China’s evolving financial landscape is witnessing a significant shift as the demand for alternative investments surges. Despite regulatory hurdles, over-the-counter (OTC) cryptocurrency brokers in China are recording unprecedented inflows. With weak equity markets and an unstable property sector, investors are…
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Sui Bridge enables secure asset transfers between Sui and Ethereum
The Sui Bridge has made its debut on the Mainnet, marking a significant development in blockchain interoperability. Designed to seamlessly transfer assets between external ecosystems like Ethereum and Sui, this innovative solution eliminates barriers, allowing assets to move freely in…
Trump Crypto Venture Starts Accepting Investors With Few Details
Donald Trump has once again entered the realm of cryptocurrency with his latest venture, the World Liberty Financial decentralized finance (DeFi) platform. Announced in an online event, this platform aims to give users, especially accredited investors and non-US persons, the…
Japan Crypto Rules May Bring Tax Cuts and New ETF
Japan is taking significant steps toward the reassessment of its cryptocurrency regulations, a move that could lead to substantial changes in the country’s financial and digital asset landscape. With an evolving financial sector and a growing interest in digital tokens,…
Dogecoin Ahead of Cardano as 8% Growth Pushes a $17 Billion Valuation
Dogecoin (DOGE), the popular meme cryptocurrency, has made significant gains recently, surpassing the $15 billion valuation mark. This surge has pushed Dogecoin ahead of Cardano (ADA), another prominent altcoin in the market. Over the past week, Dogecoin’s price performance has…
BNY gains SEC support for digital asset custody beyond ETF
The Bank of New York Mellon Corp. (BNY), one of the largest custodian banks in the world, has entered the digital assets market, seeking to expand its offerings beyond traditional assets like stocks and bonds. With an established reputation in…
Investors in $1 Billion Skyscraper Crypto Scheme to Recover Funds
In recent years, investors have been drawn to opportunities within the rapidly growing cryptocurrency market. However, with this surge in interest, many have found themselves involved in dubious projects that failed to deliver on their promises. A prominent case that…
State Street and Galaxy debut crypto ETF amid rising outflows
State Street Global Advisors, in collaboration with Galaxy Asset Management, has embarked on a significant venture with the launch of three cryptocurrency-focused exchange-traded funds (ETFs). These funds aim to provide investors with innovative exposure to digital assets, moving beyond the…
Turkey Drops Plans to Tax Profits from Crypto
Turkey has been a focal point in recent economic discussions due to its evolving fiscal policies, fluctuating market conditions, and efforts to stabilize an inflation-hit economy. Vice President Cevdet Yilmaz’s recent statements shed light on the current economic strategy, particularly…
Riot and Bitfarms deal allows room for possible takeover
The ongoing developments between Bitcoin mining companies Riot and Bitfarms Ltd. have captured significant attention in the crypto industry. The rivalry that once revolved around an unsolicited takeover attempt by Riot has since morphed into a delicate truce, with Riot…