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The company is set to vote on the matter on December 10.
Micro-cap coins that catch the zeitgeist could be some of the top crypto gainers this altcoin season.
Critics want to ditch existing system in favor of a 20% capital gains tax on crypto traders
Lawmaker connected rigs to a substation using clamps and a nearby electrical pole, say prosecutors
The proposed changes aim to reduce emphasis on ICOs, viewing them as just one of many ways to distribute digital assets.
Leading the surge was Upbit, South Korea's largest exchange, which processed $27.25 billion alone.
Ver's lawyers argued the IRS’ exit tax is unconstitutional and vague, accusing prosecutors of misconduct and ignoring exculpatory evidence.
Hydra reportedly facilitated over $5 billion in cryptocurrency transactions before its closure.
Technological Breakthroughs and the Power of Korean Investors
Cryptographic assets in the United States are gradually entering a centralized regulatory framework. The legalization of exchanges and financial products has promoted the standardization of the market, but it has also weakened the essential attributes of decentralized assets like Bitcoin. Through financial instruments such as ETFs, the price volatility of cryptocurrencies is gradually decreasing, but this also means that their original anonymity and decentralized characteristics are gradually disappearing.
- 18:10Sam Altman Hits Back at Meta’s Aggressive Poaching, Calls It “Distasteful”According to a report by Jinse Finance, Wired magazine revealed that OpenAI CEO Sam Altman has hit back at Meta’s recent aggressive poaching of AI talent. On Monday night, Altman issued a strongly worded response to OpenAI researchers, stating, “Meta’s approach feels somewhat distasteful.” Earlier that day, Meta CEO Mark Zuckerberg announced the formation of a new superintelligence team, which includes several former OpenAI staff. Altman commented, “Meta has indeed recruited some talented people, but overall, they haven’t secured the very best. I’ve lost count of how many times they’ve tried to make people here their chief scientist.” He also mentioned in his response that OpenAI is reviewing compensation for its entire research team.
- 17:12US SEC Approves Conversion of Grayscale Digital Large Cap Fund to ETFAccording to a report by Jinse Finance, the U.S. Securities and Exchange Commission (SEC) has approved an amendment to convert the Grayscale Digital Large Cap Fund into an ETF, covering BTC, ETH, XRP, SOL, and ADA. The Grayscale Digital Large Cap Fund is a mixed crypto fund comprising Bitcoin, Ethereum, Solana, XRP, and Avalanche, officially named the "Grayscale Digital Large Cap Fund" (ticker: GDLC), and is currently traded over the counter. The fund is primarily composed of BTC (nearly 75%) and ETH (about 19%), with the remainder made up of SOL, XRP, and AVAX.
- 16:51An exchange falls over 4.33% under the dual blow of a US Supreme Court ruling and Ark’s reductionAccording to ChainCatcher, market data shows that a certain exchange's stock once fell more than 4.33% during trading, and is currently down 3.79%. On Monday, Cathie Wood's Ark Invest sold 124,892 shares of the exchange, worth approximately $43.8 million. On June 30, the U.S. Supreme Court also rejected a request to protect the exchange's user data from review by the Internal Revenue Service.