Crypto firm Gemini picks Ireland as European base amid US crypto blues
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Over 12,000 Brazil companies declare crypto holdings in record high
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded. 331 Total views 15 Total shares

Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think
Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts. As interest in smart contracts surges, some Bitcoiners are asking: why can't Bitcoin (BTC) become the foundation for smart contracts too, instead of Ethereum (ETH)?Muneeb Ali, co-founder and CEO of Blockstack open-source platform, believes that the best way to…

New Zealand introduces OECD crypto reporting framework on new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).

BTC volatility hits record low, stablecoin transaction value tops Visa — ARK
Bitcoin’s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record.

Tether stablecoin is fully backed, says new assurance report
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. 3261 Total views 19 Total shares Tether Holdings Limited, a company behind the world’s largest stablecoin Tether (USDT), has released an assurance opinion to confirm that Tether tokens are fully backed by its…

Bitcoin ETFs record combined $1.2B in outflows in 8 days
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs.

Billionaire investor Bill Ackman says ‘crypto is here to stay’
Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout. 400 Total views 4 Total shares Billionaire investor and hedge fund manager Bill Ackman says he remains bullish about cryptocurrencies, despite the recent collapse of the FTX cryptocurrency exchange and the market turmoil…

US House kills IRS DeFi broker rule, Solana won’t cut 80% inflation rate: Finance Redefined
In a significant regulatory development for the crypto industry, the United States House of Representatives voted to nullify a bill that threatened the privacy-preserving properties of decentralized finance (DeFi) protocols. In the wider crypto space, one of the Solana network’s most significant governance proposals was rejected; it sought to implement a mechanism to reduce Solana’s