Uncategorized Archives

Bitcoin

El Salvador to Discontinue Bitcoin Wallet Chivo in $1.4B IMF Agreement

December 20, 2024 Dan K

El Salvador will shutter Chivo wallet as part of a $1.4B IMF deal. Bitcoin remains legal tender, safeguarding BTC’s role in the nation’s economy.

Nigerian SEC building with digital currency symbols representing new cryptocurrency regulations.

Nigerian SEC Tightens Crypto Marketing Rules

December 19, 2024 Dan K

Nigerian SEC tightens crypto rules, requiring VASPs and influencers to gain approval for promotions. Penalties for violations include fines and jail time.

Ukraine Advances Crypto Regulation Plans for 2025

Ukraine to Legalize Cryptocurrency in Early 2025 with No Tax Exemptions Planned

December 12, 2024 Dan K

Ukraine plans to legalize cryptocurrency by 2025, implementing regulations with taxation similar to securities, but without tax exemptions to prevent misuse.

Altcoins

USDT Gains Regulatory Approval in Abu Dhabi: A Milestone for Tether

December 10, 2024 Dan K

Tether’s USDT is now approved as a virtual asset in Abu Dhabi’s ADGM, reflecting FSRA’s support for stablecoins’ vital role in modern global finance.

A Polish police officer standing outside a courthouse; arrest linked to crypto exchange WEX and US extradition request.

Poland Arrests Ex-CEO of Russian Crypto Exchange WEX for US Extradition

December 9, 2024 Dan K

Poland arrests ex-WEX CEO, Dmitry V., for extradition to the US. The crypto executive faces fraud and money laundering charges, risking 20 years in prison.

A digital concept image depicting a hacker stealing cryptocurrency through fake meeting apps.

Crypto-Stealing Scam Targets Web3 Workers with Fake Meeting Apps

December 9, 2024 Dan K

Scammers target Web3 workers with fake meeting apps like “Meetio,” stealing crypto wallet credentials via malware, warns Cado Security Labs.

Czech Bitcoin tax exemption for holdings over three years, fostering long-term crypto investments.

Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years

December 8, 2024 Dan K

Czech Republic exempts Bitcoin held over three years from capital gains tax. New crypto rules effective January 1, 2025, encourage long-term investments.

A mining rig processing Dogecoin and Litecoin, representing BIT Mining’s diversification strategy.

BIT Mining Reports Triple Profits Mining DOGE and LTC Over Bitcoin

December 5, 2024 Dan K

BIT Mining’s pivot to Dogecoin (DOGE) and Litecoin (LTC) mining proved 3X more profitable than Bitcoin, driven by LD3 machines and surging DOGE prices.

Craig Wright leaving a courtroom with documents in hand, symbolizing his failed appeal in the Bitcoin creator case.

UK Court Blocks Craig Wright’s Appeal in Bitcoin Creator Case

November 29, 2024 Dan K

UK Court denies Craig Wright’s appeal, rejecting his claim as Bitcoin creator Satoshi Nakamoto. Court cites falsehoods and “AI-generated hallucinations.”

Cardano (ADA) price chart indicating a rising wedge pattern signaling possible price decline

Cardano Price Risks Erasing 40% of ‘Trump Trade’ Gains by December

November 20, 2024 Dan K

Cardano’s price surge after Trump’s reelection may face a 40% correction by December, as technical patterns suggest a bearish reversal for ADA.