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  • Bitcoin News

    Bitcoin ETFs Drop $287M While Ether ETFs Shed $47M in Early September Trading

    by skolnes September 4, 2024
    September 4, 2024

    On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million …

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  • Bitcoin News

    Unified Global Framework Crucial for Multi-Trillion-Dollar RWA Market, Says Finance Veteran

    by skolnes September 4, 2024
    September 4, 2024

    The real-world assets (RWAs) tokenization sector is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder …

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  • Bitcoin News

    Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds

    by skolnes September 4, 2024
    September 4, 2024

    The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment …

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  • Bitcoin News

    Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting

    by skolnes September 4, 2024
    September 4, 2024

    Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the …

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  • Bitcoin News

    Japan’s Financial Services Agency Includes Crypto in 2025 Tax Proposal

    by skolnes September 4, 2024
    September 4, 2024

    The Financial Services Agency has released its tax reform requests for fiscal year 2025, highlighting the need to consider the tax treatment of virtual currency transactions as financial assets. This …

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  • Bitcoin News

    South Korea Investigates Telegram Over Deepfake Crime Allegations

    by skolnes September 4, 2024
    September 4, 2024

    South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for …

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  • Bitcoin News

    Scottish Court Sets Precedent With Crypto-to-Cash Confiscation

    by skolnes September 4, 2024
    September 4, 2024

    Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his …

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  • Bitcoin News

    Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’

    by skolnes September 4, 2024
    September 4, 2024

    Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced …

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  • Bitcoin News

    Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

    by skolnes September 4, 2024
    September 4, 2024

    Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% …

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  • Bitcoin News

    Turkey Seeks to Join BRICS to Strengthen Global Influence

    by skolnes September 3, 2024
    September 3, 2024

    Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s …

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