News
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Ukraine will legalize crypto in the first quarter of 2025
Cryptocurrency will finally go legit in Ukraine in the first quarter of 2025. But before anyone gets starry-eyed, here’s the catch: tax exemptions are off the table. Profits will face the same treatment as securities, with taxes applied only when crypto assets are converted into cold, hard fiat. This revelation came straight from Danylo Hetmantsev, […]Cryptopolitan
Thu, Dec 12
Sony eyes acquisition of FromSoftware parent Kadokawa, industry speculates impact
Sony is reportedly considering buying out FromSoftware’s parent company, Kadokawa. The multinational entertainment company is considering the acquisition as a means to further bolster its extensive portfolio. Kodokawa’s acquisition is expected to dramatically affect both the gaming and anime industries.Cryptopolitan
Thu, Dec 12
Trump’s crypto venture WLFI is not as shady as it looks. Or is it?
President Donald Trump’s crypto company, World Liberty Financial Inc. (WLFI), launched just two months before the election, and it has been a source of controversy from the get-go. Partnering with Steve Witkoff, a billionaire real estate developer now turned Middle East envoy, the venture is grabbing attention for all the wrong reasons. The duo’s collaboration […]Cryptopolitan
Thu, Dec 12
AMP invests $27M in Bitcoin for the first time
Australia’s largest super fund, AMP, has invested $27 million of its portfolio in Bitcoin, making it the first major fund to venture into the cryptocurrency market. AMP’s decision to enter into the digital asset sector comes despite the critical view from many quarters. One of the skeptics is Reserve Bank of Australia’s (RBA) Governor Michele […]Cryptopolitan
Thu, Dec 12
The chance of a 25 bps interest rate cut at the next FOMC meeting is 98.6%
The CME FedWatch tool showed a 98.6% chance that the FOMC would recommend a 25 bps interest rate cut at the upcoming two-day December meeting. Chances of a rate cut continued to rise despite November’s high inflation report.Cryptopolitan
Thu, Dec 12
US banks hesitant despite Trump’s pro-crypto stance
US bankers are reportedly adopting a cautious stance on crypto assets despite high expectations of pro-crypto rules under President-elect Donald Trump. Key crypto leaders may already be all-in for bullish reactions to regulation clarity but banks aren’t rushing in yet. Trump, who emerged as the “Crypto President,” has promised to end the Biden administration’s crackdown […]Cryptopolitan
Thu, Dec 12
Dogecoin network exploited by hackers – crashes 69% of nodes
A significant vulnerability in the Dogecoin network was exploited on December 12. The attack caused 69% of its active nodes to crash. The breach has raised questions about the security of the cryptocurrency’s infrastructure and its resilience to potential future attacks. Andreas Kohl, co-founder of Bitcoin sidechain Sequentia, revealed he was responsible for the hack […]Cryptopolitan
Thu, Dec 12
Crypto and stocks are up in Asia after US inflation data
Asian stock and crypto markets have rallied in the last 24 hours, sparked by optimism following the latest US inflation report supporting expectations of a Federal Reserve rate cut. Gains in the region extended a positive trend set by Wall Street, with tech stocks leading the charge. According to recent news, November US inflation was […]Cryptopolitan
Thu, Dec 12
Russia taps BRICS partners for collaborative AI development projects
Russia is pushing for a major comeback in the global tech race, leaning on its BRICS+ partners to build a united front in artificial intelligence (AI) development. President Vladimir Putin, speaking at Moscow’s flagship AI conference, announced the formation of the AI Alliance Network. The initiative will connect national AI associations and development institutions from […]Cryptopolitan
Thu, Dec 12
Dogecoin Price Nudges At Important December 30th Date As DOGE/BTC Chart Aligns Perfectly With Previous Cycle
Crypto analyst Master Kenobi has provided an update on the Dogecoin price action in comparison to the 2021 bull run. The analyst revealed that the DOGE/BTC chart has aligned with tBitcoinist
Thu, Dec 12
OpenAI goes dark after Apple update combines Siri and ChatGPT
OpenAI recorded yet another major service disruption on Thursday. ChatGPT experienced an outage just hours after OpenAI announced its integration with iPhone, iPad, and Mac, rendering the service inaccessible worldwide. ChatGPT went down globally around 11:07 p.m. UTC on December 11. The outage also impacted the OpenAI API and Sora services. Users attempting to log […]Cryptopolitan
Thu, Dec 12
