Author: Bitcoin.com
On Thursday, both the spot bitcoin and ethereum ETFs made headway, with the bitcoin funds pulling in the largest inflows. The 12 bitcoin funds collectively received $470.48 million, while the ether funds scooped up $48.41 million. Bitcoin and Ethereum ETFs See Significant Gains on Thursday Leading the charge, Blackrock, the world’s largest asset manager, snagged […] Read the full article here
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below […] Read the full article here
Hamster Kombat is preparing to launch its second season, during which the platform aims to achieve integration with third-party gaming proposals. The team behind the game expects to expand beyond Telegram and allow for the sharing of items across games, thereby broadening the scope of their integration, as described in their updated roadmap. Hamster Kombat […] Read the full article here
Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for miners. Enhanced Liquidity for Miners Falconx, the digital assets prime brokerage firm, announced on Oct. 15 the launch of a […] Read the full article here
Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay’s on-ramp product will utilize Yellow Card’s payment infrastructure in 20 African countries, allowing users to purchase crypto with their local fiat currencies. This partnership aims to simplify the process of acquiring crypto by prospective users in several African […] Read the full article here
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026 or until their authorization status is determined, marking a major shift in crypto compliance across […] Read the full article here
Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s devaluation has exacerbated poverty and raised concerns about civil unrest but […] Read the full article here
A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department of Justice. The suspect is accused of moving illicit funds through payment platforms and cryptocurrency exchanges, transferring over $240,000 to crypto addresses. The money laundering conspiracy charge could result in a 20-year prison […] Read the full article here
The Kenyan Revenue Authority (KRA) is tightening its grip on cryptocurrency by proposing a real-time tax system integrated with exchanges. This system would track all crypto transactions, capturing details like time and value for tax collection purposes. Beyond real-time taxation, Kenya is considering AI and machine learning to combat tax evasion. These technologies would improve […] Read the full article here
Praxis, an organization devoted to developing the first network state, has raised $525 million to finance the construction of its first city. The funding will streamline the construction of Praxis’ vision of a network state, a group of individuals with coordinated values settled in a metropolis. Praxis Announces $525 Million Financing to Build a Network […] Read the full article here