Slovakian parliament votes in support of lower crypto taxes
Slovakia has joined a growing list of pro-crypto legislation after approving the amendment of the crypto taxes bill, which slashes the taxes to only 7%.
MicroStrategy adds 12,333 more Bitcoins for $28,136 median acquisition price-Michael Saylor
Microstrategy has pushed its limits in Bitcoin acquisition after buying $347M worth of Bitcoins at an average cost of $28,136 per coin. The institution now holds 152,333 coins worth around $4.52 billion, acquired at an average cost of $29,668 per Bitcoin.
Charles Hoskinson debunks a FUD that interest in Cardano is waning
Cardano CEO Charles Hoskinson has replied to a tweet praising the Cardano ecosystem for its efforts to weather the current bear market cycle, saying it’s commendable to uphold total decentralization in the process.
Bitcoin is a defense against “manipulation of the money supply”-Robert F. Kennedy Jr
In a June 28 tweet, Robert F. Kennedy Jr expressed that he would support Bitcoin and ensure that all US citizens have the right to hold their Bitcoin and make it inviolable. He added that it is a nice tool to save US citizens from totalitarianism and manipulation of the money supply.
DEX to CEX Futures trading volume ratio hits a new all-time high (ATH)
On June 27, the DEX to CEX futures trading volume ratio recorded a new all-time high though DEXs still have fewer futures trading volumes. These developments show growing discontent in the centralized crypto markets like Binance and Coinbase as regulators go harder after them.
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Hot Stories
Tether CTO clarifies the minting of a new $1B worth of USDT on the ETH network
Tether CTO Paolo Ardoino has taken to Twitter to clarify why the issuer has minted a billion USD coins. He says the new coins will facilitate chain swaps and won’t mix with the issued market cap.
UBS completes the takeover of Credit Suisse
UBS, a Swiss banking giant, has completed the takeover of Credit Suisse following its collapse in March 2023. The bank will now be in charge of a balance sheet worth over $1.6T and a workforce of around 120K professionals.
Vitalik Buterin: These three features are the pivots of Ethereum
Vitalik Buterin, Ethereum network co-founder and core developer, has outlined wallet security, layer 2 scaling and privacy-preserving features as key Ethereum pivots.
Winklevoss twins: Democrats’ war on crypto will cost key voters
Winklevoss twins believe that Democrats are on the wrong side of crypto regulation, which may make them lose key votes in 2024. The two crypto investors believe that the ongoing ‘crypto crackdowns’ and open show of dissatisfaction with crypto innovations led by Democrats might make many voters favor their opponents.
Sturdy Finance loses $800K to hackers
Sturdy Finance, a well-known Decentralized Finance lending protocol, has fallen prey to hackers that managed to drain $800K. The platform has responded by saying that it has paused all markets and no further funds were at risk.
SEC introduces two more securities rules for swap markets
SEC chair Gary Gensler has announced the introduction of more rules for Swap Markets. He says investors need more protection as misconduct in such markets could affect many involved parties.