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Search Results for: US treasury

BlackRock Choose Coinbase for Tokenized Fund Infrastructure

Coinbase, a leading crypto exchange, has been selected as a crucial infrastructure provider for BlackRock’s latest tokenized investment fund, according to announcements made by the exchange.  We are excited to announce that Coinbase has been chosen as a key infrastructure provider for @BlackRock and @Securitize Tokenized Investment Fund. — Coinbase

March 21, 2024 1 min read

COTI Announces Significant $10 Million COTI V2 Airdrop Campaign

The leader in Web3 infrastructure, COTI, is thrilled to announce a major community rewards program. For its Native and ERC-20 $COTI holders, the platform will airdrop up to 40 million COTI V2 tokens, which are presently valued at almost $10 million.  There is a substantial and enthusiastic community of advocates

March 18, 2024 3 mins read

El Salvador Vaults $400 Million in Bitcoin: A Landmark Move?

The Central American nation of El Salvador, led by President Nayib Bukele, has ramped up its cryptocurrency reserves by transferring a staggering $400 million worth of Bitcoin (BTC) into a cold wallet. This significant maneuver, described by Bukele as “a big chunk,” marks a notable milestone in the country’s ongoing

March 16, 2024 2 mins read

Dogecoin20 Meme Coin Launches ICO and Raises $200K Within Hours

London, United Kingdom, March 15th, 2024, Chainwire Dogecoin20 has emerged as a new meme coin, raising over $200K in its open hours of presale. As a revolutionary and distinctive Dogecoin alternative, the new crypto pays homage to the OG meme coin while venturing into uncharted territories. Currently, the Dogecoin presale

March 15, 2024 4 mins read

El Salvador Drops Income Taxes on Foreign Investments

President Nayib Bukele of bitcoin-friendly El Salvador has done away with income taxes on foreign investments entering the country. Bukele stated in a post on X: “Congress has reformed our income tax law, for international investments and money transfers, dropping the rate from 30% to 0%,”  Since September 2021, when

March 13, 2024 2 mins read

U.S President Proposes 30% Tax on Crypto Mining Power in 2025 Budget

In his proposed budget for the year 2025, Joe Biden, the president of the United States, has brought back the concept of a 30% tax on the power used by cryptocurrency miners. As stated in the U.S. Department of the Treasury paper “General Explanations of the Administration’s Fiscal Year 2025

March 12, 2024 2 mins read

BlackRock’s Bitcoin ETF Surpasses MicroStrategy’s Holdings

MicroStrategy’s Bitcoin holdings have been surpassed by BlackRock’s spot Bitcoin exchange-traded fund (ETF). As of March 8, around 40 trading sessions after the approval of nine new funds by the U.S SEC on January 10, data collected by BitMEX Research indicates that BlackRock’s IBIT possesses 197,943 Bitcoin, with a value

March 10, 2024 1 min read

Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed

March 8, 2024 3 mins read

Top 2 Undervalued Crypto Coins That Will Explode in 2024

In the ever-evolving landscape of cryptocurrency, identifying undervalued assets with explosive potential is akin to discovering hidden treasure. As the crypto market continues to mature and diversify, investors are constantly on the lookout for promising projects that have yet to receive the recognition they deserve. In this article, we shine

February 29, 2024 5 mins read