Trader earns $23M flipping Solana memecoins: Here’s how
The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million from BODEN.
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Bitcoin ETFs rope in $2.6B investments amid weekly bull run
Investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
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Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. 488 Total views 13 Total shares The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on…
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The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. 577 Total views 5 Total shares United States payment systems operator The Clearing House has released its response to a Treasury Department request for comment on “digital-asset-related illicit…
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Investors lament potentially lost ‘millions’ on Voyager bankruptcy
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The future of DeFi is spread across multiple blockchains
Long stuck in the shadows of Bitcoin (BTC), Ethereum (ETH) finally took hold of the market in 2020 during the decentralized finance summer. Designed to recreate traditional financial systems with fewer middlemen, DeFi is now being used across lending, borrowing, and the buying and selling of tokens. The majority of these decentralized applications (DApps) are…
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Microsoft, Goldman Sachs, others partner in new blockchain network
The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte. 1028 Total views 7 Total shares A new blockchain network aimed at financial institutions is in the works from a conglomerate of participants in the finance and tech space, including the likes…
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Thailand to start taxing overseas income next year, including from crypto
Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto. 186 Total views 1 Total shares Thailand’s Revenue Department is planning to impose personal income tax on the foreign revenues, including those made from crypto trading, of any person who resides in
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