General News

Trump-Backed PAC Raises $7.5 Million in Crypto for 2024 Election Bid

The Donald Trump-supporting political action committee (PAC), "Trump 47," has raised $7.5 million in cryptocurrency between July and September 2024. This significant amount, largely...

Italy Proposes Raising Bitcoin Capital Gains Tax to 42%

The Italian government is considering a significant increase in the capital gains tax on Bitcoin, raising it from 26% to 42%, according to Deputy...

MicroStrategy Shares Surge Over 1,500% Since 2020

MicroStrategy's stock has skyrocketed by over 1,540% since 2020, significantly outperforming the S&P 500, which grew just over 111% during the same period. This...

Indian Police, Binance Dismantle Fraudulent Solar Energy Scheme

Indian authorities, with support from crypto exchange Binance, have taken down a major scam involving M/s Goldcoat Solar, a fraudulent entity posing as part...

Tesla Transfers Entire $765 Million Bitcoin Stash to Unknown Wallets

Tesla has moved all of its Bitcoin holdings, valued at over $765 million, to unidentified wallets in a surprising transfer. Data from Arkham Intelligence...

Grayscale Seeks SEC Approval to Convert Multi-Crypto Fund into ETF

Grayscale Investments is moving forward with plans to convert its $524 million multi-cryptocurrency fund into an exchange-traded fund (ETF). The company recently filed a...

Cash Is King When Digital Payment Systems Fail

When hurricanes and other natural disasters strike, they expose the limits of digital finance and emphasize the importance of cash. While mobile apps like...

Argentina Recognizes Smart Contracts as Legally Enforceable

Argentina has made a significant move toward blockchain adoption by officially recognizing smart contracts. These blockchain-based agreements can now be used for rental agreements,...

Regulation-by-Enforcement Pushes Talent Away

RAK DAO chief commercial officer Luc Froehlich warned that unclear regulations and enforcement-led policies in some countries are driving away blockchain talent, creating opportunities...

Grayscale Explores Adding Dogecoin, Worldcoin

Grayscale Considers Expanding Crypto Offerings with 35 New Altcoins Grayscale Investments, a leading crypto asset manager, has added 35 cryptocurrencies to its “under consideration” list...

Bitcoin ETFs Surge with $556 Million Inflows

Bitcoin ETFs Experience Record Inflows Amid Price Surge Spot Bitcoin ETFs in the U.S. recorded a massive $555.9 million inflow on October 14, marking the...

UAE Central Bank Grants Preliminary Approval to AED Stablecoin

The Central Bank of the United Arab Emirates (CBUAE) has given in-principle approval to AED Stablecoin, setting the stage for the country’s first regulated...