Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges
The proposed bill has gained approval from the Chamber of Deputies and is on its way to being approved by President Luiz Inácio Lula da Silva. The Brazil Senate has…
Whale Sells $6.3M in Ethereum Prompting Questions on Taking Profits.
An anon Ethereum wallet holder sold 3,150 ETH worth over $6.37 million. The sale occurred on Sunday at an average price of $2,023, representing a significant return in just two…
Cathie Wood’s ARK Invest Dumps Coinbase Shares Again
ARK Invest sold another $5 million worth of Coinbase (COIN) shares. ARK bought $2 million worth of shares in Robinhood and $1.5 million in SoFi Technologies. On Wednesday, Cathie Wood’s…
Canadians Are “Largely Opposed” To A CBDC – Bank Of Canada.
A Bankw of Canada survey found that a whopping 86% of respondents expressed “strong criticisms” against CBDCs. Canadians are overwhelmingly opposed to their central bank researching and issuing a digital…
Paxos Secures Preliminary Approval from ADGM to Offer Services in UAE
Two new Paxos companies under the ADGM have received preliminary clearances. In August, PayPal introduced its PYUSD stablecoin, which was issued by Paxos. As part of its ongoing global expansion,…
Bitcoin Price Eyes $40k Level as Bulls Continue Strong Domination.
At the time of writing, Bitcoin is trading at $38,238, up 4.37% in the last 24 hours.If the price manages to clearly break above $38,320 level, then it will likely…
KyberSwap’s Hacker Threatens to Postpone Talks Over Hostility in Encoded Message.
KyberSwap’s negotiations with the hacker are on the brink of collapse due to escalating hostility and threats from both sides.A week after $47 million was drained from KyberSwap’s Elastic Pools…
Dogecoin Rallies on DOGE-1 Mission’s US Approval Speculation.
Dogecoin (DOGE) maintains positive momentum, rising above the $0.080 resistance.Speculation surrounds Dogecoin’s Moon Mission as DOGE-1 receives NTIA approval.In a resurgence of interest, Dogecoin (DOGE) has once again taken the…
Former Binance CEO CZ Steps Down as Chair from Binance U.S Board.
Having transferred his voting rights via a proxy, Zhao consented to resign as chair.The U.S. DOJ has attempted to prevent CZ’s return to the UAE until his sentencing.Along with his…
Vitalik Buterin Sheds Light on Risks of Advanced AI Over Humans.
Buterin said that super intelligent AI would wipe out the human race.Integrating brain-computer interfaces (BCI) was Buterin’s proposed solution.According to Vitalik Buterin, co-founder of Ethereum, highly sophisticated AI might potentially…