The Value of Crypto-fund Assets Rises: Bloomberg Report
According to a recent report by Bloomberg, cryptocurrency hedge funds have seen an average increase in asset value of 44% in the past 12 months.
Telcoin Suffers Exploit and Loses $1.2M
The Telcoin (TEL) token witnessed a 40% price decline within the last 24 hours due to an apparent wallet implementation error on Polygon.
Mt. Gox Could Have Paid Some Creditors Twice
Multiple reports on Reddit indicate that some creditors of the defunct crypto exchange Mt. Gox have received settlement funds twice.
Coinbase CEO Says Cryptos Give People Economic Freedom
Brian Armstrong, the head of Coinbase, recently highlighted that approximately 52 million individuals in the United States now hold digital currencies.
Bulgaria Suspends its Investigation into Nexo
The Bulgarian Prosecutor’s Office has concluded its criminal investigation into the crypto lender Nexo.
Japan to Remove Tax on Unrealized Crypto Gains
The Japanese cabinet has given its approval to a proposal from the ruling Liberal Democratic Party that aims to eliminate taxation on unrealized gains from cryptocurrencies. This move is expected to foster growth in the country’s Web3 industry. The proposal, pending discussion in Japan’s parliament (Diet), seeks to abolish corporate taxation on the difference between market and book values of […]
Goldman Sachs: Asset Trading on Blockchain Will Soar in Next 2 Years
According to Goldman Sachs, there will be a rise in trading of tokenized assets in the next two years.
