Japanese Crypto Exchange DMM Bitcoin to Close Down Operations.
After failing to recover from a $305 million hack, the exchange will shut down and all its assets will move to SBI VC Trade. Japanese cryptocurrency exchange DMM Bitcoin will…
How US Political Dynamics Led to the Downfall of Facebook’s Crypto Project.
U.S. political pressure, not regulations, ended Facebook’s Libra project, says David Marcus, citing indirect Fed warnings to banks involved.David Marcus, the former head of Facebook’s blockchain project Libra, recently shared…
Dogecoin surpassed Porsche market cap as DOGE ETP, Musk drive rally.
Dogecoin has surpassed the market capitalization of luxury automaker Porsche, driven by endorsements from Elon Musk and the potential launch of an exchange-traded product for the memecoin. Dogecoin has risen…
Saylor pitches Bitcoin to Microsoft, Asks to Invest $100B And Rise Their Market Cap To $1 Trillion When Bitcoin Price Per BTC Reach $1.7 Million By Year 2034.
According to Saylor, this strategy could generate trillions in enterprise value while mitigating risks for shareholders. Michael Saylor, the Bitcoin enthusiast chair of MicroStrategy, recently made a bold pitch to…
How Crypto is Changing the Mortgage Game for Low-Income Households?
Crypto exposure correlates with greater auto loan and mortgage debt increases in low-income households. Economists at the United States Treasury analyzed IRS data from households reporting cryptocurrency holdings on their…
Altcoins Drive Crypto Market Cap to All-Time High Above $3.6 Trillion.
Total market capitalization is at record highs following big gains for altcoins over the weekend. Total crypto market capitalization hit an all-time high of $3.65 trillion during early trading in…
Bitcoin to crash? Robert Kiyosaki predicts BTC crash to $60,000.
Financial author Robert Kiyosaki has suggested that the BTC price could crash to $60,000 as it struggles to breach the $100,000 milestone. The “Rich Dad Poor Dad” author’s analysis comes…
Taiwan to Implement Strict Crypto Anti Money Laundry Rules on November 30.
The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to expedite its implementation. Taiwan’s Financial Supervisory Commission (FSC) will enforce…
US SEC Charges Touzi Capital with $100M Fraud and Violations.
Touzi Capital allegedly used deceptive practices to raise capital, including misleading assurances about investment stability. The U.S. Securities and Exchange Commission (SEC) has filed a civil complaint against Touzi Capital…
Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature.
Russia’s crypto tax framework introduces a 13%-15% sales tax and exempts mining services from VAT under strict reporting rules.Russia is one step closer to implementing a comprehensive framework for taxing…