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The Justin Sun Group, including TRON, HTX, Poloniex and TUSD, reported a 14% increase in revenue from the previous quarter. Sun suggests that the ability to sustain revenue growth in these adverse conditions presents a more promising fourth quarter as the market displays signs of recovery. Better conditions to come In a post
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The lawmakers explained that companies that fail to comply with the Online Safety Bill could face penalties of up to £18 million ($22.3 million) or 10% of their annual global turnover, providing a strong incentive for adherence to these safety standards. The UK’s Parliament has approved the long-awaited Online Safety Bill,
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As the events in the banking ecosystem riled the market, tech stocks that are generally known to power growth underperformed for the month. The United States (US) stock market is on a bullish run today as marked by the second consecutive day of gain by top indices as investors fear the
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Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies. The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the U.S., and has since recovered strongly to surpass its previous peak
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“This is of course an important milestone and will enable us to make substantial progress on the provisions within the Bill, including repealing and replacing burdensome pages of retained EU (European Union) law governing the sector, measures to embrace crypto asset technology, and measures to protect the consumer," the Treasury
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A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in a Spanish prison after Spain’s high court approved McAfee’s extradition to the United States. Today, McAfee’s body is still in a Spanish morgue as a legal case involving an independent autopsy is yet unresolved. John
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Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will have
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A bill that had been introduced a week ago to the State Duma, the lower chamber of Russian Parliament, made a swift passing through first reading. Should it become a law, it would prohibit using “digital financial actives” (DFA) to pay for goods or services. As reported by local media on
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Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s debut:“No, we did not [invest]. We’re looking at this very carefully […] there are some tax ramifications we’d like
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