Cryptocurrency News

26 January

Crypto Chess: Andreessen Horowitz Leaves UK, Eyes Opportunities Under Trump Policies

Andreessen Horowitz (a16z), a titan in the venture capital world, has made waves with its decision to scale back operations in the United Kingdom. This strategic retreat comes as former U.S. President Donald Trump signals a renewed push for pro-crypto policies, potentially reigniting opportunities in the U.S. for crypto innovation and investment. The shift underscores a broader trend of recalibrating …

26 January

Nasdaq and BlackRock’s Bitcoin ETF: How an In-Kind Structure Could Reshape Crypto Efficiency

The world of cryptocurrency is no stranger to innovation, but the proposed Bitcoin exchange-traded fund (ETF) from BlackRock, listed via Nasdaq, promises to introduce a transformative feature: an in-kind structure. This development could redefine efficiency in the crypto market, bridging traditional finance with decentralized assets in unprecedented ways. BlackRock’s proposal for a Bitcoin ETF, in collaboration with Nasdaq, has captured …

26 January

Decentralization Meets AI: Gaurav Sharma on DePIN and the Internet of GPUs

As artificial intelligence (AI) continues to evolve, the need for powerful computing resources has surged. Enter Decentralized Physical Infrastructure Networks (DePIN), an emerging concept that leverages decentralized resources to power AI-driven applications. Gaurav Sharma, CTO of IO.net, is at the forefront of this movement, aiming to reshape the AI landscape with a decentralized approach. The Vision Behind DePIN and the …

26 January

Crypto’s Regulatory Rebel Hester Peirce Bows Out from SAB 121

SEC Commissioner Hester Peirce, known for her pro-crypto stance and vocal dissent against stringent regulatory measures, has bid farewell to the controversial crypto accounting guidance known as Staff Accounting Bulletin No. 121 (SAB 121). Peirce’s departure from the policy marks a significant moment in the ongoing debate over how digital assets should be handled under U.S. financial regulations. A Long-Standing …

26 January

Traffic Fines Go Digital: Goyang Confiscates $228K in Crypto

In a groundbreaking move, authorities in Goyang City, South Korea, have seized cryptocurrency worth over $228,000 from traffic offenders who failed to pay their fines. This unprecedented action highlights the increasing intersection between digital assets and law enforcement as municipalities turn to innovative methods to recover outstanding debts. Digital Enforcement for a Digital Age With the rising popularity of cryptocurrencies, …

25 January

Ledger Co-Founder David Balland Kidnapped, Hand Mutilated in Brutal Ransom Attack

In a shocking and horrific turn of events, Ledger co-founder David Balland has become the victim of a brutal kidnapping and ransom plot, resulting in the mutilation of his hand. The incident, which took place earlier this week, has sent shockwaves through the cryptocurrency and tech communities, leaving many in disbelief over the violent crime committed against one of the …

25 January

Trump Signs Executive Order to Forge Path for US Digital Asset Regulation

In a significant move for the future of cryptocurrency and digital assets in the United States, former President Donald Trump has signed an executive order aimed at developing a comprehensive regulatory framework for digital assets. The order signals a bold step forward in how the U.S. government plans to address the growing influence of cryptocurrencies and blockchain technologies on the …

25 January

Ross Ulbricht Speaks Out After Pardon: ‘A Lot to Talk About,’ He Tells Trump

Ross Ulbricht, the creator of the Silk Road dark web marketplace, has issued his first statement following his pardon by former President Donald Trump. In his message, Ulbricht expressed profound gratitude to Trump, stating that he has “a lot to talk about” in the wake of his release after spending nearly a decade in federal prison. Ulbricht’s case has been …

25 January

Could MicroStrategy Face a Major Tax Bill? Unrealized Bitcoin Gains at Risk”

MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisitions, may soon find itself facing a significant tax burden on its growing digital asset portfolio. A recent report reveals that the company could be taxed on its unrealized Bitcoin gains, despite not yet selling any of its holdings. This potential tax issue highlights the complex relationship between cryptocurrency holdings …

25 January

Hester Peirce Axes Controversial Crypto Rule SAB 121 Amid Industry Backlash

In a significant development for the crypto world, SEC Commissioner Hester Peirce has announced the repeal of the controversial crypto accounting rule known as SAB 121. The rule, which sparked widespread criticism from the cryptocurrency industry, required firms to treat certain digital assets as liabilities on their balance sheets—an approach many saw as overly restrictive and misaligned with the nature …