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Spain Tightens Crypto Tax Regulations, Mandates Foreign-Held Asset Declaration
November 28, 2023
Starting January 2024, Spanish citizens possessing crypto holdings exceeding 50,000 euros (about $55,000) on foreign platforms will be required to disclose them for tax purposes, according to updates from Spain's …
Read moreAnimoca Brands: New Top Validator for Telegram's TON Blockchain
November 28, 2023
Renowned Web3 investment firm, Animoca Brands, is set to become the largest validator for Telegram's TON (The Open Network) blockchain. In a bid to boost GameFi development, Animoca has made …
Read moreBinance's USD 4.3 Billion Fine: A Challenge to Financial Status Quo?
November 28, 2023
Global cryptocurrency exchange Binance was recently fined one of the largest corporate penalties in history, according to former BitMEX CEO Arthur Hayes. Binance and its founder, Changpeng 'CZ' Zhao admitted …
Read moreCoinbase Subpoenaed by CFTC as ARK Invest Cashes in on Risen Stock
November 28, 2023
The U.S. Commodity Futures Trading Commission (CFTC) has subpoenaed popular cryptocurrency exchange Coinbase for user and transaction data. This news reached Coinbase users through an official email. Despite scanty details, …
Read moreTaipei Emerges as Preferred Destination for Crypto Ventures; Crypto Firm Kronos Reportedly Offers Bounty
November 28, 2023
In a significant shift, Taipei is nigh to overtake Hong Kong and Singapore as the hub for crypto ventures. The venture capital firm Sora Ventures is leading this transition, choosing …
Read moreBitcoin Sees Rise in Long-Term Holders and Influx In Investments Amid Price Slump
November 28, 2023
Bitcoin is making waves in the crypto-market as the divergence between long-term holders (LTHs) and short-term holders (STHs) becomes the largest ever. Data from Glassnode indicates that coins held by …
Read moreLearn Concept: Succession and Strategy Planning in Cryptocurrency Exchanges
November 28, 2023
In the world of cryptocurrencies, changes in leadership often cause uncertainties among the users of the platform. Taking Binance as a case study, when CEO Richard Teng took over from …
Read moreBinance Set to Delist Tornado Cash (TORN) As Value Drops Over 50%
November 28, 2023
Major cryptocurrency exchange, Binance, recently announced it plans to remove Tornado cash’s native token, TORN, from its listing as of November 27, prompting a rapid decrease in the token’s value. …
Read moreBitcoin ETPs Draw Record $1.5 Billion in Investments Amid ETF Anticipation
November 27, 2023
The prospect of regulator-approved Bitcoin Exchange-Traded Funds (ETFs) pushes crypto fund investments to an all-time high as inflows into digital asset products show a consistent upwards trend. Bitcoin ETFs recorded …
Read moreSurge in Terra's USTC Coin Value Sparks Revival Hopes for Terra Ecosystem
November 27, 2023
Terra's algorithmic stablecoin, USTC, experienced a massive uptick of over 150% in its value within 24 hours, peaking at $0.07581. This was the highest level seen by USTC since its …
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