Senator Cynthia Lummis Criticizes Biden Administration’s Proposed 30% Tax on Bitcoin Miners
On July 23, Cynthia Lummis released a report arguing against the Biden administration’s proposed 30% excise tax on…
India Maintains High Crypto Tax Rate Despite Industry Pressure
India has decided to uphold its existing crypto tax regulations for the 2024/25 fiscal year despite ongoing appeals…
WazirX Increases White Hat Recovery Reward to $23 Million After $230M Hack
WazirX has increased its White Hat recovery reward by 10%, which is now worth $23 million. This move…
State Street Is Exploring a Stablecoin and Tokenized Deposits Launch: Report
State Street Corp., a Boston-based major player in traditional finance, is exploring the launch of its own stablecoin…
Crypto Trading Volume Declined for Third Consecutive Month in June: CCData
Trading volume on centralized exchanges declined 21.8% in June, marking the third consecutive month of diminishing activity since…
Vitalik Buterin Urges Crypto Community to Look Beyond Pro-Crypto Stance in Political Support
Ethereum co-founder Vitalik Buterin has advised against basing political support solely on a candidate’s pro-crypto views. He emphasized…
Trump Set to Launch Fourth NFT Collection, Citing Public Interest
Former U.S. President Donald Trump plans to release a fourth NFT collection after the success of his previous…
LI.FI DeFi Platform Exploited, Over $8 Million Lost to Attack
The decentralized finance (DeFi) platform LI.FI protocol has suffered an exploit amounting to over $8 million. Cyvers Alerts…
Metaplanet Expands Bitcoin Holdings with $2.4 Million Purchase
Metaplanet, an investment firm based in Japan, has made a Bitcoin purchase worth 42.4 Bitcoin for ¥400 million…
Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler
In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair…