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In a move for the Japanese cryptocurrency market, BitFlyer Holdings has completed the acquisition of 100% of FTX Japan’s outstanding shares, effectively making it a wholly owned subsidiary. This strategic acquisition paves the way for BitFlyer to explore new avenues, including the potential launch of crypto-based exchange-traded funds (ETFs) and
NexeraID, a leading provider of blockchain-based digital identification solutions, is pleased to have joined the International Association for Trusted Blockchain Applications (INATBA). With a particular emphasis on digital identification via involvement in the identity Working Group, this membership reaffirms NexeraID’s dedication to advancing the global push on blockchain innovation. Propelling Advancements in
The year 2024 is shaping up to be a game-changer in many aspects. Amidst the buzz surrounding advancements in AI and 5G technologies, one crucial aspect of 2024 that has been overlooked is the record number of elections taking place worldwide in recent memory. Over 64 countries, including 7 of
The Supreme Court of Montenegro overturned a previous court’s decision on the extradition of Do Kwon, co-founder of Terraform Labs. After the prosecution appealed the verdict of the appellate court to deny Kwon’s defense team’s appeal, the decision was made. In its April 5th decision, the Supreme Court highlighted the
Recent events have sparked speculation over whether renowned crypto figure Justin Sun has purchased a large quantity of Ethereum (ETH). Assuming this is accurate, it may give the Ethereum price an additional push beyond $3,500 and beyond. An on-chain data provider Lookonchain has uncovered some interesting activity in whale wallets
Vitalik Buterin, co-founder of Ethereum, has voiced concerns that the execution of new programs inside Section 702 would impact privacy and the crypto community generally, and has therefore criticized the renewal of Section 702 of the Foreign Intelligence Surveillance Act (FISA). The reintroduction of laws allowing the United States government
A proposed new tax form, Form 1099-DA “Digital Asset Proceeds from Broker Transactions,” for reporting digital asset transaction profits has been made public by the United States Internal Revenue Service (IRS), the nation’s tax agency. The form is anticipated to be implemented in 2025 with reporting scheduled for 2026. Feedback
FLock.io, a community-driven platform that makes it easier to create decentralized AI models on-chain, has announced a collaboration with io.net to provide decentralized computing to FLock. By tackling the issues associated with centralized data storage and laying the groundwork for a day when AI will be used to improve human
On April 16, 2024, a lawsuit was filed against the United States Securities and Exchange Commission (SEC) in relation to the Consolidated Audit Trail (CAT), a system that was put in place to collect comprehensive transaction data from U.S. exchanges. The National Center for Public Policy Research and investors are
The Unification Process and the Quest-Based Blockchain RPG, Pixelverse, are the two new additions to the Mon Protocol, Metaverse. Mon Protocol, an intermediary between publishing and blockchain, advances by partnering with Pixelverse, and their collection becomes one of the fundamental components of this novel idea of digital real estate. In
Custodia Bank CEO Caitlin Long discussed the ways in which the court’s ruling in the case involving the Federal Reserve is limiting technological innovation in a conversation with FOX Business correspondent Eleanor Terrett. The Custodia Bank has previously sought oversight from the Federal Reserve System of the United States. The
Bitcoin and Ethereum prices, among many others, fell sharply today on reports from the Israeli military that Iran had attacked the country with “dozens” of drones. Reports indicate that a cargo ship owned by an Israeli billionaire has been seized by Iranian officials, in addition to the airstrikes. President Joe
Hong Kong could approve Bitcoin and Ethereum ETFs as soon as next Monday, which would be a huge deal for the crypto community. Bloomberg broke the news, and the crypto world is ecstatic, particularly in light of the phenomenal performance of Spot Bitcoin ETFs in the US. Furthermore, the report
Decentralized autonomous organizations (DAOs) now have a legal framework thanks to a measure signed into law by Wyoming Governor Mark Gordon. Furthermore, the Select Committee on Blockchain, Financial Technology and Digital Innovation Technology of the legislature supported the law, which establishes a formal framework for decentralized unincorporated non-profit organizations (DUNAs)
U.S. investment losses in 2023 were mostly attributable to crypto-related investment fraud, according to the Federal Bureau of Investigation (FBI). Investment losses associated with cryptocurrency jumped 53% from $2.57 billion in 2022 to about $3.94 billion in 2023, according to a new report from the FBI. At the same time,
Grayscale Investments, an asset management business, has launched a new staking fund in addition to its spot Bitcoin ETF. The Grayscale Dynamic Income Fund (GDIF) is a recently established cryptocurrency staking fund that was detailed in a post on twitter. An announcement from Grayscale states that this is their first
The winners of the CMC Crypto Awards 2024 have been revealed by CoinMarketCap after ten days of public voting, in-depth data analysis, and talks with an expert committee. The CMC Crypto Awards are an annual celebration of the remarkable individuals, products, and initiatives influencing Web3 and cryptocurrency. The winners were
A further triumph in the extradition case to the U.S has been achieved by Terra co-founder Do Kwon. An official translation of Tuesday’s announcement states that the highest court in Montenegro reversed a lower court’s decision to extradite Do Kwon to the United States. Do Kwon has now won three
In a post on X (previously Twitter) on Friday, Grayscale announced the establishment of a “dynamic income fund” that would invest in proof-of-stake tokens. The fund, which goes by the ticker symbol GDIF, is reserved for authorized investors who have a net worth of $2.2 million or more, according to
With its Initial Exchange Offering on Bybit, one of the top 2 exchanges in the world for derivatives volume and one of the top three exchanges globally by spot volume, Velar, the Bitcoin liquidity protocol that is bringing trillions of dollars in dormant capital to DeFi markets, is thrilled to
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