Corporate Tax Overhaul Turkish lawmakers are poised to introduce a sweeping tax overhaul, primarily targeting corporations, to shore up the national budget following last year’s devastating earthquakes. This move represents the most significant change to Turkey’s fiscal policies in decades. Key aspects include: Cryptocurrency Regulations In addition to the corporate tax overhaul, Turkish lawmakers are …
During a Thursday hearing by the Senate Appropriations Subcommittee on Financial Services, US Securities and Exchange Commission Chair Gary Gensler informed Senator Bill Hagerty (R-TN) that he anticipates the agency will approve S-1 forms for spot Ethereum exchange-traded funds (ETFs) “sometime over the course of this summer.” The SEC approved issuers’ 19b-4 filings on May …
Ethereum ETFs to launch this summer: Gary Gensler Read More »
Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs has announced it is ceasing operations following a settlement with the SEC. CEO Chris Amani released the statement on the social media platform X. With the settlement complete, Amani noted he could now discuss the future of Terraform Labs (TFL). “TFL always intended …
Taiwan has formally launched a crypto industry association under government oversight. This initiative represents a proactive effort to regulate the crypto sector, creating a structured framework that encourages innovation while ensuring security. The creation of the association demonstrates the government’s dedication to developing robust regulations that tackle the unique challenges and opportunities posed by cryptocurrencies. …
Shiba Inu, the prominent meme coin, has been trading sideways over the past month, with a significant dip in the past week. On-chain data points to a continuation of this decline as selling pressure mounts. Notably, substantial movements by Shiba Inu Whales indicate a looming selloff, with a staggering 4.92 trillion SHIB moved to Coinbase. …
Coinbase Commerce, the payment service which allows merchants to accept cryptocurrencies is already being used by Donald Trump’s team to accept donations for his election campaign. Considering Biden has always been resistant towards crypto, this move comes as a bit of a surprise Pro-crypto donors are increasingly mobilizing, drawing the interest of political candidates from …
Controversial social media influencer Andrew Tate has announced his support for the DADDY meme coin. He vowed to burn $100 million worth of cryptocurrency during a live stream. However, blockchain data suggests insider trading activities, raising ethical questions. Tate’s Involvement with DADDY Coin Andrew Tate’s involvement with the DADDY meme coin sharply contrasts musician Iggy …
Andrew Tate Shills Meme Coin Amid Insider Trading Concerns Read More »
MetaMask announced today its Pooled Staking function, allowing users to stake any amount of Ether (ETH) and earn rewards directly within the wallet. This new feature from Consensys enables participation in Ethereum’s security, which was previously restricted to those with 32 ETH or more. “With Pooled Staking, MetaMask users now have an easy way to …
In a huge turn of events and contrary to the past, presidential candidate Donald Trump has been very vocal about his support of Bitcoin and crypto in this year’s election campaign. After a meeting with Bitcoin Magazine’s CEO as well as heads of many Bitcoin mining companies, Trump took to social media to post this …
Trump wants the remaining Bitcoin to be mined in the US Read More »
Introduction Polygon announced an initiative to bolster its ecosystem. For the inaugural season of its Community Grants Program (CGP), it will allocate 35 million MATIC tokens. This initiative aims to support new projects built on the Polygon and Ethereum networks. Polygon to Fund New Crypto Projects Polygon 2.0 represents the next evolution of the Polygon …
Polygon Commits 35 Million MATIC to Fuel New Crypto Projects Read More »
