News
Less than 2% of El Salvador’s population holds crypto: Report
According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country's ongoing pro-crypto initiatives. In spite of the continuous efforts by the government of El Salvador to promote widespread cryptocurrency adoption within the nation, a...
El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to...
Vivek slams Gary Gensler and ‘three-letter agencies’ during pres debate
Presidential candidate Vivek Ramaswamy has slammed Gary Gensler and the SEC at the Republican presidential debate. Presidential hopeful Vivek Ramaswamy came down hard on SEC chair Gary Gensler and other “three letter agencies” during the recent Republican presidential...
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
The SEC initially misled a court to freeze DEBT Box’s assets, which has since been reversed, and the firm cited the incident as grounds to dismiss the suit. DEBT Box and other defendants in a Securities and Exchange Commission lawsuit want the case tossed after the...
Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue
The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue. Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in...
Safe Wallet scammer steals $2M through ‘address poisoning’ in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week. A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from...
Bitcoin ETF race has a new player, Binance ends support for BUSD, and more: Hodler’s Digest: Nov. 26 – Dec. 2
Bitcoin ETF race has a new entrant, Binance is ending support for the BUSD stablecoin, and ChatGPT’s first year in review. Top Stories This WeekBitcoin ETF race gets 13th entrant, BlackRock revises ETF modelAsset manager Pando Asset has become an unexpected late...
The SEC is facing another defeat in its recycled lawsuit against Kraken
The Securities and Exchange Commission is suing Kraken for selling cryptocurrencies, but it looks like a recycled version of a losing lawsuit. The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency...
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November. Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being...
Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’
The billionaire X (Twitter) owner lashed out at advertisers who are ditching the platform due to his controversial posts. Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference...