Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation
Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which...
Day: 10 August 2024
Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast
JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy....
Putin Signs Law to Regulate Crypto Mining in Russia
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set...
Peru Issues VASP Regulation, Strengthens AML/TF Requirements
The Superintendence of Banking and Insurance (SBS) of Peru, has issued a resolution that forces VASPs to implement Know Your...
XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10
XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest
IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes...
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the...
Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions
In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple...
Wazirx to Reverse All Trades Made After Withdrawal Freeze
Indian crypto exchange Wazirx has decided to reverse all trades made after withdrawals were halted following the recent cyberattack. The...
NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks
Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting...
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart...
Okx Says Accounts Interacting With Tornado Cash Will Be Closed
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and...
Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina
The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and...
Pip World Buys Roblox Stock Simulator Game for Undisclosed Price
Stockrise, Roblox’s highest-grossing stock simulator game, has been acquired by the socialfi gaming platform Pip World for an undisclosed price....
Robinhood Reports 161% Surge in Q2 Crypto Revenue
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue....
