A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen. Read More at https://cointelegraph.com/news/makerdao-sky-usds-stablecoin-freeze-decentralized-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: September 2024
Japan’s finance regulator calls for lower crypto taxes in 2025
Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code which could see the tax rate for crypto assets lowered in 2025. Read More at https://cointelegraph.com/news/japan-lower-crypto-taxes-2025-financial-services-agency-tax-overhaul?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin's price shows 'no clear direction' amid active address decline
Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst. Read More at https://cointelegraph.com/news/bitcoin-price-no-clear-direction-active-address-metric-decline-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Scammers have found a way to burn tokens from inside Solana wallets
Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. Read More at https://cointelegraph.com/news/new-solana-scam-burn-tokens-from-inside-sol-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trader turns $5k into $670K on Ethereum pump.fun rival Ethervista
The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit. Read More at https://cointelegraph.com/news/ethervista-launch-token-trader-massive-profits-solana-pumpfun-rival?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lara and Tiffany Trump X accounts hacked, users warned not to click links
Scammers have taken over two accounts associated with presidential candidate Donald Trump’s family Read More at https://cointelegraph.com/news/lara-tiffany-trump-x-accounts-hacked-world-liberty-financial-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Fed rate cut could push Bitcoin down 20%: Analysts
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market. Read More at https://cointelegraph.com/news/federal-reserve-rate-cut-bearish-bitcoin-price-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pro-XRP attorney John Deaton wins Republican US Senate primary
The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November. Read More at https://cointelegraph.com/news/john-deaton-pro-xrp-lawyer-wins-republican-senate-primary-massachusetts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mysten Labs tips Web3 gaming device to deliver in first half of 2025
Mysten Labs’ slated handheld gaming device, SuiPlay0X1, is now taking preorders at $599 a pop with deliveries expected next year. Read More at https://cointelegraph.com/news/mysten-labs-web3-handheld-gaming-device-launch-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nvidia posts historic one-day loss after US antitrust subpoena
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed. Read More at https://cointelegraph.com/news/nvidia-biggest-single-day-market-cap-loss-antitrust-subpoena?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound