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Home2024March

Month: March 2024

Ethereum Challenger Monad Labs in Talks to Raise $200 Million
Blockchain

Ethereum Challenger Monad Labs in Talks to Raise $200 Million

March 13, 2024 0

The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see […]

VolumeMute
Ethereum

ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital

March 13, 2024 0

The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval. Source link

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
Bitcoin

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report

March 13, 2024 0

Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes. Source link

Nigeria presses Binance for user data amid detention of executives in Abuja
Market Analysis

Nigeria presses Binance for user data amid detention of executives in Abuja

March 13, 2024 0

Nigeria demands Binance user data amid naira speculation. Binance executives detained in Abuja, diplomatic tensions rise. International response to detention adds complexity to conflict. As Nigeria grapples with economic challenges, including currency devaluation, it is […]

Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk
Regulation

Terraform Labs Allowed to Hire Law Firm Dentons In Bankruptcy Case by U.S. Court: Reuters

March 13, 2024 0

A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024. Source link

Amitoj Singh
Ethereum

Instant Settlement Needed to Compete With Crypto, India’s Markets Regulator Says

March 13, 2024 0

Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), announced plans to introduce faster settlements on Monday. India is planning to introduce a same-day settlement cycle from March 28 on an […]

Bitcoin ETF news
Bitcoin

Bitcoin ETFs See Record $1 Billion Inflows, Price Hits News ATH

March 13, 2024 0

Yesterday, the Bitcoin price journey resembled a high-intensity rollercoaster ride, initially soaring past the $73,000 mark before encountering a tumultuous liquidation event. This event saw over $361 million worth of leveraged trades unwound, compelling the […]

NFTs and the Law: US Agencies Declare No Need for New Regulations
Market Analysis

NFTs Do Not Require New Regulations, Says US Copyright Office

March 13, 2024 0

The recent joint study by the US Copyright Office and the US Patent and Trademark Office has concluded that the current legal framework adequately addresses the complex arena of non-fungible tokens (NFTs). Initiated by a […]

Sam Reynolds
Regulation

QCP Capital Highlights Ether Price Pressure as ETH Holds Steady Above $4K Pre-Dencun Upgrade

March 13, 2024 0

Historically, network upgrades like Bitcoin’s Taproot and the Ethereum merge have had minimal impact on pricing under bearish and sideways market conditions, but with current market dynamics, there could be price reflexivity on Ethereum and […]

Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs
Market Analysis

Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

March 13, 2024 0

Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm plans to allocate $200 million […]

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