a16z to close London office to focus on U.S. crypto market: report
Andreessen Horowitz, the Silicon Valley-based venture capital giant, is planning a pullback from the crypto investing market in the United Kingdom, the Financial Times has reported. Per the report, the crypto arm a16z is closing its London office, with the move set to see the venture capital firm refocus on the crypto investing market in […]
MicroStrategy may owe taxes on $19B unrealized Bitcoin gains: report
MicroStrategy’s Bitcoin portfolio has an unrealized gain of over $19.3 billion at press time. Source link
Coinbase Rolled Out the Newest State of Crypto Report
Coinbase rolled out the newest State of Crypto report. The study was conducted by Ipsos. It observes how crypto and blockchain technology are viewed in Argentina, Kenya, the Philippines, and Switzerland and how it impacts the lives of people in these countries. For most of the part, the study is based on surveys with 4,000 […]
Ledger co-founder David Balland released after kidnapping: report
David Balland, a co-founder of the cryptocurrency hardware wallet manufacturer Ledger, has been released after being kidnapped from his home in France. According to Bloomberg, Balland was kidnapped on Tuesday morning and freed Wednesday night following a police operation, as confirmed by the Paris prosecutor’s office. The kidnappers reportedly demanded ransom in cryptocurrency, though authorities […]
Ledger co-founder released after days in captivity in France: Report
Ledger co-founder David Balland was kidnapped in France and safely released after police intervention. The incident involved a cryptocurrency ransom demand. Source link
Kenya mulls local office mandate for crypto providers: report
Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight of the country’s fast-growing virtual asset industry, Bloomberg has learned, citing a draft law on […]
South Korea arrests six Chinese suspects over alleged $690k Tether heist: report
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won (nearly $690,000) during Tether (USDT) transaction at a hotel on Jan. 16, Maeil Business Newspaper […]
Ted Cruz to challenge IRS crypto rule: report
Senator Ted Cruz of Texas is preparing to challenge a newly finalized IRS cryptocurrency regulation using the Congressional Review Act The rule requires decentralized cryptocurrency exchanges to collect customer information, including names and addresses, and issue tax forms to users. This has sparked backlash from the crypto industry, according to an Axios report. Cruz’s move, […]
Trump open to adding XRP, Solana to U.S. crypto reserve: report
President-elect Donald Trump is reportedly considering an “America-first” crypto reserve strategy that prioritizes digital assets founded in the U.S., according to the New York Post. Coins such as Solana (SOL), USD Coin (USDC), and Ripple (XRP) are being discussed as potential inclusions. Trump has recently met with the founders of these projects and is said […]
Trump plans executive order making crypto a national priority: Report
The executive order would instruct regulatory agencies to work with the industry and create a crypto council to represent the industry, according to people familiar with the plans. Source link
