The Senate Banking Committee is gearing up to announce its first subcommittee dedicated to digital assets, Punchbowl News reported on Thursday. This development follows the Republican takeover of the US Senate last week, after the Nov. 2024 elections. With the…
The top Brazilian financial regulator has announced a plan to reform the nation’s crypto tax laws. In an official release from the Receita Federal (RF), the regulator said it would change the way it taxes crypto trading profits in “the…
Russia has “started” selling the Bitcoin it seized during a 2023 probe into the Infraud hacker group. The move suggests Moscow hopes to trade over BTC 1,000 for fiat. Per the Russian state-run news agency TASS, the Russian Treasury has…
Sonic Labs announced on Thursday that its Ethereum Virtual Machine (EVM) layer-1 chain now supports Circle’s bridged USDC stablecoin through the Sonic Gateway. Sonic Partners with Circle to Integrate Bridged USDC The bridged USDC stablecoin, sourced from Ethereum via the…
CleanSpark, a U.S.-listed Bitcoin mining company, announced on Thursday that it surpassed 10,000 BTC in its treasury. The milestone reflects the company’s recent mining efforts and operational expansion. CleanSpark Surpassed 10,000 BTC In Treasury: Is This A Bullish Indicator? CleanSpark…
Grayscale Investments announced adjustments to its Digital Large Cap Fund (GDLC) allocation on Wednesday, with Bitcoin (BTC) and Ethereum (ETH) now comprising nearly 90% of the portfolio. As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets…
Layer-1 blockchain MANTRA announced on Thursday a $1 billion partnership with the UAE-based DAMAC Group to tokenize real-world assets (RWA) in the Middle East. DAMAC Group plans to tokenize assets worth $1 billion using the MANTRA blockchain. “This partnership with…
China’s massive and tech-savvy population still drives global demand for blockchain applications, in spite of strict regulatory restrictions, found the ‘GTM in Asia’ report by Foresight Ventures and Primitive Ventures. “Western discourse often assumes that “China has completely banned crypto,”…
UK-based Standard Chartered revealed plans on Thursday to establish a Luxembourg-based entity as its regulatory hub for crypto and digital asset custody services across the European Union (EU). 🚨 BREAKING 🚨 🇪🇺 $1 trillion Standard Chartered will now start offering…
Thailand’s Provincial Electricity Authority (PEA) has dismantled a Bitcoin mining farm in Chonburi on Thursday for tampering with power meters to steal electricity. The farm’s operators caused losses amounting to hundreds of millions of baht, further straining the country’s power…