Cryptocurrency
Digital Asset Treasuries Suffer -43% Returns Amid Crypto Market Rout
The average return of companies holding crypto in their balance sheets, commonly referred to as Digital Asset Treasuries (DAT), has fallen to -43% as the ongoing crypto market downturn significantly impacts these organizations. While larger corporations have weathered the...
Cryptocurrency
Bitcoin Price Stumbles at $92K: Are Bears Gaining the Upper Hand?
Bitcoin price struggled to stay above $92,000. BTC is now consolidating gains and might dip again if there is a clear move below $89,500.Bitcoin started a downside correction from the $92,500 zone.
The price is trading below $91,000 and the...
Cryptocurrency
OCC boss says ‘no justification’ to judge banks and crypto differently
Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the Comptroller of the Currency (OCC).Gould told a blockchain conference on Monday that...
Cryptocurrency
Canada Struggles to Track Crypto Taxes as $100M Recovered in Audits
The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers who use cryptoasset platforms are evading crypto taxes or are at high risk of non-compliance, the Canadian Press reported December 7.The news outlet said it received an emailed statement...
Cryptocurrency
New DePIN protocol rolls out ZK-proof processing marketplace
Zero-knowledge proof (ZK-proof) coprocessor Brevis launched its marketplace, allowing users to earn by computing ZK-proofs.According to a Monday Brevis announcement, the “ProverNet” decentralized physical infrastructure (DePIN) network allows applications to access ZK-proof proving capacity and computing providers to earn...
Cryptocurrency
Wisdomtree Launches Tokenized Equity Options Strategy Fund for Crypto-Native Investors
Financial innovator introduces digital fund offering institutional-grade options overlay strategy through blockchain-enabled investment platform. Wisdomtree announced the launch of its Equity Premium Income Digital Fund (EPXC), expanding its suite of tokenized assets for both retail and institutional investors. The...
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Portugal braced for mass disruption in first general strike for 12 years
Portugal is facing severe disruption to transport, flights, hospitals, schools and other public services on Thursday, as the two...