Bookmarking Crypto Insights
Cody Carbone, the CEO of The Digital Chamber, said in a statement that through collaboration with Future Caucus, the initiative hopes to develop leaders ready to introduce and support crypto legislation. Go to Source
The White House is reviewing a proposal to join an international crypto tax standard that could deter Americans from moving their digital assets to offshore exchanges. Go to Source
Nadella called for companies to abandon the current stage of rivalry in the AI industry, leaving the winner-take-all mindset behind. Instead, he proposed to take action to ensure the broad diffusion of this tech, targeting societal benefits as the ultimate goal. Microsoft CEO Satya Nadella Criticizes Current AI Industry’s ‘Zero-Sum’ Thinking The Facts Satya Nadella, … Read more
Over the past seven days, about $450 billion has vanished from the crypto economy as it slid from $3.57 trillion on Nov. 10 to $3.12 trillion by 4 p.m. Eastern time on Monday. Even after a year filled with fresh all-time highs, plenty of tokens are now sitting a cool 25% to 50% beneath the … Read more
LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Go to Source
African crypto exchange VALR has partnered with financial services platform Mukuru to launch a USDC wallet integrated into Whatsapp. Bridging Finance to the Masses via Whatsapp The leading African crypto exchange, VALR, has forged a significant partnership with Mukuru, a leading financial services platform, to launch a USDC wallet. Through this collaboration, VALR will provide … Read more
Japan’s financial regulator is preparing a sweeping overhaul of its crypto taxation framework by proposing to classify 105 digital assets, including bitcoin and ether, as financial products. If approved, the move would cut tax rates for many crypto traders and introduce new insider trading safeguards. FSA Moves Toward Reclassifying Crypto Assets as Financial Products Japan … Read more
ETH price fell below $3,000 for the first time since July. Cointelegraph explains what is required for a trend reversal. Go to Source
With higher yields and flexible deposits, Aave’s new app marks a deeper move into the consumer banking terrain as inflation drives demand for better savings tools. Go to Source
According to onchain analyst ZachXBT, one Cardano user watched $6.05 million worth of cardano ( ADA) vanish while trying to swap into a stablecoin called USDA. With liquidity running on fumes, the stablecoin’s price shot to absurd highs, turning a routine trade into a very expensive lesson. Dormant Cardano Wallet Awakens, Instantly Burns Millions in … Read more