Month: November 2024

Putin Signs Law Declaring Crypto as Property in Russia

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Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark Law Russian President Vladimir Putin has signed a law officially designating digital currencies as property, laying the groundwork for taxation and regulation within the … Read more

Ripple’s Stablecoin Near Approval, Launch Countdown Underway

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Ripple’s stablecoin is reportedly near regulatory approval, signaling a significant step toward reshaping the stablecoin market with a regulated, fully backed digital dollar. Ripple’s Game-Changing Stablecoin RLUSD Awaits Final Nod by Regulator Ripple is reportedly close to securing approval for its regulated stablecoin, RLUSD, from the New York Department of Financial Services (NYDFS), according to … Read more

‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’

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Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been laid out and that states should “run with it.” Russian Deputy Foreign Minister: BRICS … Read more

Curve Finance Launches L2 Dex Leveraging Taiko’s Based Rollup Tech

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Curve Finance has launched Curve-Lite, a decentralized exchange (dex) powered by the Ethereum layer two (L2) scaling solution Taiko, emphasizing scalability and cost-effectiveness for decentralized finance (defi) users. Curve-Lite: A Scalable Defi Solution Debuts on Taiko Curve Finance has introduced Curve-Lite, a decentralized exchange (dex) instance utilizing the L2 Ethereum scaling solution Taiko. According to … Read more

DOGE Nears 50 Cents as Meme Coins Dominate

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The top meme coins made a splash on Friday, climbing 4.4% and lifting the sector’s collective market cap to an impressive $131.73 million. 90-Day Meme Coin Frenzy: GOAT Skyrockets Over 11,900% Though meme coins slipped slightly in overall sector rankings according to Artemis Terminal, they still managed to grow 4.4% in value over the past … Read more

Livestream Ban Backfires: Meme Coin Platform Pump.fun Sees Revenue Fall

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Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27. This sharp decline seemingly coincides … Read more