Kong Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by the end of the year, according to CEO Julia Leung. Speaking to local outlet HK01 on October 6, Leung noted that 11 platforms seeking licenses have undergone on-site reviews. She expects further progress in their applications before 2024 ends. This […]

The Bankhaus Scheich subsidiary got its own BaFin license after using the parent company’s for several years.