Uniswap Challenges SEC: A Stand for DeFi’s Autonomy
Uniswap, a leading decentralized exchange (DEX), has openly challenged the U.S. Securities and Exchange Commission’s (SEC) recent attempts to regulate the decentralized finance (DeFi) sector. This confrontation follows closely on the heels of the U.S. Supreme Court’s landmark decision to eliminate Chevron deference, significantly altering the landscape of administrative law and regulatory oversight. In a […]
Forgotten Runiverse Jumps to Ronin: A New Era Begins
Forgotten Runiverse, a fantasy role-playing game, is set to migrate to the Ethereum sidechain Ronin. This move was announced by developers Bisonic, Inc. and Magic Machine on Wednesday. Known for its vibrant NFT project-based gameplay, Forgotten Runiverse joins a growing list of games adopting Ronin, a network that gained popularity with titles like Axie Infinity […]
Metaplanet’s Bold Bitcoin Play Amid Market Turmoil
Metaplanet Inc., a Tokyo-based publicly traded company, has made a significant move in the cryptocurrency market by purchasing an additional 42 Bitcoin, valued at 400 million yen (approximately $2.4 million). This acquisition brings the company’s total Bitcoin holdings to 203 BTC, as per their latest public disclosure. This bold investment is part of Metaplanet’s broader […]
Germany’s Bitcoin Sell-off Stirs Market: $28 Million Moved
The German government’s recent movements of substantial Bitcoin sums to cryptocurrency exchanges have caused ripples through the crypto markets. On Monday, it transferred BTC worth over $28 million to both Coinbase and Bitstamp, signaling a significant unloading of assets. Crypto analytics firm Arkham has traced these transactions, noting that the transfers included 250 BTC each […]
Andrew Tate’s DADDY Tour: Legal Drama Meets Crypto Craze
Andrew Tate, a contentious social media influencer, has been granted permission by the Bucharest Tribunal to leave Romania, albeit with restrictions to remain within the European Union. This decision comes as Tate faces serious allegations, including human trafficking, rape, and forming a criminal gang aimed at sexually exploiting women. Following his release, Tate announced his […]
Shatterline Meets HV-MTL: Epic Fusion in the Arena
This spring marked a pivotal transition for the HV-MTL NFT mech suits, originally minted on Ethereum by the creators of the Bored Ape Yacht Club, Yuga Labs. These suits are now set to star in the upcoming free-to-play PC shooter, Shatterline, following their acquisition by gaming startup Faraway. Faraway, which maintains a close relationship with […]
Sahil Arora’s Crypto Mess: $380K and No Tokens?
Celebrity cryptocurrency promoter Sahil Arora is under scrutiny after allegations surfaced that he mismanaged $380,000 raised in a presale for a token he claimed was endorsed by rapper Iggy Azalea. Participants allege that despite contributing significant amounts in SOL, the promised tokens have not been delivered. One participant detailed sending 5 SOL ($670) to Arora […]
KuCoin Springs VAT on Nigeria’s Crypto Trades: A New Tax Era?
In a significant move signaling regulatory changes, cryptocurrency exchange KuCoin announced it will start imposing a Value-Added Tax (VAT) of 7.5% on transaction fees for its Nigerian users, effective from July 8, 2024. This decision follows a “regulatory update” in Nigeria, marking a pivotal shift in the country’s approach to cryptocurrency taxation. KuCoin, in an […]
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