Crypto News
Ethereum Layer-2 Linea Reveals Token Plans, Taps SharpLink and Others for Distribution
A LINEA token is coming for Ethereum layer-2 network Linea, with builders promising strong alignment with ETH and the ecosystem.Source link
Latam Insights Encore: Brazil Must Reject Blanket Taxation for the Crypto Industry to Survive
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian Congress must fight to block Lula’s blanket crypto taxation for the decentralized part of the crypto ecosystem to continue thriving. Latam Insights Encore: Brazilian Congress Must Reject Lula’sSource link
CoinDCX Founder Denies Coinbase Acquisition Talks Following $44 Million Hack
The exchange's CEO Sumit Gupta stated that CoinDCX is "not up for sale," amid talk of a Coinbase acquisition deal.Source link
ARK Invest Buys the Dip on Ether Strategy Firm BitMine With $18.6M Purchase
ARK Invest bought $18.6 million worth of shares in ether treasury firm BitMine Immersion Technologies (BMNR).Cathie Wood's investment firm added a total of 529,366 BMNR shares to its Innovation (ARKK) and Next Generations Internet (ARKW) exchange-traded funds (ETFs) on Monday, according to an email notification.BMNR fell more than 11.8% to $35.11 and is now down some 74% since spiking to $135 early this month.BitMine has positioned itself as one of the largest corporate accumulators of ether in recent months, amassing more than 300,000 ETH worth over $1 billion.Numerous companies have adopted a strategy of building an Ethereum treasury, copying the playbook of Michael Saylor's Strategy (MSTR) with bitcoin.Among other factors, this has helped ignite a breakout in ETH's price, which...
Rakbank Partners Bitpanda to Launch Crypto Brokerage Service for Retail Customers in the UAE
Rakbank has launched a crypto brokerage service through its mobile app, becoming the first conventional bank in the United Arab Emirates (UAE) to offer crypto trading for retail customers. This new service allows Rakbank customers to buy, sell, and swap cryptocurrencies via Bitpanda’s trading platform, with all transactions conducted in AED to eliminate foreign currencySource link