Italy will drop plans to increase tax on crypto capital gains
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and exemptions aim to protect small investors and boost crypto. Italy has decided to...
Roger Stone’s Website Spotlights Prosecution Story of Crypto Pioneer Roger Ver
Roger Stone, the veteran political strategist and vocal supporter of libertarian ideals, has voiced his strong backing for cryptocurrency pioneer Roger Ver on his website, Stonezone.com, spotlighting an editorial advocating Ver’s presidential pardon. Roger...
Haven Protocol Token (XHV) crashes after mint exploit
Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the Haven 3.2 rebase to...
Microsoft Votes No on Bitcoin Reserves: Michael Saylor’s Pitch Fails to Convince
Microsoft shareholders rejected a push to adopt bitcoin as a strategic reserve, dismissing claims it could add trillions in market value and mitigate shareholder risks. Microsoft Rejects Bitcoin Investment: What It Means for Shareholders Microsoft’s...
Ripple secures final NYDFS approval for RLUSD
Ripple has secured approval to launch its stablecoin Ripple USD (RLUSD). CEO Brad Garlinghouse pointed this out via a post on X. Ripple will soon launch its stablecoin RLUSD after it received the final approval from the New York Department of Financial Services. Brad...
Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI
A recent KPMG report shows a 14% decline in the number of active firms in Australia’s blockchain and cryptocurrency sector in 2024. M&A and Investment Activity Subdued in 2024 According to a recently released KPMG report, the number of active firms in...
BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
UFC Welterweight Champion Colby Covington officially joins BC.GAME as a brand ambassador. Covington’s first collaborative event, the BC.GAME Wager Race was launched in December 2024, showcasing BC.GAME’s innovative blockchain gaming platform. Colby Covington will...
Binance Ranks as the Most Visited Crypto Site and 6th in Financial Services: Cloudflare Report
According to Cloudflare’s 2024 web traffic report, Binance is the most visited cryptocurrency platform. Binance Attracted the Most Web Visits in Crypto for 2024 Binance solidified its position as a dominant force in the digital assets ecosystem in 2024....
Microsoft shareholders reject Bitcoin treasury proposal
Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came after MicroStrategy...
Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer...