Day: October 16, 2024

Dogecoin Soars After Musk’s Tweet

It’s déjà vu for crypto enthusiasts, as Dogecoin (DOGE) is back in the spotlight with a significant price surge, reminiscent of its massive rally in 2021. The meme coin jumped 12% in the last 24 hours, with its price reaching $0.1264, according to data from CoinGecko. Over the past week, DOGE has seen an impressive […]

Italy’s New Crypto Tax Hike

The Italian government has unveiled plans to significantly raise the tax rate on capital gains from Bitcoin and other cryptocurrencies, increasing the rate from 26% to 42%. This proposed change, representing a 62% increase, was revealed by Deputy Minister of Economy Maurizio Leo during a press conference on the 2025 budget. The measure is part […]

Crypto Ponzi Promoter Sentenced to 20 Years

Juan Tacuri, a senior promoter in the notorious cryptocurrency Ponzi scheme Forcount, was sentenced to 20 years in prison by a federal court in New York on Tuesday. Tacuri, who played a central role in defrauding thousands of victims globally. Particularly targeting Spanish-speaking communities, was handed the maximum statutory term for his involvement in the […]

Telegram’s Role in Web3 Mass Adoption

The explosive growth of Telegram gaming is revolutionizing how Web3 projects engage users, according to Robby Yung, CEO of Animoca Brands. With major crypto games like Hamster Kombat drawing over 300 million users, Yung predicts that Telegram will soon become a must-have component for all Web3 projects, marking the beginning of mass adoption. Yung’s vision […]

Coinbase Battles SEC Over Withheld Documents

Coinbase has intensified its legal fight against the U.S. Securities and Exchange Commission (SEC) by filing a motion in the U.S. District Court of Columbia. The crypto exchange claims that the SEC has deliberately withheld key documents and imposed unjustified delays. Obstructing Coinbase’s access to critical information needed for its defense. In the motion, filed […]

Ireland’s Crypto Rule Shake-Up

Ireland Prepares for Crypto Regulation Overhaul Ireland is gearing up to introduce new cryptocurrency regulations as part of an effort to align with the European Union’s (EU) impending anti-money laundering laws. Finance Minister Jack Chambers is leading the charge to draft urgent legislation. Signaling the country’s commitment to tightening controls in the growing crypto sector. […]