NFT Marketplace Magic Eden Streamlines Operations to Focus on Solana and Dicey Gambling

Magic Eden is narrowing its focus to the Solana blockchain and its Dicey gambling platform while sunsetting various Bitcoin and Ethereum services. CEO Jack Lu announced on X that Magic Eden will streamline its marketplace to focus exclusively on Packs and Solana while doubling down on Dicey, its crypto casino and sportsbetting project. The company … Read more

The Death of Crypto Twitter? X Announces ‘Paid Partnership’ Label Program

The Head of Product at X, Nikita Bier, stressed that this measure was taken to enable content creators to be transparent with their followers. The potential enforcement measures to be taken against users running undisclosed promotions were not clarified. Crypto Twitter Hurts as X Announces Paid Partnership Disclosure Label X is moving to enhance transparency … Read more

South Africa Tax Collector Deploys New Tech to Track Crypto and Offshore Assets

South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits. The End of the ‘Offshore Shield’ The South African Revenue Service (SARS) has, since March 1, used its most sophisticated tools to date to track crypto-assets and offshore financial interests. The … Read more

‘A Scam’: Kalshi Might Face Legal Actions Regarding Iran’s Regime Change Market Resolution

While Kalshi CEO Tarek Mansour explained that the company did not list markets tied to the death of any personality because it goes against U.S. regulations, users are preparing legal actions against the company over the market settlement. Kalshi Might Face Legal Action Over Iran’s Regime Change Market Settlement Kalshi, one of the largest regulated … Read more

Brazilian Exchanges Receive New Bank Secrecy and Accounting Standards Provisions

The measures seek to fully integrate crypto exchanges into the established financial system and protect the identity information of the institution’s customers. The Central Bank states that this will promote “transparency, comparability, and predictability of information provided to the market.” Brazil Issues Resolution Including Crypto Brokerages to Comply With Bank Secrecy Laws Brazil is moving … Read more

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