Cryptocurrency
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC reserved the right to challenge creditor repayments made using U.S. dollar-pegged crypto assets. FTX's current liquidation plan proposes creditor claims based on asset…
Bitcoin as Corporate Treasury Asset: A Growing Trend in 2024
MicroStrategy leads the way with over 150,000 Bitcoins, setting the trend for corporate Bitcoin treasuries. Tesla, Block, Inc., and other giants have diversified their treasuries…
Interest Rate Cut vs. Inflation: The Fed’s Dilemma and Crypto’s Future
The FOMC will meet between September 17 and 18. The Fed will probably cut interest rates during September’s FOMC meeting. CME FedWatch projects a 69%…
SunPump Meme Implements 100% On-Chain Buyback and Burn Process
SunPumpMeme introduces a 100% on-chain buyback and burn process for transparency. Community debates liquidity vs. buyback strategies for token stability and growth. Experts suggest enhancing…
Animoca Brands Backs UXLINK, Fueling Web3 Social Growth
UXLINK’s key investment from Animoca Brands' strategic investment, sent the price soaring to 104.69% overnight. The platform boasts 5 million users and 90,000 Web3-powered groups,…
Outrage as Ailing Binance Exec Denied Wheelchair, Forced to Limp in Court
Binance executive Gambaryan was denied a wheelchair and limped into the court for trial on Monday. Though he clutched the prison guard’s wrist, he was…
Bitcoin Mining Power Soars, Network Security Strengthened
Bitcoin's hash rate hits an all-time high, signaling increased network security and activity. Despite the rising hash rate, Bitcoin's price faces fluctuations, with resistance near…
WazirX Hacker Cashes Out: $6.5M ETH Moved to Tornado Cash
WazirX Exploiter moves 2,600 ETH to Tornado Cash, fueling fears of an Ethereum sell-off. Despite recent transfers, WazirX Exploiter still controls 59,156 ETH, worth $148.8…
Japan’s Crypto Tax Shakeup: Flat 20% Rate Could Be Coming
Japan may reduce cryptocurrency tax from 55% to a unified 20%, addressing investor concerns. FSA proposes treating cryptocurrencies as financial assets, pushing for tax reform…
Key Economic Events in September to Shape Crypto Markets
Fed's September rate decision could influence Bitcoin and the broader crypto market. August CPI data may signal easing inflation, impacting Fed policies and crypto. Political…
