Telo News - Crypto | DeFi | Web3

14 Mar 2024 14:49

The difficulty of mining Bitcoin has surged to 83.95 T, marking a record high.

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14 Mar 2024 14:18

The Hong Kong SFC announced that Bybit, the third-largest offshore exchange, has been added to the warning list.

While Bybit's Hong Kong entity is seeking a license, its offshore entity has been flagged—a rare occurrence.

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14 Mar 2024 10:13

The US Treasury is reportedly probing $165m in cryptocurrency transactions tied to Hamas before its attack on Israel.

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14 Mar 2024 09:16

Joe Biden’s latest budget proposal reportedly calls for a 30% tax on crypto mining.

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14 Mar 2024 07:55

Elon Musk said that Tesla would accept payments in DOGE and "at some point Dogecoin would go to the Moon."

After this statement, the price of DOGE increased by 10.53%.

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14 Mar 2024 07:21

US Judge denied motions to dismiss SEC's lawsuit against Gemini Earn program.

Judge Edgardo Ramos ruled that the SEC "plausibly alleged" that Genesis Global Capital and Gemini Trust Company offered and sold unregistered securities through Gemini Earn.

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13 Mar 2024 19:44

EU drafted rules for handling stablecoin issuer complaints under the MiCA framework, outlining procedures for ART (asset-referenced token) holders.

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13 Mar 2024 15:01

💡💡💡
The Ethereum blockchain just underwent its long-awaited "Dencun" upgrade, aiming to significantly reduce fees for users of layer-2 scaling solutions built on Ethereum.

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13 Mar 2024 14:24

According to Bloomberg, Bitcoin Fog founder convicted of money laundering in Washington federal court.

Roman Sterlingov, 35, found guilty of aiding in laundering tens of millions of dollars from darknet markets.

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13 Mar 2024 12:32

Thailand has approved a tax exemption for crypto earnings to encourage fundraising via investment tokens. Under the exemption, holders of investment tokens that have had the 15% capital gains tax withheld don’t need to include the profits when calculating their income tax.

Kulaya Tantitemit, director-general of Thailand’s Revenue Department, reportedly said:

“The Ministry of Finance through the Revenue Department recognizes the importance of digital tokens for investment (Investment Token), which will be another tool for raising funds for business operators in the country.”

Telo News - Crypto | DeFi | Web3

13 Mar 2024 11:54

TON Foundation has announced a partnership with Fireblocks and DWF Labs. This collaboration aims to improve TON's security, facilitate mainstream adoption and open up new opportunities for institutional investors.

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13 Mar 2024 10:59

Christie's, a renowned international auction house, unveiled SOURCE (On NFTs), its inaugural on-chain generative art collection by Robert Alice, with prices starting at 5 ETH.

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13 Mar 2024 09:59

OKX's Singapore subsidiary, OKX SG, got initial approval for a Major Payment Institution license, paving the way to offer digital payment token services and cross-border transfers pending full approval.

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13 Mar 2024 09:29

Nigeria is requesting Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months.

The demand comes as Nigeria’s detention of Binance’s compliance head and Africa region manager moves into a third week.

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13 Mar 2024 08:50

Bitcoin soared to $73,000, hitting a new milestone.

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14 Mar 2024 14:32

A UK judge reportedly ruled that Craig Wright is not Satoshi Nakamoto and did not author the Bitcoin whitepaper, following the Crypto Open Patent Alliance trial.

This ruling aims to prevent Wright from suing developers or claiming intellectual property rights over Bitcoin.

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14 Mar 2024 11:22

The European Central Bank is reportedly advancing plans for a digital Euro to meet digital payment demands, despite privacy concerns.

The project aims to address retail payment needs while prioritizing data protection.

With a potential rollout by November 2025, debates about privacy and surveillance persist, prompting consideration of alternatives like Bitcoin.

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14 Mar 2024 09:42

Mike Novogratz stated that the price of Bitcoin was unlikely to drop below $50k unless significant events, such as negative spot Bitcoin ETF flows, occurred.

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14 Mar 2024 08:44

Dutch central bank reportedly fined Crypto.соm $3.1m for operating without registration.

Despite objections, Crypto.соm later registered and continued operations.

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14 Mar 2024 07:44

MicroStrategy plans to offer $500m in convertible senior notes due 2031, with an option for an additional $75m, subject to market conditions.

The proceeds will be used to buy more bitcoin and for general corporate purposes.

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13 Mar 2024 20:19

South Africa reportedly aims to license 60 crypto platforms by month-end, becoming one of the first in Africa to require exchanges to obtain licenses.

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13 Mar 2024 16:04

US authorities, with Tether's help, recovered $1.4m in USDT suspected from a customer support scam.

The funds were stolen in a scheme targeting the elderly, involving fake support and transfers to USDT.

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13 Mar 2024 14:59

South Korea's National Tax Service is reportedly developing a virtual asset tax system to prevent cryptocurrency tax evasion.

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13 Mar 2024 13:41

According to the data, Bitcoin's daily capital inflows hit $2bn, matching past bull market levels, and are expected to rise further with the introduction of spot ETFs.

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13 Mar 2024 12:00

A US court approved Terraform Labs to hire Dentons law firm despite objections from creditors and the SEC due to a high retainer fee. To address these concerns, the law firm agreed to return $48m of the $166m retainer fees and accept court oversight.

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13 Mar 2024 11:30

Elon Musk predicted that AI will surpass individual human intelligence next year and surpass collective human intelligence by 2029.

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13 Mar 2024 10:32

The US government study found current intellectual property laws sufficient for handling copyright and trademark issues related to NFTs, despite concerns about misuse.

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Telo News - Crypto | DeFi | Web3

13 Mar 2024 09:47

On March 12, Bitcoin ETF net inflows surged to over $1bn, marking a new daily record.

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13 Mar 2024 09:13

Coinbase reportedly plans a $1bn convertible debt offering, inspired by MicroStrategy, following analysts' changed views on the stock.

The funds may be used for debt repayment, capped call transactions, and potential acquisitions.

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13 Mar 2024 08:46

BlackRock’s Bitcoin ETF now manages over 200k BTC, with a net US spot ETF inflow of 6,977 BTC on March 12.

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