Hong Kong proposes tax breaks to attract crypto hedge funds, investors
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness.
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Ripple vs. SEC: Could newly released documents tip the balance?
The ongoing case of the Securities and Exchange Commission v Ripple Labs could have a significant impact on the future of cryptocurrency regulations. Ripple first popped up in 2012 with the promise of providing financial institutions and other entities with faster, more affordable clearance of cross-border fund transfers. To that end, Ripple created the XRP Ledger…

Cardano to Undergo Network Upgrade in Preparation for Shelley
The Cardano (ADA) network will perform a scheduled upgrade on Feb. 20 to introduce Ouroboros BFT, an improved consensus mechanism. The update is an intermediate step between the current Byron era and Shelley, which will introduce staking on mainnet.Announced by IOHK on Feb. 19, the upgrade will be executed on Thursday at 9:44 PM UTC,…

Canada flags concern on AI-generated deepfake disinformation campaigns
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises. 141 Total views 9 Total shares The Canadian Security Intelligence Service (CSIS), Canada’s primary national intelligence agency, raised concerns about the disinformation campaigns conducted across the internet using artificial intelligence (AI) deepfakes.Canada sees the growing “realism of deepfakes”

‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
The Optimism-Dai Bridge will allow fast withdrawals later this year. 3193 Total views 13 Total shares The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some speed and fee enhancements with its forthcoming upgrade on layer-two.Ethereum scaling solutions provider Optimism will provide the technology as announced on the MakerDAO forum on March 9.…

Binance Users Can Now Buy Four Cryptos with Visa Credit and Debit Cards
Major global cryptocurrency exchange Binance now allows users to buy crypto directly through Visa credit and debit cards.In a Dec. 26 announcement, Binance said that its users are able to directly purchase four cryptocurrencies after binding their accounts to Visa cards issued within the European Economic Area.Binance users can buy four cryptocurrencies with euros or…

SEC’s crypto actions dropped by 30% in Gensler’s final year
Cornerstone Research says the US Securities and Exchange Commission launched 33 crypto-related lawsuits last year, down from 47 in 2023.

‘Don’t Leave Your Coins In Exchanges,’ Says Crypto Entrepreneur Who Lost All His Assets
Speaking today at BlockShow Asia 2019, Genesis Block HK co-founder Clement Ip shared a negative personal experience during a panel on how Asian trading firms make profits. His company is a blockchain venture capital firm, crypto quant hedge fund, and mining company focused on investing in blockchain projects.Sharing the stage with two other speakers —…

Unlocking value: Exploring the integration of NFTs and physical assets
NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis