Tue, January 7

First US Crypto Tax Evader Sentenced to 2 Years in Prison

A Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for Crypto tax evasion. This is the first ever criminal prosecution centred entirely on cryptocurrency. Texas Man Sentenced for $3.7 Million (Bitcoin) Crypto Tax Evasion Ahlgren was convicted for falsely underreporting capital gains earned from

December 13, 2024 3 mins read

Societe Generale Revolutionizes the Repo Market with Bank of France Collaboration

Societe Generale has accomplished its first collateralized market transaction executed in collaboration with the Bank of France. It has employed the technological capabilities of Societe Generale’s blockchain subsidiary, SG-Forge.  Moreover, this transaction is the first-ever repo operation in digital securities involving a central bank of the Eurosystem. This demonstrates the

December 13, 2024 2 mins read

US Spot Bitcoin and Ethereum ETFs See $870M Daily Inflows

Spot Bitcoin and Ether ETFs recorded $870 million in daily inflows on Friday, demonstrating strong investor confidence. Bitcoin ETFs led the surge with $597.5 million, while Ether ETFs attracted $273.6 million, according to data from SoSoValue. The robust inflows coincided with Bitcoin struggling to breach the $102,000 resistance level. Grayscale’s

December 13, 2024 2 mins read

Will Trump’s World Liberty Financial Continue Buying LINK and AAVE?

Aave and Chainlink emerged as the top cryptocurrency gainers on Thursday. The surge followed significant purchases by World Liberty Financial, a decentralized finance (DeFi) project linked to U.S. President-elect Donald Trump. AAVE led the market rally, climbing 19.24% in the past 24 hours to $361.60, its highest price since September

December 13, 2024 2 mins read

Trump Advisers Explore Restructuring Banking Regulators

Donald Trump’s transition team is reportedly examining the changes to the federal banking regulatory framework in collaboration with the recently established Department of Government Efficiency (DOGE). The proposals, which could reshape the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), have raised concerns. 

December 13, 2024 2 mins read

SEC Issues Settlement Demand to Elon Musk With 48-Hour Deadline

Elon Musk, the tech billionaire and owner of X (formerly Twitter), has found himself in the U.S. Securities and Exchange Commission (SEC) crosshairs. The agency, led by Chair Gary Gensler, has issued Musk a settlement demand, “warning of potential enforcement actions unless he agrees to a deal within 48 hours.”

December 13, 2024 2 mins read

DePIN WiFi Map’s 2024: A Year of Growth, Innovation, and Impact

As 2024 comes to a close, the world’s largest crowdsourcing DePIN platform WiFi Map celebrates an extraordinary year filled with remarkable milestones, community-driven achievements, and innovative advancements. From reaching new user engagement records to launching transformative features, WiFi Map solidifies its place as a leading decentralized platform for global connectivity.

December 13, 2024 6 mins read
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