Profits from Cryptocurrency and Other Virtual Asset Transactions Now Taxable Under Nigeria’s New NRS Guidelines.
Profits from cryptocurrency and other virtual asset transactions are now taxable under Nigeria’s new NRS guidelines. The policy formalizes taxation of digital asset gains as part of broader efforts to…
Mastercard Completes BVNK Acquisition in Stablecoin Push.
Mastercard has completed its acquisition of BVNK as part of an expanded stablecoin strategy. The deal strengthens the payments giant’s capabilities in digital asset infrastructure and on-chain settlements. This move…
Trump Slams Exxon, Chevron Over $26.5B Oil Profits.
Donald Trump has publicly criticized Exxon and Chevron for reporting combined oil profits of $26.5 billion. The remarks target the energy giants amid ongoing debates over industry earnings and consumer…
FBI Agent Allegedly Stole Crypto, Asked ChatGPT About Escape.
An FBI agent has been accused of stealing cryptocurrency and later seeking advice from ChatGPT on how to escape the consequences. The case highlights unusual intersections between law enforcement misconduct…
HashKey Wins JPMorgan Approval for Client Funds Account.
HashKey has secured approval from JPMorgan for a dedicated client funds account. The milestone strengthens the Hong Kong crypto platform’s banking infrastructure and operational capabilities. This development represents a notable…
Binance to Delist 6 Tokens on Aug. 17
Binance has announced plans to delist six tokens on August 17. The decision is part of the exchange’s regular review of listed assets to maintain market quality and user protection.…
Bitcoin Cold Storage Plan Revealed by David Schwartz
David Schwartz, Ripple’s chief technology officer, has revealed a comprehensive Bitcoin cold storage plan. The disclosure outlines secure, long-term strategies for protecting Bitcoin holdings from digital threats. This plan emphasizes…
Prediction Markets Hit Record $50.6B July Volume
Prediction markets reached a record $50.6 billion in trading volume during July. The surge reflects surging interest in event-based trading and information aggregation platforms. This milestone marks a significant acceleration…
PayPal Stablecoin Strategy Expands After $486.4B Quarter.
PayPal is expanding its stablecoin strategy following a robust $486.4 billion quarter. The payments company is ramping up efforts around its PYUSD stablecoin and related digital asset services. This development…
Bitcoin (BTC) Faces $67K Resistance in August Setup.
Bitcoin is facing notable resistance around the $67,000 level as August trading gets underway. The cryptocurrency is encountering selling pressure at this key technical barrier amid mixed market sentiment. This…