Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.
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Italian gov’t to ramp up surveillance of crypto market
The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.
SBI Group launches crypto-asset fund for Japanese investors
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio. 1079 Total views 33 Total shares Tokyo’s biggest finserv firm, SBI Group, will now allow general Japanese investors to purchase cryptocurrencies via its newly launched ‘crypto asset fund’. The fund…
Best and worst countries for crypto taxes — plus crypto tax tips
So you’ve struck it rich in crypto? You’ll want to head to one of these countries to keep your newfound wealth.
Redditors cheer as GameStop assembles team of NFT experts
“Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath,” Gamestop’s Head of Web3 Gaming job listing reads. 1588 Total views 15 Total shares GameStop (GME) is assembling a team of blockchain and NFT experts to work on the firm’s upcoming NFT platform. The firm’s GME…
FTX debtors file lawsuit against exchange’s Bahamian arm on ownership of property
The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers". 157 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe legal teams representing Alameda Research, FTX US, and FTX Trading have…
Chainlink Utility Drives LINK Price, but a Correction Could Be Coming
Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date. In July alone, the now ninth-largest crypto by market cap has gained close to 80%, with blockchain analytics firm Santiment identifying LINK as its top-ranked emerging cryptocurrency.Amid the price gains for LINK has come talk of a new altseason,…
NFT markets are out of balance, with sellers dominating: Data
Recent data has revealed that throughout April, the nonfungible token market has consistently seen more sellers than buyers, without a single exception.According to data from the analytics platform NFTGo, there were only 7,907 buyers on April 26, while there were 8,641 attempting to sell their NFTs.Days before, on April 19, the NFT market hit its second lowest…
Research Firm and Environmental Watch Dog Test World’s First Air Quality Ledger
Citing the inadequate weather data collection, an international partnership is testing the world’s first air quality ledger and trying to stem a global crisis.Air quality as public health crisisPlanetWatch announced earlier today the battle-testing of air quality monitors linked to research firm Algorand’s blockchain.“It is currently operating in several Italian cities (fixed installations and mobile…