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Bitfinex hacker faces 5 years in jail; Will he flip again?
US prosecutors are reportedly pushing for a five-year prison sentence for Ilya Lichtenstein in the case linked to the massive $6 billion Bitfinex exchange hack and money-laundering conspiracy. It is also expected that the hacked exchange might qualify for restitution ahead. Lichtenstein pleaded guilty last year and is now expected to receive a longer sentence […]Cryptopolitan
Oct 16, 2024
Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH
Kraken Exchange has unlocked a new restaking feature on the exchange’s decentralized finance protocol, EigenLayer. The feature will offer additional yield-generating opportunities to Kraken investors and clients outside the U.S. jurisdiction.Cryptopolitan
Oct 16, 2024
El Salvador’s ‘cool dictator’ unbothered that 92% of population don’t use Bitcoin
A Rumbo País 2024 survey found that El Salvador’s President Nayib Bukele is still enjoying strong public support with an approval rating of 8.43. The survey comes after Bukele won the second term in March 2024. However, Bitcoin adoption in the country remains limited despite the president’s push. Is Bukele targeting to come in power […]Cryptopolitan
Oct 16, 2024
Italy set to hike Bitcoin capital gains tax from 26% to 42%
Italy is ramping up its tax on Bitcoin. The government plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the effort to fund election promises and tackle the country’s fiscal deficit. The plan was confirmed by Deputy Finance Minister Maurizio Leo, who called it necessary due […]Cryptopolitan
Oct 16, 2024
Global central banks break away from the Federal Reserve
The era of global central banks moving in lockstep with the Federal Reserve is over. For decades, the Fed dictated the world’s monetary policy. Its interest rate changes affected currencies, stock indices, and economies worldwide. If the Fed raised rates, everyone else had to follow, or their currencies would take a beating. But in today’s […]Cryptopolitan
Oct 16, 2024
Wall Street firms are embracing asset tokenization (RWA): Bloomberg Report
A Bloomberg report from October 16 discussed Wall Street companies' growing interest in tokenization. The report also outlined the reasons behind the surge and the opportunities Wall Street finds in real-world (RWA) tokenization.Cryptopolitan
Oct 16, 2024
Trump doubles down on tariffs plan and Federal Reserve hostile takeover
Donald Trump is pushing his aggressive economic agenda again, this time with full force. The former president is doubling down on his plans to slap heavy tariffs on foreign imports and countries who ditch the U.S. dollar.Cryptopolitan
Oct 16, 2024
Cosmos may hold critical vulnerabilities, carries code injections by North Korean hackers
The Cosmos Hub liquid staking module (LSM) may still contain vulnerabilities, even after an alleged re-write, due to the involvement of North Korean hackers posing as project team members.Cryptopolitan
Oct 16, 2024
