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Canton of Bern Passes Motion to Explore Bitcoin Mining for Grid Stability

The motion demands a report on using Bern's unused energy for Bitcoin mining, partnering with Swiss firms, and stabilizing electricity grids.

Decrypt favicon Decrypt 11 months ago 1 min read

Hong Kong proposes crypto tax exemptions to rival Singapore as financial hub

Hong Kong is moving to solidify its status as a financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth family offices, the Financial Times reported on Nov. 28. The proposal, outlined in a 20-page government document, aims to bolster the city’s appeal to global asset managers and high-net-worth […] The post Hong Kong proposes crypto tax exemptions to rival...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

Hong Kong to Waive Tax on Crypto Gains for Sophisticated Investors

Hong Kong's proposal also includes tax exemptions to pension and endowment funds, expanding the range of assets covered under existing law.

Decrypt favicon Decrypt 11 months ago 1 min read

Dragon Ball, One Piece studio’s Web3 game, Sun is top Trump crypto holder: Asia Express

Dragon Ball and One Piece producer’s new blockchain game, Justin Sun is the largest investor in Donald Trump’s WLFI: Asia Express

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Coinbase to halt USDC earn program on MiCA compliant regions

Coinbase will halt rewards for USD Coin (USDC) holders located in the European Economic Area (EEA) on Dec. 1 due to the upcoming Markets in Crypto-Assets (MiCA) regulation, according to an email sent to customers on Nov. 28. The exchange said the move is a result of the new requirements for e-money tokens, which is […] The post Coinbase to halt USDC earn program on MiCA compliant regions appeared first on CryptoSlate.

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

SecondLane shops Pump.fun equity stake at $1.5B FDV

The private market platform says $15 million in Pump.fun equity is for sale.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Swiss canton of Bern votes to study Bitcoin mining feasibility

Bern’s Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

North Korean hackers expand social engineering operation to IT firms: Report

The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Swiss canton passes legislation to explore Bitcoin mining with surplus energy

Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region. Lawmakers have tasked the Executive Council with preparing a comprehensive report on how Bitcoin mining could utilize unused energy and contribute to stabilizing the electricity […] The post Swiss canton passes legislation...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

Microsoft breakthrough signals quantum-exclusive future for blockchain mining

The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

CFTC to potentially lead digital asset regulation under Trump administration

The Trump administration is planning to expand the Commodity Futures Trading Commission’s (CFTC) authority to oversee significant portions of the $3 trillion digital asset market, Fox Business reported on Nov. 28. The move would mark a pivotal shift in US crypto regulation, aiming to replace the current enforcement-heavy approach with a more innovation-friendly framework. CFTC […] The post CFTC to potentially lead...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

ETH hits 5-month High, Hong Kong set to Cut Crypto Taxes, XT Hacked!

ETH hits 5-month high, leads majors higher. ETH beta-coins lead altcoins, led by DeFi & memes. Hong Kong set to announce zero taxes on crypto. Hyperliquid to launch HYPE with $310mn drop. XT hacked, all funds withdrawn for ETH. Stablecoins hit record $190bn market cap. Base breaks 10m transactions in one day. Metaplanet set to raise $62m to buy BTC. Vancouver mayor has “BTC friendly city” plans. SOS plans $50mn BTC...

Decrypt favicon Decrypt 11 months ago 1 min read

Ethereum co-founder moves $72 million in ETH to Kraken

Ethereum (ETH) co-founder Jeffrey Wilcke transferred 20,000 ETH, equivalent to over $72 million, to Kraken on Nov. 28. His wallet still holds 106,006 ETH. CryptoQuant’s community analyst Maartunn highlighted that this is the fourth time Wilcke has transferred ETH to Kraken this year, surpassing $147 million. He first moved 4,300 ETH to the exchange on […] The post Ethereum co-founder moves $72 million in ETH to Kraken...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

Crypto Holiday Gift Guide 2024

With the holiday season on the horizon, we present our annual festive round-up of the best crypto gifts for the Bitcoin fan in your life.

Decrypt favicon Decrypt 11 months ago 1 min read

Tokenization can transform US markets if Trump clears the way

Trump’s presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Russia formalizes taxation framework for crypto, mining

Russia’s Federation Council has approved sweeping amendments to the nation’s Tax Code, formalizing the taxation framework for digital currencies like Bitcoin (BTC). The legislation, adopted on Nov. 27, represents a critical step toward regulating the rapidly growing crypto sector while ensuring compliance with tax laws. Comprehensive tax laws The new law, titled “On Amendments to […] The post Russia formalizes taxation...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

4 reasons why $100K is the next logical step for Bitcoin

Bitcoin’s path to $100,000 is supported by strong ETF inflows, MicroStrategy’s continued accumulation, macroeconomic trends and miner confidence.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Publicly traded mining companies spend $3.6B on PP&E so far in 2024

Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Crypto.com sponsors golf tournament with prize of $10M in CRO token

Crypto.com is sponsoring the first golf tournament with a crypto purse on Dec.14 in Las Vegas.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Partior Series B funding reaches $80M on Deutsche Bank investment

Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Ethereum DeFi TVL hits 2-year high as activity on platforms like Uniswap, Aave soars

Ethereum’s DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump’s election victory. The total value locked (TVL) in Ethereum’s DeFi ecosystem has surged past $80 billion, marking its highest level in over two years. These numbers come as key players like Aave and Uniswap have also achieved significant milestones during […] The post Ethereum DeFi TVL hits 2-year high as...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

Ex-Binance employee sues UK exchange, alleging bribery: Report

Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Scroll refutes allegations of ‘predatory’ airdrop

Scroll’s native SCR token dropped roughly 32% on day one of trading after a controversial airdrop.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Need Gift-Buying Advice for That Special Someone? Our AI SantaBot is Here to Help

Looking to outsource your creative gift-giving this holiday season? Look no further than our custom-built AI SantaBot.

Decrypt favicon Decrypt 11 months ago 1 min read

Celo’s token drops as Coinbase skips Layer-2 migration support

Celo, a prominent Layer-1 blockchain, has seen its native token dump 5% after its upcoming transition to an Ethereum Layer-2 network within Optimism’s Superchain ecosystem turned “contentious.” On Nov. 27, Coinbase, the largest US-based crypto exchange, announced that it would not support Celo’s migration into a Layer 2 network. In contrast, Tether’s CEO Paolo Ardoino […] The post Celo’s token drops as Coinbase skips...

CryptoSlate favicon CryptoSlate 11 months ago 1 min read

5 incredible use cases for Based Agents and Near’s AI Assistant

An investment advisor trained on Warren Buffett? An auto portfolio rebalancing tool? Based Agents and NEAR’s AI assistant can make it happen.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Ex-Binance Exec Brings Whistleblower Claim Alleging Bribery

A former exec at the world’s leading cryptocurrency exchange sued the company, claiming that she was fired after raising bribery concerns.

Decrypt favicon Decrypt 11 months ago 1 min read

Make-A-Wish International Is Asking for Crypto Donations

Children’s charity Make-A-Wish International is shaking the donation tin for Bitcoin, Ethereum and USDC this holiday season.

Decrypt favicon Decrypt 11 months ago 1 min read

How U2U is redefining enterprise blockchain with DePIN: Report

Cointelegraph Research examines how the U2U Network leverages DePIN to solve enterprise challenges in scalability, security and compliance.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Telegram Game W-Coin Airdrop Gets a Brutal Inactivity Rule

W-Coin will start a daily burn of your tokens if you don’t log in for three days.

Decrypt favicon Decrypt 11 months ago 1 min read

Telegram Game 'W-Coin' Will Start Burning Players' Airdrop Allotments—Here's Why

W-Coin will start a daily burn of your tokens if you don’t log in for three days.

Decrypt favicon Decrypt 11 months ago 1 min read

MetaMask co-founder: Memecoins reveal Web3 and AI consent flaws

MetaMask co-founder Dan Finlay’s memecoin experiment highlights Web3’s struggles with consent, trust and investor expectations.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Crypto hackers steal $71M in November, bringing yearly total to $1.48B

Cryptocurrency hackers continue damaging the industry’s reputation as the yearly value stolen through cyberattacks nears $1.5 billion.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Bitcoin halving birthday: 12 years of limited supply and milestones

Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

Cointelegraph favicon Cointelegraph 11 months ago 1 min read

Bitwise Files To Turn $1.4 Billion Crypto Index Fund Into an ETF

One of crypto's oldest index funds aims for the big leagues as NYSE Arca files to list shares under new digital asset rules.

Decrypt favicon Decrypt 11 months ago 1 min read