eToro to Pay for Major UK Soccer Sponsorship Deal With Bitcoin

The U.K. Financial Conduct Authority (FCA) is not swayed by the size of crypto companies when granting regulatory approval, its CEO Nikhil Rathi told lawmakers at a Treasury Select Committee hearing on Wednesday.The FCA is in charge of registering and overseeing crypto companies that wish to operate in the country under existing anti-money laundering requirements.…

(Bruce Christianson/Unsplash)Yearn.Finance’s New Vault Leverages DeFi ‘Triforce’: ETH, MakerDAO and CurveDecentralized finance (DeFi) looks set to gobble Ethereum. On the Bankless YouTube channel Tuesday, recently departed chief of oracles at MakerDAO, Mariano Conti, spoke about how excited he is to see Yearn.Finance create a vault for yield farming with ether (ETH), the native token of…

Bitcoin temporarily surged to as much as $138,000 on crypto exchange Binance.US earlier today in a sudden price wick on the btc/tether trading pair, exchange data shows.Prices shot up to those levels for a few seconds at 6:50 a.m. UTC before immediately reverting to parity with other bitcoin spot markets. Other trading pairs for bitcoin…

India's controversial 1% tax deducted at source (TDS) crypto tax policy needs to be lowered to 0.01%, a technology think tank has proposed based on a new study.India's most controversial crypto policy, a 1% transaction tax deducted at source, needs to be lowered to 0.01% to help the government achieve its aims of boosting revenue

Hyped Base meme coin normie (NORMIE) plunged 99% on Sunday after being hit by an exploit that saw attackers manipulate the token’s total supply, completely draining its liquidity pools.Blockchain sleuths said attackers exploited a so-called tax function in the token’s contract to issue more tokens than the intended 1 billion supply. The extra tokens were

Some Solana ecosystem tokens and meme coins are gaining value from SOL’s 110% rally over the past month, a sign of rising bullish expectations for the blockchain among investors.Bonk (BONK), a Solana token that began life as a meme coin in January, has surged 66% over the past 24 hours to extend a week-long rally

news A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware, users will be able to purchase BTC using cash, credit and online debit transfers. According…

A new type of market infrastructure in the form of a unified electronic ledger could enhance the global financial system, argues a Tuesday report by the Bank for International Settlements (BIS).This ledger, proposed by the umbrella group for central banks as part of its annual economic report, could combine central bank digital currencies (CBDCs) along…

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