Japan Eases Crypto And Web3 Investments For Venture Capital’s
Japan Proposes Amendment Allowing VC Firms to Directly Finance Crypto Projects, Changing rules governing cryptocurrency investments. Japan is approaching a critical juncture in regulatory progress concerning cryptocurrency investments. Under the leadership of the Ministry of Economy, Trade, and Industry, the proposed amendment would permit venture capital firms (VCs) in Japan to invest directly in projects […]
Ruling Party to Postpone Crypto tax for 2 years in South Korea
The People Power Party, the ruling party in South Korea, has initiated efforts to postpone the implementation of cryptocurrency gains tax for an additional two years as a campaign pledge in preparation for the April general election. According to the Herald Business Daily, a local news source, the political organization stated that before delving into […]
Ripple CTO David Schwartz’s Position on XRP Dump Debate
In response to the XRP community’s accusation that Ripple was not transparent regarding XRP sales, CTO David Schwartz adopted a firm stance. David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently adopted an unequivocal position amid a contentious discussion regarding the purported disposal of XRP by Ripple. He denied allegations that XRP sales data […]
Bitcoin Open Interest Hits $22.5 Billion as S&P 500 Soars to New Highs
Bitcoin open interest reached a three-year high of $22.5 billion, signaling bullish momentum for the leading cryptocurrency. Meanwhile, the S&P 500 index also hit a new record high of 5,000, boosted by Goldman Sachs’ revised forecast. Bitcoin Open Interest Surges to $22.5 Billion Bitcoin open interest, the total value of outstanding futures contracts, shot up […]
Fake Rabby Wallet, FixedFloat Breach Hit Crypto Users
A fake Rabby Wallet app on the App Store and a security breach on the FixedFloat exchange resulted in the theft of millions of dollars worth of crypto from unsuspecting users. The incidents highlight the need for caution and vigilance in the crypto space. Fake Rabby Wallet App Scams Users A fake version of the […]