Mining company TeraWulf pays off outstanding debt early

The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far. 979 Total views 27 Total shares ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund…

The Italian Senate committee has approved an amendment on blockchain industry regulation, Cointelegraph Italia reports on Jan. 24.The amendment, known as the “Decreto semplificazioni,” has been approved by the Senate committees of Constitutional Affairs and Public Works yesterday, Jan. 23, and reportedly represents the first regulatory move in the blockchain space by the Italian government.The…

Web3Auth's technological infrastructure has already been implemented by the likes of Binance Chain, Ubisoft and Rarible across an array of Web3 projects. 991 Total views 39 Total shares Solana Labs and Web3Auth have announced a collaborative digital wallet initiative designed to eliminate the prerequisites for seed phrases in cryptocurrency interaction, and in turn, streamline a presently tedious…

Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000. 1206 Total views 27 Total shares On Thursday, PayPal's crypto trading and payments went live for all eligible customers in the United States.Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency in the U.S.…

In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.”Cause for optimismThe letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the company will…

Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies. 884 Total views 50 Total shares Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after…

The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a…