Italy is pushing for a major increase in its capital gains tax on cryptocurrencies like Bitcoin, from the current 26% to 42%, marking a nearly 62% hike. The proposal, announced by Deputy Economy Minis...
Category: Tech
Live Tech News Updates.
The Open Platform Announces Launch of Update Integrating Its Wallets
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please con...
Paxos Introduces USDG Stablecoin Under Singapore Regulatory Framework
TLDR Paxos launches new USDG stablecoin compliant with Singapore’s upcoming regulations USDG is pegged 1:1 to USD, backed by high-quality liquid assets DBS Bank, Southeast Asia’s largest bank, manages...
Major Investor Bets on Shiba Inu Decline
The Shiba Inu cryptocurrency (SHIB) is showing signs of a downward trend as it pulls back from a crucial resistance point. A notable trader has initiated a five-times leveraged short position on SHIB,...
CZ Returns with Big Plans: Receives Dubai’s Warm Welcome
Binance founder Changpeng Zhao (CZ) disclosed at the Binance Blockchain Week in Dubai that he was the “poorest” inmate as he had just $200 in his account. He also spoke about his new educational plat...
AAVE Investor Faces $222,000 Loss from Panic Selling Amid Volatile Market Conditions
A significant panic sale by a millionaire crypto investor underscores the perils of emotional trading strategies in volatile markets. This incident highlights the critical importance of risk managemen...
BNB price unfazed as Binance burns 1.7M tokens
Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov. 1, Binance, the world’s largest cryptocurrency exchange in terms of trading volume, announced its ...
Anthropic Advocates for Targeted AI Regulation Amid Rapid Advancements
Iris Coleman Nov 01, 2024 08:46 Anthropic stresses the need for targeted AI regulation to harness benefits while mitigating risks, as AI capabilities grow rapidly. The company outlines its Responsible...
Satoshi Airlines Secures $75M Investment Commitment From GEM Digital
Satoshi Airlines, a HongKong-based innovative travel technology company focused on reshaping the future of crypto-enabled air travel, announced today that it has secured an investment commitment of $7...
IMX Dumps by Double Digits as SEC Sends Wells Notice to Immutable
The US Securities and Exchange Commission (SEC) has issued a “Wells Notice” to Immutable, a blockchain gaming platform. It joins a list of prominent Web3 companies targeted by the agency’s regulation-...
3 Reasons Why Sui Price Will ‘Continue To Rip’ In November
As November rolls in, Sui price shows no signs of slowing down. The price of SUI is on a short pullback after the entire crypto market hit a snag following the U.S. Stock market crash late October 31....
Franklin Templeton Integrates Tokenized Fund on Base
Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethe...
Dutch Regulator Fines Bybit $2.45M for Registration Violations
TLDR Dutch Central Bank fines Bybit $2.45M for unregistered operations Violation centered on AML and counter-terrorism financing requirements Fine must be addressed by mid-December 2024 Bybit operated...
BIS ‘Graduates Out’ of Project mBridge as BRICS Ties Stir Sanctions Speculation
BIS’s exit from Project mBridge shifts focus to Project Agora, maintaining a more traditional approach to cross-border finance. BIS clarifies that mBridge is not intended as a tool for BRICS sanctions...
What Are the Top Trending Altcoins Today? November 1
As November begins, many crypto investors are optimistic that the month will bring positive developments. Given this sentiment, it’s crucial to monitor the top trending altcoins in the market. Accordi...
growing interest in the sector
The report from the crypto-exchange BITmarkets analyzed the community, providing data on the behaviors of women and men. In particular, it emerged that women in crypto are still less likely to be hold...
Solana DeFi Growing, Daily Users Approaching 7 Million: Will SOL Crack $200?
Solana is one of the top networks, commanding a market cap of over $81 billion, according to CoinMarketCap data. Even as crypto prices rise and sentiment improves, SOL has struggled for momentum. Sola...
Arthur Hayes Backs Memecoin SCF: Price Tanks
BitMEX co-founder Arthur Hayes announced support for Smoking Chicken Fish (SCF). SCF crashed a massive 5.33% in the past 24 hours. SCF is down 63.19% from the ATH which was witnessed not long ago at ...
TON Network Implements Critical Infrastructure Updates in 2024.10 Release
TLDR TON blockchain released update v2024.10 and FunC 0.4.5 Update fixes critical vulnerabilities and improves network performance Enhanced synchronization speed and reduced network traffic implemente...
Why Bulls Are Losing Grip
SUI, the native token of the Layer-1 Move-programmed Sui blockchain, is facing heightened selloff pressure. The recent drop has pushed SUI’s price to $1.92, marking a 5% decline in the past 24 hours. ...
Anchorage Digital Boosts ENA Holdings Significantly
Anchorage Digital, a prominent platform for institutional cryptocurrency banking, has recently conducted a major transaction involving Binance, one of the largest cryptocurrency exchanges. The firm wi...
Tether sets new profit records in the third quarter of 2024
In the third quarter of 2024, Tether achieved record profits of 7.7 billion dollars, a rapidly growing reserve buffer, and a circulation of USD₮ nearing 120 billion, confirming its financial solidity....
Solana Whales Keep Eye on New Perspective Memecoin Catzilla (CATZ) — Can It Outdo Kaspa and Toncoin in Price Rallly?
Big investors are noticing a new memecoin called Catzilla (CATZ). It’s gaining attention in the crypto world. There’s buzz about whether it can surpass the recent gains of Kaspa and Toncoin. Could Cat...
OPSEC crashes over 78% after devs fail to deliver OPSEC V2 upgrade
OPSEC, fell by over 78% on Oct. 31 after the AI-powered cloud security platform failed to deliver its OPSEC V2 update scheduled for October. At press time, OPSEC was exchanging hands at $0.005141 as ...
GalaChain Unveils Ambitious Decentralization Roadmap
Caroline Bishop Nov 01, 2024 08:01 GalaChain is set to transform into a decentralized platform through a four-phase roadmap, enhancing scalability and inviting developers from various industries. Gala...
Further Pullback or Recovery Coming Next?
TL;DR A major increase in Shiba Inu’s burn rate and rising transactions on Shibarium hint at potential upward price movement for the meme coin. One analyst notes a bullish flag pattern, suggesting SHI...
Nexo Gets A Fresh New Look To Drive The Next Gen Of Wealth
Advertisement     Nexo is proud to announce the rebranding and redesign of its platform to become the first comprehensive and compliant digital assets wealth platform. The revamp was r...
Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, an...
Immutable Responds to the SEC’s Wells Notice Allegations
Immutable responded to the SEC’s Wells Notice explaining its internal communications with the regulator. The SEC has filed lawsuits against several cryptocurrency firms in the last few months. In the...
Will U.S. Economic Data Shift Market Trends?
Today at 15:30 Turkey time, three pivotal economic indicators from the United States are set to be released, drawing significant attention from global markets, including the cryptocurrency sector. The...
Immutable and SEC Clash Over IMX Token’s Securities Status
Immutable receives a Wells Notice from the SEC over allegations that IMX tokens are securities. OpenSea, also under SEC scrutiny, defends NFTs as non-securities, dedicating $5M for legal defense. Reno...
XRP Lawsuit News: Ripple Must Consider “Alternative Resolution”
The ongoing XRP lawsuit has taken a new turn as a US court urges Ripple Labs, its CEO Brad Garlinghouse, and XRP II LLC to consider an alternative resolution. This court order highlights the complexit...