Nasdaq-listed Nano Labs Ltd is making a massive bet on Binance coin (BNB) and has unveiled plans to acquire the token through convertible notes and private placements. According to a press release dated June 24, China-based Web3 infrastructure provider Nano Labs has set its sights on acquiring up to $1 billion worth of BNB (BNB)…
Bitcoin managed to reclaim its previous spot above $105,000 following a miraculous rebound as tensions cool between Israel and Iran after the U.S. ushers in a ceasefire. According to data from crypto.news, BTC (BTC) experienced a price surge following news of a ceasefire between Israel and Iran. The largest cryptocurrency by market cap almost touched…
Turkey’s Ministry of Treasury and Finance is rolling out new regulations to strengthen oversight of crypto transactions. Turkey’s Ministry of Treasury and Finance is stepping up efforts to combat money laundering through crypto. According to information obtained by Anadolu Agency, new regulations will soon be implemented to tighten oversight of crypto asset transactions. Specifically, Crypto…
Texas has passed a law granting law enforcement the authority to seize digital assets, with the measure set to take effect on Sept. 1. On June 20, Texas lawmakers passed Senate Bill 1498, a bipartisan law that gives law enforcement the power to seize digital assets like Bitcoin (BTC), NFTs, stablecoins, and other cryptocurrency tied to…
Crypto market recovered as Bitcoin reclaimed the $100k level, following reports of a potential truce between Israel and Iran that may bring an end to the recent ongoing hostilities between the two nations. On Monday, U.S. President Donald Trump announced that both nations have agreed to a full truce, which he said will bring an…
The Smarter Web Company has invested more than £15 million to buy more Bitcoin amidst the recent price rebound fueled by the U.S. intercepting Iran’s retaliation, surpassing more than $105,000. In a recent announcement, the London-based technology firm’s recent purchase has brought the grand total up to 543.52 BTC (BTC). Its Bitcoin treasury is currently…
A recent ruling in a criminal court case classified crypto assets as money, which goes against the long-held crypto tax Australian office that counts crypto as capital gains. A court decision involving a federal police officer who allegedly stole 81.6 BTC in 2019 has resurfaced as more traders are contesting how cryptocurrency should be taxed…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For over a decade, blockchain developers have pursued one primary metric of performance: speed. Transactions per second (TPS) became the industry’s benchmark for technological advancement, as networks raced to outpace traditional financial…
DeFi Development Corp. is bringing its Nasdaq-listed stock onchain, becoming the first U.S. public company to tokenize equity under a crypto treasury strategy. The announcement was made in a June 24 press release, detailing a partnership with Kraken and blockchain tokenization firm Backed. The Nasdaq-listed firm, which trades under the ticker DFDV, will become the…
SEI crypto stood as one of the top-performing crypto assets today amid market-wide recovery, as its DeFi TVL approached new highs. According to data from crypto.news, Sei (SEI) token rallied by 33 % to $0.268 on June 24, its highest level since May 12, and is now up more than 90% from its April low. …
