Image by Brian Yue, MidjourneyThe leader of the Securities and Exchange Commission’s (SEC) crypto and cyber litigation legal team has left to join private firm White & Case, according to a February 21 press release. White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group. Head of...
The co-founder of Cardano Charles Hoskinson called for more development around web3 social media platforms rather than dependence on centralized platforms. In a Feb 19 Ask Me Anything (AMA) session with his followers, the Cardano executive answered questions on diverse issues ranging from politics to cryptocurrencies. Surprise AMA 02/19/2024 https://t.co/umS6YLfeXI — Charles Hoskinson (@IOHK_Charles) February...
CME Group will expand its cryptocurrency derivatives offerings by launching Micro Bitcoin Euro and Micro Ether Euro futures in March, according to a February 20 press release. The proposed two derivatives will be added on March 18 pending regulatory approval in a bid to protect investors in the market. Available March 18*, CME Group is...
Court Rules Against Crypto Mining Company,Will Not Force BC Hydro to Provide PowerConifex Timber Inc.,a forestry firm with a crypto mining business,has lost a court battle in which it had aimed to force BC Hydro,a Canadian electric utility in the province of British Columbia,to provide the power needed for its operations,the National Post reported. In...
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service(IRS)rules mandate that cryptocurrency brokers report personal information on digital asset transactions over$10,000,including customers’names,addresses,and social security numbers,within 15 days. While the goal is increased transparency and reduced...
Gold prices took a technical support around$1,930 per ounce,driven by the cheer of softening US inflation,has been cut short but a mild rebound in the US Dollar overnight.Gold prices were confined to a restricted range nearing$1,960 per ounce after testing immediate resistance of$1,980 per ounce.As of 10:50 am Singapore Standard Time,Gold Comex December futures traded...
Inflation is a hidden tax on the common people and is something you need to understand and be positioned accordingly as both an investor/citizen moving into the near future.Imagine the value of your life’s work cutting in half every 15 hours,at no fault of your own,this is what happened during the worst case of hyperinflation...
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023.US Core PCE Price Index figures showed YoY inflation falling to 2.9%, below the expected rate of 3.0%.The Bitcoin price was last probing $42,000,...
In the realm of cryptocurrency, Bitcoin‘s trajectory has captured the market’s attention yet again. As whispers turn into conversations about Bitcoin price predictions, the digital currency has edged up by 0.41 percent, steadying at $42,403. This subtle yet optimistic rise coincides with murmurs that Google could begin displaying advertisements for Bitcoin ETFs as early as...
As the global cryptocurrency industry continued to consolidate in 2023, the demand for efficient, secure trading experiences and regulatory compliance increased in tandem with the accelerated pace of internationalization. In response to these trends, SILEGX Exchange actively expanded its global data center network, deepened partnerships with international auditing firms, extended its market licenses across multiple...