Grayscale launches investment fund for MakerDAO token
Grayscale also launched funds for protocols Bittensor and Sui in August.
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Aave’s LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal. On July 29 the price of Aave (LEND) surged 23% as the project released its tokenomics update proposal called Aavenomics. The upside move brought LEND’s market cap to $447 million and will surely have investors curious on whether the DeFi-related…
Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings. 1112 Total views 2 Total shares According to a statement published by the Alabama Securities Commission on June 6, a multi-state task force comprising of state regulators from Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Caroline, Vermont, Washington, and Wisconsin have issued…
South Korea Drafting Legislation To Tax Individual Crypto Profits
Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea.On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts with the National Tax Service’s recent imposition of an 80 billion won ($68.9 million) tax bill…
BlackRock’s IBIT records biggest inflow day since March at $523M
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading.
Mark Yusko predicts crypto bear market to hit in mid-2025
Morgan Creek Capital CEO Mark Yusko shares his 2025 crypto predictions, including Bitcoin’s growth potential and outlook on altcoins, in an exclusive Cointelegraph interview.
UN Secretariat Signs Agreement with Nonprofit to Reward Climate Action With Crypto
A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with nonprofit organization W-Foundation to collaborate on climate action, according to a press release shared with Cointelegraph on May 16.In accordance with the new MoU, the Secretariat of the UN Framework Convention on Climate Change (UNFCCC) will work with South Korea-based…
Bitcoin market cap will match JPMorgan’s if the $16.5K CME gap closes
The sentiment around Bitcoin (BTC) has become noticeably positive after the breakout above $12,000 in August. If this momentum continuously strengthens over the medium term and BTC hits $16,500, it would equal JPMorgan’s market cap.Earlier today MMCrypto, an on-chain analysis firm, outlined major financial and tech conglomerates’ valuations relative to BTC’s potential price. At the…
$2.5B in stolen BTC from Bitfinex hack awakens
The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. 494 Total views 28 Total shares A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts.20 transactions…