Blockchain - Crypto News And Market Updates

Coinbase Withdraws Pre-Application to Enter Turkish Market

December 3, 2024 Gonzalo

Coinbase pulls its Turkish pre-application just months after filing. The decision raises questions amid evolving crypto regulations and market shifts.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Clipper DEX Attributes $450K Hack to Withdrawal Vulnerability, Denies Private Key Leak

December 2, 2024 Gonzalo

Clipper DEX confirms $450K hack stemmed from withdrawal vulnerability, not private key leak. Investigations and recovery efforts are ongoing.

Japan-themed crypto illustration with national symbols and digital assets, representing regulatory reclassification of crypto as financial products.

Japan’s Metaplanet to Reward Shareholders with Bitcoin for Holding Stock

December 2, 2024 Gonzalo

Metaplanet partners with SBI VC Trade to reward shareholders with Bitcoin through a lottery system, aiming to enhance value and boost crypto adoption globally.

Banking and crypto illustration showing a secured loan concept, representing Sberbank-related discussions around crypto-backed lending.

Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining

December 1, 2024 Gonzalo

Russia’s new law imposes a 13%-15% tax on crypto sales, exempts mining from VAT, and grants digital currencies property status, effective January 2025.

Illustration summarizing major crypto business headlines, featuring Tether, Ripple, Ledger, and Worldcoin symbols in a global finance layout.

New York Regulator Set to Approve Ripple’s RLUSD Stablecoin

November 30, 2024 Gonzalo

Ripple’s RLUSD stablecoin awaits NYDFS approval, set for Dec. 4 launch, aiming to revolutionize cross-border payments with trust, speed, and utility.

Russia Officially Recognizes Crypto as Property With New Tax Law

November 29, 2024 Gonzalo

Russia’s new law recognizes crypto as property, imposes taxes on sales and mining, and introduces strict regulatory measures for mining operations.

Illustration showing Amundi tokenizing a €5 billion fund on Ethereum, highlighting institutional blockchain adoption.

Hong Kong Proposes Tax Breaks to Attract Crypto Hedge Funds and Investors

November 28, 2024 Gonzalo

Hong Kong plans tax exemptions on crypto gains for hedge funds, family offices, and private equity, competing with Singapore and Switzerland.

Illustration showing Rumble platform with Bitcoin tipping and digital payment symbols.

Rumble to Invest $20M in Bitcoin as Treasury Strategy Gains Momentum

November 26, 2024 Gonzalo

Rumble plans to invest up to $20M in Bitcoin, marking a major move in its treasury strategy to embrace cryptocurrency. Shares spiked after the announcement.

Bitcoin price range illustration with stablecoin liquidity flows, representing sideways market structure and liquidity dynamics.

Singapore Gulf Bank Seeks $50M for Stablecoin Firm Acquisition

November 25, 2024 Gonzalo

Singapore Gulf Bank plans to raise $50M by selling a 10% equity stake, funding product growth and acquiring a stablecoin payments firm by 2025.

Visual illustrating an FTX-related acquisition lawsuit, highlighting legal action, clawback claims, and corporate dispute themes.

US Attorney Behind Sam Bankman-Fried Case to Resign on Dec. 13

November 25, 2024 Gonzalo

US Attorney Damian Williams will resign on Dec. 13, with Edward Y. Kim stepping in as acting head. Key crypto cases, including FTX, remain in focus.