Following the surged adoption of digital assets and gains from cryptocurrency, several nations have set up tax slaps to impose taxes on gains from these investments. 

It is worth noting that capital gain taxes on crypto have become one of the most tax-emitting sectors compared to others. It has been reported that individuals are leveraging new tactics to avoid paying taxes to the nation’s government. 

In a recent development, a regulator of the United States has reported that a Bitcoin investo

The lawyer Kevin Kneupper revealed that we believe this judgment sets a horrific precedent for everyone in the crypto world. 

The lawsuit looks for damages going over $1 billion and incorporates demands for preventing relief to safeguard them against further harm. 

On November 19, Coinbase announced the delisting of the token, quoting hidden failures to meet its standards for listing tokens.

BiT Global Digital Limited has sued Coinbase, a crypto exchange for more than $1 billion accusing that

The new legislative session will heavily give attention to refining these areas. Adding more to the crypto legislation, French Hill has made a commitment to probe Operation Chokepoint 2.0. 

Hill has shown concern for politically prompted debanking measures, which he thinks threaten legal businesses. 

The election as chair will carry on the focus of the committee on these aspects, making sure the regulatory clarity as well as crypto growth.

French Hill, a U.S. representative has now been offic

The chief economic advisor of India wants regulators to promote revolution in the cryptocurrency sector at the time of upholding transparency and accountability.

Moving forward, he highlighted the significance of transparency mentioning that regulators should not be afraid of sharing information and ensuring their actions line up with the societal goals.

The policy paper clarifying crypto’s standing is continuously been delayed as the country has changed its resources towards making and testin

Many DeFi market users have so far kept an eye on the wallet because of its features and booming crypto presale.

As Ethereum is leading the sector, the increasing interest from investors in adding it to their crypto wallet or portfolio is probably boosting its value.

Some situational factors also play a significant role in the growing adoption of Layer-2 networks in the crypto space. 

The upward trajectory followed by Ethereum is making headlines but now the focus has shifted to 1Fuel, a cryp

CF was also claimed to not meet the leadership level and often played down the projects where they had restricted controls.

Other major issues constitute control effort on the Project catalyst and the absence of vision to take Cardano a step forward.  

Charles Hoskinson also revealed unpredictability on whether the Cardano Foundation will vote yes to the Constitution. Along with this, he accepted that many people working within the organization do not like him. 

The Cardano Foundation is once

In the lawsuit, the shareholders claimed that the GPU sales of Nvidia were boosted by selling to crypto miners, highlighting a point in time when sales tumbled.

The agencies threw light on the case of investors, which apparently consists of evidence such as statements from ex-Nvidia officials and a Bank of Canada.

 On November 11, the Supreme Court heard the arguments for the case and after that, it dismissed the lawsuit.

Nvidia has recently faced a lawsuit with claims that it misled investor

The security of Bitcoin is still robust against these developments as it depends on the hashing algorithm and elliptic curve cryptography.

However, the same cannot be the same for the coins from the Satoshi era. 

The Bitcoin coins from the Nakamoto era used the Pay-to-Public key (P2PK) format. Different from today’s format, P2PK reveals the public key, exposing it to quantum attackers.  

On December 10, a debate was ignited by the founder of Avalanche as he posted on X advising to freeze 1 mi

When Hurricane Helene struck North Carolina two months ago, the devastation was overwhelming. Over 230 people lost their lives and damages exceeded $53 billion, leaving thousands cut off from communication with the outside world. Amidst this crisis, World Mobile, a blockchain-powered telecoms disruptor, provided a lifeline with its decentralized connectivity solutions to people affected by the crisis.

How Blockchain Delivered Lifesaving Connectivity After HurricaneHelene #CryptoDaily w/@WorldMo

RBI is leading among those central banks. It is also one of those central banks that have introduced a pilot CBDC project.

The governor further went on to add, “As I can witness, CBDC keeps an immense potential in the near future. Also, it is the future of currency.”

A prominent media outlet, Bloomberg also reported that India was looking for the use of CBDCs as its primary transaction mechanism for the payments platform.

Shaktikanta Das, the governor of the Reserve Bank of India (RBI) has re

The sudden spike in the wider cryptocurrency market capitalization has lured millions of new investors and hundreds of billions in fresh funding, but it is also true that scammers and fraudsters have also explored many opportunities resulting in severe losses. 

Most recently Scam Sniffer, a blockchain security firm, has argued that bad actors seem to be combining social engineering and phony telegram verification bots that deploy malware in the systems to wipe out holdings from the wallets. 

I

The acceptance by NYDFS was a major step in the launch of RLUSD. It makes sure that the stablecoin obliges to regulatory standards.

 At the same time, the officials of Ripple have so far highlighted the significance of using its current blockchain products to back RLUSD’s functionality and help it boost. 

To a certain degree, Ripple has so far protected various exchange partners for RLUSD. This broad range of partners will help to make sure that RLUSD has access to a wide range of users. 

Rip

The CEO accepted the fact that despite Goldman Sachs exploring the market of digital assets, it couldn’t involve itself completely because of some legal factors.

The CEO also mentioned that the bank is cautious about transforming the legal environment even as he passed those statements.

If the legal factors change, the company will directly be involved in Bitcoin and Ethereum. Also, Goldman Sachs has so far made infrastructure revolving around digital assets. 

The chief executive officer of G

The skyrocketing price of Bitcoin and a few other cryptocurrencies has opened several paths for individual and institutional investors to accumulate more holdings in digital assets and profit from them in the future. 

On December 11, 2024, a blockchain intelligence firm, Arkham Intelligence, reported that Riot Blockchain, the leading digital asset miner, had bought Bitcoin worth $68.45 million. 

Additional information notes that the purchase came following Bitcoin’s recent All-time high above

The trader has also liquidated around 3.03 trillion PEPE, registering a total of $27.5 million in profits. 

Regardless of these sales, the wallet still keeps 1.88 trillion tokens estimated at about $45.66 million, at the time of writing. 

A sole whale, likely managing nine wallets, shifted around $13.8 million in DAI to buy 555 billion PEPE tokens in only two hours.

A crypto trader has managed to safeguard substantial returns with Pepe regardless of the continuing depression attacking the wid

On December 9, the daily trading volume of IBIT also went up to $3 billion showing robust demand for the investment product coming from different institutional players. 

Bitcoin ETFs have cumulatively gone over the holdings of Satoshi Nakamoto, the pseudonymous person who developed Bitcoin.  

In the near future, the Federal Reserve of the United States will probably announce another 25-basis interest rate cut. Also, it is all based on the US CPI numbers and inflation data coming this week. 

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At the beginning of the fourth quarter of this year, there were around 109 million users having USDT in on-chain wallets. 

On December 9, a report by Tether revealed that an overall 165 million or over holds the stablecoin on-chain.

At the time of writing, the market capitalization of USDT stood at more than $137 billion, which is more than three times the nearest challenger USDC. 

Tether has recently revealed that out of the millions of on-chain wallets that had collected the USDT stablecoin

Willow is the second major achievement attained by the company which will exponentially reduce errors as it is intensified by using more qubits.

The quantum computing roadmap reveals the company has only attained milestone two of six, which it attained in 2023.

 If there are more errors, then the computation will not be that reliable and give incorrect results, which makes it difficult to boost the technology to practical, large-scale use. 

The Quantum AI team of Google has now introduced its

In the current scenario, PEPE has registered an increase of 27.3% in the last week. This clearly shows that the immense sell off has not affected the token. 

Investors kept an eye on Pepe since the day it got featured on an American News channel, Fox News.

Additionally, the data from Coinglass reveals that the Open Interest of Pepe reached a new high of $370.8 million, showing a 9% increase in the last 24 hours.

Pepe, a famous memecoin went through a robust whale selloff on December 8. Howeve

The co-founder has urged the U.S. government to buy more Bitcoin instead of gold. As per the belief of Saylor, Bitcoin will surely rise to trillions of dollars. 

As per the predictions, Saylor will continue to purchase Bitcoin every week and request more investors as well as institutions to put their money in Bitcoin.

The vision of Trump as well as Saylor is mainly influenced by the utility and use cases of Bitcoin against inflation. Their step has also influenced many institutions and countri