Author: Anshul

Coinbase CEO Cuts Ties Over SEC Hiring

Coinbase CEO Brian Armstrong has made a bold move, announcing that the cryptocurrency exchange has cut ties with law firms employing former U.S. Securities and Exchange Commission (SEC) officials. Armstrong accuses these individuals of orchestrating a campaign to “unlawfully kill” the crypto industry. In a statement on X (formerly Twitter) on Monday, Armstrong clarified Coinbase’s […]

Saylor Urges Microsoft to Adopt Bitcoin

MicroStrategy co-founder Michael Saylor has proposed a transformative Bitcoin adoption strategy to Microsoft’s board of directors, claiming it could generate nearly $5 trillion in shareholder value by 2034. Speaking at Microsoft’s December 2024 shareholder meeting, Saylor outlined how leveraging Bitcoin in corporate treasury management could significantly enhance the tech giant’s financial performance. Currently trading at […]

Boyaa Converts $50M Ethereum to Bitcoin

Hong Kong-based gaming company Boyaa Interactive has swapped its Ethereum holdings for Bitcoin, investing nearly $50 million as the cryptocurrency approaches the $100,000 milestone. The firm converted 14,200 Ethereum (ETH) for approximately 515 Bitcoin (BTC) between November 19 and 28, the company announced Friday. Boyaa’s recent acquisition brings its total Bitcoin holdings to 3,183 BTC, […]

Hong Kong Eyes Tax-Free Crypto Gains

Hong Kong is advancing its position as a global financial hub by proposing tax exemptions for investment gains on cryptocurrencies and other assets. The Financial Services and the Treasury Bureau outlined the plan in a consultation paper, which seeks to extend capital gains tax exemptions to sophisticated investors, including private funds and family office vehicles. […]

W-Coin’s Strict Inactivity Rule Sparks Debate

The Telegram-based tap-to-earn game W-Coin has unveiled a strict inactivity rule as it gears up for its token launch and airdrop on The Open Network (TON). Players who remain offline for more than three days will see 5% of their token supply burned daily until they log back in. While inactivity rules aren’t new in […]

Bitwise’s $1.4B Crypto Fund Eyes NYSE Arca

Bitwise Asset Management is taking its $1.4 billion crypto index fund to the big leagues, filing with the SEC for listing on NYSE Arca. The move aims to give everyday investors easy access to a curated slice of the crypto market. Fund Composition: A Strategic Crypto Portfolio The proposed ETF reflects a carefully weighted portfolio: […]

CZ Calls Out Memecoin Madness

The surging popularity of meme coins has drawn criticism from former Binance CEO Changpeng “CZ” Zhao, who voiced concerns over the sector’s growing extremism. His comments come as the meme coin frenzy, fueled by a bull market, reaches new heights—and increasingly bizarre publicity stunts. Dangerous Stunts on Pump.fun A spotlight has been cast on Pump.fun, […]

Justice for P’Nut and Fred: Tragedy Sparks New Meme Coin

Less than a month after the tragic deaths of Peanut the squirrel and Fred the raccoon, their owner, Mark Longo, has launched a Solana-based token called “Justice for P’Nut and Fred” (JUSTICE) in honor of his beloved pets. The token, which was minted using the DeFi meme coin platform Pump.fun, has quickly gained traction, amassing […]