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Tether plans major expansion into BTC mining with 0M investment: Report

Tether plans major expansion into BTC mining with $500M investment: Report

[ad_1] Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.  The stablecoin firm may spend around $500 million in the next six months on the construction of mining facilities and investments in other miners, Ardoino told Bloomberg in an […]

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DFS Wants Crypto Firms to Submit Coin-Delisting Policy

DFS Wants Crypto Firms to Submit Coin-Delisting Policy

[ad_1] Superintendent Adrienne Harris of the New York State Department of Financial Services (NYDFS) has unveiled new guidance on coin listing and delisting policies. This latest development sets new industry standards and reflects the department’s stance on adopting crypto assets. According to the official statement by the NYDFS, the updated guidelines introduce risk assessment standards,

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Circle invests in Layer 1 blockchain Sei to unlock USDC use cases

Circle invests in Layer 1 blockchain Sei to unlock USDC use cases

[ad_1] Layer 1 blockchain Sei welcomes USDC as Circle makes strategic investment USDC will provide Sei developers and entrepreneurs access to fast and instantaneous transaction settlements Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has made a strategic investment in Layer 1 blockchain Sei, the firms announced on Wednesday. The strategic investment includes

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Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

[ad_1] The Australian Taxation Office (ATO) has provided pivotal guidance on the capital gains tax (CGT) treatment concerning decentralized finance (DeFi) and the process of wrapping crypto tokens. This move is part of the ATO’s ongoing efforts to clarify tax obligations in the evolving domain of digital assets and blockchain-based finance. DeFi, a form of

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OKX launches ZK-powered L2 network built with Polygon CDK

OKX launches ZK-powered L2 network built with Polygon CDK

[ad_1] OKX is collaborating with Polygon Labs to launch a new ZK-powered layer 2 network. X1 will become OKX’s native network and utilise OKB for gas fees. OKX also joins other platforms as a core contributor of the Polygon CDK. OKX and Polygon Labs are collaborating on a new zero knowledge-powered layer 2 network, whose

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Blockchain.com 0M funding round halves its 2022 valuation: Report

Blockchain.com $110M funding round halves its 2022 valuation: Report

[ad_1] Crypto exchange and wallet provider Blockchain.com closed a $110 million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion. In a Nov. 14 blog post, Blockchain.com said the closing of its Series E round was led by the United Kingdom-based venture capital firm Kingsway Capital. It

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The Market’s Compass Emerging Markets Country ETF Study

The Market’s Compass Emerging Markets Country ETF Study

[ad_1] Welcome to The Market’s Compass Emerging Market’s Country ETF Study, Week #465. As always it highlights the technical changes of the 21 EM Country ETFs that I track on a weekly basis and publish every third week. Paid subscribers will receive this week’s unabridged Emerging Market’s Country ETF Study sent to their registered e-mail.

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Crypto.com Secures VASP Licence in Dubai

Crypto.com Secures VASP Licence in Dubai

[ad_1] Crypto.com’s Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) Licence for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA). The VASP Licence, subject to the fulfillment of select conditions and localisation requirements defined by VARA, will enable Crypto.com to offer regulated virtual

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Analyst Predicts 8800% Ascent to  Cardano (ADA), Here’s When

Analyst Predicts 8800% Ascent to $35 Cardano (ADA), Here’s When

[ad_1] Crypto analyst Fiery Trading has revealed a very bullish outlook for the Cardano (ADA) price. The digital asset which has been having a reasonably good run over the last few weeks is expected to shatter expectations as the analyst puts the price at $35. Crypto Analyst Predicts 8800% Climb To $35 For ADA Fiery

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Inflows into crypto products surpass B year-to-date

Inflows into crypto products surpass $1B year-to-date

[ad_1] Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have surpassed $1 billion. Inflows into digital asset investment products hit $293 million last week, the seventh consecutive week of positive flows.  According to data

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