Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.
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A multichain future will accelerate innovators and entrepreneurs
My colleague, Elias Simos, likes to say we're living through a digital asset renaissance, including the digitization of non-digital asset value. Decentralized solutions to a myriad of financial and peer-to-peer obstacles are flourishing, but many innovators and entrepreneurs are still tied to old models of building the projects.Some platforms, such as Polkadot and Cosmos, are…

Taiwan to trial crypto custody services through local banks in 2025
Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.

Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan
China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country. The Nasdaq-listed company announced Tuesday that it had…

Ledger launches NFT-focused hardware wallet Nano S Plus
The new Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the firm introduced its first wallet HW1 back in 2015. 473 Total views 7 Total shares Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in…

UK Treasury seeks input on taxing DeFi staking and lending
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers. 182 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe tax treatment of lending and borrowing on decentralized finance (DeFi) protocols could soon be changed in the United Kingdom…

Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. 702 Total views 19 Total shares Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such…

Bitcoin traders watch $32K ahead of Friday’s $330M BTC options expiry
This Friday's weekly Bitcoin (BTC) options expiry currently holds a $330 million open interest. Considering the recent struggle to regain the $32,000 support, this event is an important test of bulls' willingness to display reversion signs.On July 21, Alameda Research announced that the company made Bitcoin purchases below $30,000, and Sam Trabucco, the firm's quantitative…

DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty
Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin's consolidation. 2304 Total views 14 Total shares DeFi blue-chips, including Aave (AAVE) and SushiSwap (SUSHI), have been rallying hard in the past several days while Bitcoin is seeing range-bound consolidation at around $35,000 as of Jan. 17. Both AAVE and SUSHI prices have risen by more…