Key Takeaways New Zealand’s ACT party proposed tax-free crypto gains after a year to boost long-term retail investments. The proposal exempts small crypto purchases from taxes, aiming to make digital assets a daily currency. The plan includes clear stablecoin rules and a regulatory sandbox to foster local financial innovation. ACT Proposes New Rule For Digital…
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is now producing victories for the South Korean exchange in court. The Seoul Central District Court has ordered one customer to…
Finally, a real, authorized look at the most anticipated game of the year, Grand Theft Auto VI! After more than a decade since its predecessor was released, years of wild speculation, postponed release dates, and a leaker posting over a dozen leaked clips, Rockstar Games teamed up with Netflix to provide fans with an official…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The threat of a nationwide Facebook ban in the Philippines is off the table. Following days of escalating tensions over platform moderation delays during a violent crisis, Philippine regulators and Meta executives have agreed to…
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an…
There’s also an array of clothes you can equip your characters with, which Rockstar has apparently coordinated with real-life fashion designers to put in the game. Some of these, however, may only come with the $100 Ultimate Edition that people are very mad about. Maybe Don’t Hit and Run The NPCs in the game appear…
Key Takeaways Bitcoin mining uses 30% of Paraguay’s power, sparking warnings of a major energy crisis by 2029. Stagnant power generation and a $15B funding gap threaten the nation’s long-term energy independence. Though mining demand is flexible during peak hours, officials are cracking down on illegal power theft. Paraguayan Grid Could Face Crisis By 2029…
In Bitcoin news today, a group of cryptography researchers has published a draft specification for SHRINCS, a post-quantum signature scheme for Bitcoin transaction authorization. The draft, authored by conduition, Ethan Heilman, Mikhail Kudinov, Oleksandr Kurbatov, Jonas Nick, and a contributor known as remix7531, describes a hash-based design that combines a compact stateful signing path with…
Rivian’s chief financial officer Claire McDonough is resigning her position at the end of October, the company announced in a regulatory filing Thursday. The company said McDonough is stepping down to “pursue a new opportunity and relocate to the East Coast to be closer to her family.” McDonough has been hired as CFO at Massachusetts-based…
Trading volume surged nearly 95,000% in 24 hours as traders rushed back into the dormant token, pushing its price up by over 1,600%. Machi Big Brother proposed a $1 million buyout of Friends.Tech on August 27, offering to acquire the stalled project from Racer and Paradigm and relaunch its FRIEND token. The proposal sent…
