Tech

April, 2025

  • 9 April

    Ukraine’s New Crypto Rule: 18% Income Tax in Effect

    Ukraine has introduced a new tax framework targeting virtual assets, setting an 18% income tax rate on crypto-related gains—bringing digital assets in line with traditional income sources. The legislation, recently signed into law, marks a significant step toward formalizing Ukraine’s approach to digital assets, both as an economic opportunity and a taxable commodity. Under the new rule, individuals and businesses …

  • 9 April

    $1.25B Deal: Ripple Charts New Course with Hidden Road Buy

    In a move signaling its growing ambitions beyond payments, Ripple has agreed to acquire prime brokerage firm Hidden Road for $1.25 billion, marking one of its most significant deals to date. The acquisition, confirmed earlier this week, positions Ripple squarely in the institutional trading arena, adding deep liquidity, prime brokerage services, and infrastructure capabilities to its expanding portfolio. Hidden Road, …

  • 8 April

    Crypto Crossfire: Bitcoin Dips as CZ’s Move & FOIA Lawsuit Make Waves

    Bitcoin dipped below the $81,000 mark this week as crypto markets were shaken by a swirl of developments — including former Binance CEO Changpeng “CZ” Zhao’s reported move to Pakistan and a new FOIA (Freedom of Information Act) lawsuit that’s raised fresh questions about U.S. regulatory transparency. After a strong run in Q1 2025, Bitcoin has been hovering in a …

  • 8 April

    Ark Invest Buys the Dip: $13.3M in Coinbase Stock Scooped Up

    Despite a broader market downturn and ongoing volatility in the crypto space, Ark Invest continues to show confidence in Coinbase, scooping up $13.3 million worth of the exchange’s shares. The aggressive move came as Coinbase (COIN) stock saw a dip, triggered by a wider slump across both traditional and crypto markets. Cathie Wood’s Ark Invest, known for its bold bets …

  • 8 April

    No Verdict Yet: Nigeria Postpones Binance Tax Case to End of April

    Nigeria’s legal battle with crypto exchange giant Binance has hit another pause, as a federal court adjourned the high-profile tax evasion case to April 30. The case, brought forward by Nigeria’s Federal Inland Revenue Service (FIRS), alleges that Binance failed to register for tax purposes and neglected to collect value-added tax (VAT) and other necessary levies on transactions carried out …

  • 8 April

    XRP Gets a Turbo Boost: 2x Leveraged ETF Launches as Markets Cool

    As crypto markets grapple with a broader downturn, XRP is getting an aggressive new investment vehicle: a 2x leveraged exchange-traded fund (ETF) is set to launch in the U.S., offering traders a high-octane bet on Ripple’s native token. High-Risk, High-Reward The new ETF, which doubles the daily performance of XRP, is designed for sophisticated traders seeking amplified exposure to one …

  • 8 April

    Bridging the Gap: SEC Taps Coinbase, Uniswap for Crypto Policy Talks

    In a rare gesture of collaboration, the U.S. Securities and Exchange Commission (SEC) has invited top executives from leading crypto firms—including Coinbase and Uniswap Labs—to participate in a high-level roundtable aimed at shaping the future of digital asset regulation. The meeting, set to take place later this month in Washington, D.C., will bring together industry leaders, regulators, legal experts, and …

  • 8 April

    Galaxy Digital Eyes Wall Street: Nasdaq Listing Imminent After SEC Nod

    Digital asset powerhouse Galaxy Digital is poised to make its long-anticipated debut on the Nasdaq, following recent approval from the U.S. Securities and Exchange Commission (SEC). The move signals a major step in bridging traditional finance and the rapidly evolving world of crypto. SEC Greenlight Opens the Door After months of regulatory navigation, Galaxy confirmed it has received the green …

  • 8 April

    From Binance to Islamabad: CZ Advises Pakistan on Crypto Strategy

    In a surprising geopolitical pivot, former Binance CEO Changpeng “CZ” Zhao is reportedly advising the Pakistani government on its national crypto strategy, marking a bold move by the South Asian country to modernize its digital financial infrastructure. A Strategic Shift According to sources familiar with the matter, Pakistani officials have engaged CZ in an informal advisory role to help shape …

  • 8 April

    Jamie Dimon Sounds Alarm on Tariff Turbulence, Markets Flinch

    JPMorgan Chase CEO Jamie Dimon has issued a fresh warning about the potential economic fallout from escalating global trade tensions, cautioning that renewed tariff battles could destabilize already fragile markets. Speaking at an economic forum this week, Dimon pointed to rising protectionist rhetoric and the re-emergence of aggressive tariff strategies from major economies — particularly the U.S. — as a …