Israel has reportedly lost billions of shekels in potential tax revenue from cryptocurrencies, according to a report published today by the State Comptroller and Ombudsman. The audit highlights severe lapses in the nation’s approach to taxing digital currencies, revealing an estimated annual revenue loss of NIS 2 to 3 billion
The global crypto market turned bullish in Asian trading hours as Bitcoin (BTC) hit a new all-time high of around $75,011.06, which the cryptocurrency recorded an hour ago. This new turn has sparked optimism and led to a positive note for the altcoins. Among them, Solana (SOL) has surpassed Binance
The cryptocurrency market has become a spur of activity as Bitcoin hits a new milestone in ATH. The digital asset surged to the $75K level coinciding with market expectations and much to the joy of investors. US electoral events that influenced BTC price have been causing quite a frenzy instigating
BNB is facing a challenging moment, with a recent price forecast pointing towards a drop to $534.3. But SUI is on an upward climb, having surpassed $2 after a 342% surge over the last three months. While BNB and SUI navigate the typical market fluctuations, BlockDAG (BDAG) is transforming the
Campinas, Brazil, 5th November 2024, Chainwire
Months after the Terra Luna collapse in Q2 2022, the pace of crypto fundraising slowed, falling below $3 billion—a level it has yet to regain. October 2024, however, marked a bullish trend by reaching a 28-month peak with $2.45 billion in total fundraising. According to CryptoRank, total fundraising last month
In October 2024, the crypto industry witnessed losses of $129.6 million, driven by various security incidents, including exit scams, flash loan attacks, and significant exploits. According to CertiK, a blockchain security firm, exit scams accounted for $1.2 million, flash loan attacks led to $1.5 million in losses, and a staggering
A group of major players in the fintech and crypto world—Robinhood, Kraken, Galaxy Digital, and Paxos—have launched a new stablecoin, the Global Dollar (USDG), pegged to the US dollar and aimed at boosting accessibility and rewarding community engagement. [1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) —
In recent weeks, Binance Coin (BNB) and Sui Network (SUI) investors have faced losses, leading many to buy into IntelMarkets (INTL), a new AI-driven crypto project attracting attention after raising over $2 million in its private presale. IntelMarkets is considered among the top altcoins to buy for those seeking to
Avalanche (AVAX), Ripple (XRP), and BlockDAG are picking up speed, offering thrilling opportunities as the market shifts. Currently trading at $28.80, Avalanche is poised to reach $111.5 by 2024, supported by favorable market trends and a robust $11 billion market cap. Meanwhile, Ripple is navigating an extended legal battle with
