Cryptocurrency Analysis and News Portal
Turkey sets its sights on implementing cryptocurrency taxation and other regulatory measures as part of its 2024 Presidential Annual Program. Turkey has reignited its focus on cryptocurrencies and exchanges as part of its 2024 Presidential Annual Program, signaling the possible implementation of taxation and other regulatory measures. Although there were several
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Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. In an announcement on Wednesday, October 25, Polygon Labs announced the launch of its new Polygon Token, POL, on the Ethereum blockchain network. The POL
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"While this new program is well-intentioned, it may be more effective to enhance reporting measures to resolve existing issues,” explained Veronica Wong, CEO of crypto wallet SafePal. “Despite having dedicated team members reporting bot and scam accounts to safeguard our users, it is a never-ending battle as the process takes
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At the event, the Managing Director of Bitget Gracy Chen delivered a speech titled “Top Crypto Opportunities in Q4 2023 and Beyond” where she provided insights into the goals Bitget aims to pursue in the crypto industry. Seychelles-based cryptocurrency exchange Bitget is taking part in the Future Blockchain Summit being held in
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An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved. Source
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The administration of New York City Mayor Eric Adams released a plan for the adoption and regulation of artificial intelligence (AI) within the local government, along with a new integration into city applications. On Oct. 16, the administration released an update saying it is developing a framework through which city agencies
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The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16. The agency’s Division of Examinations has been publishing similar reports for over a decade to let its registrants know the emerging risks it will be focusing on. Crypto dealer-brokers, among others, have been given
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“Even with the proofs available, it really is contingent on someone in the network actually generating a proof,” said Kenny Li, a co-founder of Manta to CryptoX. “There's that long delay on the withdrawal side, which, users are kind of impatient, as they should be. It's their assets.” Source
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The Securities and Exchange Commission (SEC) will not contest a court ruling favoring Grayscale’s proposed spot Bitcoin exchange-traded fund (ETF). An Oct. 14 update from Bloomberg citing an inside source has revealed that the SEC has chosen not to appeal the District of Columbia Court of Appeals’ decision from August, which
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The Web3 Foundation, a firm whose flagship project is the Polkadot blockchain protocol, has unveiled a new initiative to allocate $22.08 million and 5 million DOTs throughout the year 2024. This move aims to bolster the existing community-governed funding mechanism, which originates from the Polkadot Treasury. More updates to come Web3 Foundation was
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