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Indian National Sentenced to 5 Years for $20M Coinbase Fraud

Indian National Sentenced to 5 Years for $20M Coinbase Fraud

Chirag Tomar, a 31-year-old Indian citizen, was sentenced to five years in federal prison for orchestrating a cryptocurrency fraud scheme
Kraken launches kBTC as competition heats up in wrapped Bitcoin market

Kraken launches kBTC as competition heats up in wrapped Bitcoin

Kraken has introduced a new wrapped Bitcoin product, kBTC, to tap into the rapidly expanding sector, according to an Oct.
BTC Flirts With $68K Amid ETF Inflows

BTC Flirts With $68K Amid ETF Inflows

Bitcoin made another attempt to establish a foothold above $68,000 early in the European morning before pulling back and trading
Italy's Move to Increase Bitcoin Tax to 42% Follows Global Regulatory Trends

Italy's Move to Increase Bitcoin Tax to 42% Follows Global

Italy plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the
‘Political shift’ drives $407M inflows to crypto products — CoinShares

‘Political shift’ drives $407M inflows to crypto products — CoinShares

According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary
Coinbase Enables Bitcoin Transactions to Taproot Addresses

Coinbase Enables Bitcoin Transactions to Taproot Addresses

Coinbase has announced a significant update for its users, enabling them to send Bitcoin to Taproot addresses on October 8th.
Ethereum staking defies market trends with robust growth in 2024

Ethereum staking defies market trends with robust growth in 2024

Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset’s price
Bitcoin Price (BTC) Underperforms Gold When Adjusted for Risk: Goldman Sachs

Bitcoin Price (BTC) Underperforms Gold When Adjusted for Risk: Goldman

In fact, Ethereum’s native token ether, Japan’s TOPIX index, and the S&P GSCI Energy Index are the only non-fixed income
Executive Moves of the Week

Executive Moves of the Week

This week, the number of executive appointments, promotions, and exits across various financial sectors significantly increased. Scope Prime onboarded industry
Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo

Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo

The tech is still experimental, but its implications could change how users view reality. Source link