Exodus Donates $1.3m to Stand With Crypto Ahead of Election
Exodus donated $1.3 million to Stand With Crypto, a bipartisan advocacy group supporting cryptocurrency candidates in the U.S. elections. There are barely six weeks before Election Day, so this donation, first made public by Fox Business, arrives at a critical moment. Exodus’ support will aid in extending Stand With Crypto’s national education and voter mobilization […]
Turkey Decides Against Additional Tax Package on Stocks
Vice President Cevdet Yilmaz reaffirmed that Turkey will not impose a tax on gains from trading stocks or cryptocurrencies this year. According to Bloomberg reporting, the government has prioritized cutting current tax exemptions over considering a tax of this kind. The ruling, which clarifies the government’s position, is a momentous occasion for investors in Turkey’s […]
SEC Charges TrustToken, TrueCoin over Stablecoin Fraud
The U.S. Securities and Exchange Commission charged securities violations to two cryptocurrency organizations associated with the TUSD stablecoin. TrueCoin and TrustToken settled the charges brought against them, which included allegations of unregistered offering and sales of investment contracts between November 2020 and April 2023. Through the creation of the decentralized finance lending platform TrueFi, TrustToken […]
Core Becomes Largest Bitcoin Sidechain with $423m in TVL
Core has become the biggest Bitcoin sidechain, with more than $400 million locked in its entire value. DefiLlama’s statistics indicate that Core’s TVL climbed by more than $100 million in the last 30 days, reaching $423 million at this time. According to a press release this represents more than 26% of the total TVL across […]
21.co Adds Chainlink Proof of Reserves for Wrapped Bitcoin
21.co, the parent company of 21Shares, uses Chainlink Proof-of-Reserve to make its wrapped Bitcoin more transparent. 21.co plans to utilize Chainlink’s proof of reserves service on the Ethereum and Solana mainnets, per a press announcement dated September 23. The integration aims to make reserves for 21.co’s wrapped Bitcoin, or 21BTC, more transparent. Early in September […]