Day: October 7, 2024

Meme Coin Frenzy Over Satoshi’s Identity Ahead of HBO Doc

As the crypto world braces for the HBO documentary “Money Electric: The Bitcoin Mystery,” set to air on October 8. Meme coin traders are buzzing with speculation about the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto. The film promises to unveil the person behind the pseudonym who initiated the blockchain revolution with a forum post […]

EigenLayer Team Addresses $5.5 Million Token Sale Incident

The EigenLayer team is grappling with the repercussions of a significant security breach that led to the unauthorized sale of approximately $5.5 million worth of its EIGEN tokens. This incident occurred after an email communication was compromised by a malicious actor. Leading to the transfer of tokens to the attacker’s wallet. Compromised Communications and Unauthorized […]

UAE Exempts Virtual Assets from VAT in Regulatory Update

The United Arab Emirates (UAE) has made significant amendments to its value-added tax (VAT) laws by exempting transactions involving virtual assets, including cryptocurrencies. This change, announced by the UAE’s Federal Tax Authority (FTA) under Cabinet Decision No. (100) of 2024 on October 2, 2024, will take effect on November 15, 2024. Clarity and Alignment in […]

Bitwise Consolidates Crypto ETFs into New Rotation Strategy Fund

Bitwise Asset Management is set to consolidate three of its futures-based cryptocurrency exchange-traded funds (ETFs) into a single innovative offering. According to recent filings with the U.S. Securities and Exchange Commission (SEC). The newly proposed ETF, named the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF, is designed to adaptively shift its holdings between Bitcoin […]

Solana Meme Coin Creator Ends His Project After Dangerous Stunt

In a shocking turn of events, Mikol, the creator of the Solana-based meme coin DARE. He has decided to abandon his project after suffering severe injuries from a stunt gone wrong. The developer was hospitalized with third-degree burns covering 30% of his body after setting himself on fire during a livestream in an attempt to […]