Haven Protocol Token (XHV) crashes after mint exploit
Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited…
Italy will drop plans to increase tax on crypto capital gains
Italy drops plans to raise crypto tax from 26% to 42% after industry opposition. Lawmakers propose capping the tax at 28% or maintaining the current 26% rate. Progressive taxation and…
Microsoft shareholders reject Bitcoin treasury proposal
Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal…
Crypto.com partners with Deutsche Bank for Asian-Pacific banking services
com partners with Deutsche Bank to enhance Asia-Pacific banking services. The deal strengthens Crypto.com’s infrastructure and supports global expansion. Plans include entry into Europe and offering traditional financial products by…
Price Analysis: Bitcoin Finds Support at the $93k Level
The crypto market shed 6.48% (roughly $240 billion) yesterday as Bitcoin’s fall from $101,000 to a daily low of $93,000 sparked $750 million in liquidations. Major cryptos have begun to…
Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024
Eric Trump has predicted Bitcoin will hit $1M, citing its scarcity and potential. Eric compared Bitcoin’s adoption to email, emphasizing early adopter advantages. Eric lauded Bitcoin as a hedge against…
Could 1FUEL Transform the DeFi Landscape Before Ethereum Reaches $5,000?
DeFi is here to stay, and things are starting to heat up. As of today, Ethereum is blazing to a monumental $5,000 valuation. Yet, as we watch ETH’s climb, another…
OKX Ventures boosts TON ecosystem with $5m investment
OKX Ventures’ investment adds to the recently launched $10 million Telegram Growth Hub. The $5 million investment in TON Ventures targets growth for Telegram-powered apps on TON blockchain. OKX Ventures,…
Crypto groups oppose re-nomination of SEC’s Caroline Crenshaw
Blockchain Association, DeFi Education Fund and CEDAR Innovation Foundation have all opposed the re-nomination of Caroline Crenshaw as a SEC Commissioner. Crenshaw is a Joe Biden appointee and is criticised…
El Salvador to change Bitcoin plans to secure $1.3bn IMF loan
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a…