Editor's Choice
OKX launches the AI tool "Smart Sync" for automatic copying of leading traders' portfolios on the spot market, making trading easier for beginners and experienced users 💹
OKX, one of the largest crypto exchanges, has launched a new AI tool, "Smart Sync," for copy-trading on the spot market. Now, users can easily copy the portfolios of top traders, automatically synchronizing their positions with one touch."Smart Sync" fully automates the process, eliminating the need for manual copying of trades, which is especially useful in times of market "greed." The tool supports proportional position adjustments, allowing users to participate in expert-level trading, even without deep market knowledge.
The Pennsylvania House of Representatives approved House Bill 2481 on Bitcoin and digital asset regulation: 176 votes in favor and 26 against, with a focus on self-custody rights, Bitcoin payments, and transaction taxation 🏛️
The Pennsylvania House of Representatives passed a bill on Bitcoin and digital asset regulation, receiving bipartisan support. Known as the “Bitcoin Rights Act” (House Bill 2481), the bill aims to provide legal certainty for digital assets. It affirms residents' rights to self-custody, the use of Bitcoin as a means of payment, and establishes rules for Bitcoin transaction taxation.The bill received significant approval — 176 votes in favor and 26 against, including full support from all Republicans. After the elections, the document will be reviewed by the State Senate and then submitted for the governor's signature.
MEXC launches a multimillion-dollar fund to support the Aptos ecosystem, investing in projects like Aries Market and Amnis Finance, and sponsoring the Aptos Code Collision hackathon for MOVE developers 💰
MEXC has launched a multimillion-dollar fund to support the Aptos ecosystem, which will finance hackathons, invest in startups, and support MOVE developers. According to MEXC Vice President Tracy Jin, Aptos attracts developers with its high-performance infrastructure and innovations like Block-STM.The fund has already invested in two projects: Aries Market, the largest DeFi platform on Aptos with a full suite of financial services, and Amnis Finance, a liquid staking protocol that increases the yield of APT tokens. The fund also supports the Aptos Code Collision hackathon to find and support promising new projects.
The BingX cryptocurrency exchange has fully restored its operations and launched the "ShieldX" feature to protect against external threats after losing more than $50 million in assets, including Ethereum and Binance Coin 🛡️
The cryptocurrency exchange BingX announced the complete restoration of its operations and the launch of a new feature for protection against external threats.The Singapore-based exchange BingX introduced the "ShieldX" initiative aimed at strengthening security following a recent major hack resulting in the loss of over $50 million in digital assets.On October 24, the exchange announced in its blog the introduction of "ShieldX," which includes enhanced wallet protection, strengthened monitoring, and collaboration with leading cybersecurity firms. BingX also announced the launch of a vulnerability reward program, encouraging researchers to identify and report potential risks.To maintain a high level of security, BingX stated it will undergo regular independent audits to minimize threats and strengthen user trust.
Fraudsters stole $21.6 million from 40,000 investors to fund a luxurious lifestyle: private jets, a shark aquarium, and sex services 🦈
Anonymous hackers stole $20 million in USDC, USDT, aUSDC, and ETH cryptocurrencies from U.S. government wallets and began laundering funds 💰
Ubisoft has released its first original NFT game, Champions Tactics: Grimoria Chronicles, on the Oasys blockchain with turn-based battles and the use of digital champions 🎮
Base8 officially launches the Bitcoin Layer 3 platform with Lightning Network integration, Babylon for staking, and Stacks for DeFi, offering users convenient solutions for crypto investments, fast payments, and asset management 💰
The UK Chancellor of the Exchequer, Rachel Reeves, will introduce changes to fiscal rules to increase investment opportunities by billions of pounds 💷
South Korean crypto exchanges froze access to the assets of 33,000 investors worth $13 million due to the closure and suspension of 14 crypto exchanges 💰
Binance has launched a new service for selling crypto assets with the transfer of funds to credit and debit cards via Paymonade, supporting VISA and Mastercard 💳
Kraken launches the Ink blockchain for decentralized DeFi applications without issuing its own token at the beginning of 2025 🌐
Denmark plans to introduce a 42% tax on unrealized profits from cryptocurrency assets, including Bitcoin (BTC) and other digital currencies 💰
Denmark is planning to introduce a tax on cryptocurrency assets, equating them to traditional assets. A new bill, which may come into effect in January 2026, proposes a 42% tax on unrealized profits.According to the new law, Danish citizens will be required to pay taxes on their cryptocurrencies, including Bitcoin (BTC), from the moment of acquisition, even if they have not sold the assets. The tax will be levied annually based on their current value.The proposal by the Danish Tax Council on October 23 aims to simplify the system and eliminate unfairness for cryptocurrency investors. This is in line with Italy’s recent move to increase the tax on cryptocurrency income to 42%.
Klasha and EasyTransfer Partner to Facilitate Tuition Payments for African Students in Local Currencies with Conversion to USD 🌍🎓
Klasha, an international cross-border payments company, has partnered with EasyTransfer, a Singaporean fintech specializing in educational payments. This collaboration will enable African students to pay for tuition more conveniently and affordably in their local currencies.EasyTransfer was looking for a partner to handle collections in African currencies and convert them into US dollars. Now, thanks to Klasha, students from Africa can pay for their education with reduced costs.Tony Gao, co-founder of EasyTransfer, noted that the partnership speeds up the payment process for students from countries like Nigeria and Kenya, which is especially important for international education.Jess Anuna, CEO of Klasha, emphasized that the company is committed to making tuition payments easier and more accessible for African students.
President of El Salvador Nayib Bukele donated 2 Bitcoin (≈ $133,000) for the construction of 1,000 schools in Honduras 🏫
President of El Salvador Nayib Bukele announced a donation of 2 bitcoins, valued at approximately $133,000, to support the initiative to build 1,000 schools in Honduras. This decision aligns with the current strategy of the Salvadoran government, which has been purchasing one bitcoin daily since March 16, 2024.El Salvador became the first country to officially recognize bitcoin as legal tender on September 7, 2021. As part of this policy, the Chivo Wallet state platform was launched, and citizens were offered a $30 bonus in bitcoins for installing it.El Salvador is also actively engaged in bitcoin mining using geothermal energy from its volcanoes, and to date, the country's government holds 5,913 bitcoins.The recent donation for school construction in Honduras demonstrates how El Salvador is using its bitcoin reserves for regional development and humanitarian aid.
Blade Labs launches Qatar's first blockchain platform for tokenized Murabaha contracts, expanding the possibilities of Islamic finance 🚀
Blade Labs, a participant in the Qatar FinTech Hub 2024, has launched Qatar's first blockchain-based platform for tokenized Murabaha contracts. This project modernizes Islamic finance, simplifying the Murabaha process and allowing lenders to expand their audience while complying with Sharia regulations.The platform enables non-financial organizations, such as car dealerships, to integrate Sharia-compliant financial solutions, opening up new business opportunities. It allows them to offer financing services to clients without the need for liquid assets.For Islamic financial institutions, Blade Labs offers an expanded client base and new revenue streams through the tokenization and digitalization of lending processes.
Best news of the last 10 days
Bitget and Solayer launched a new product, BGSOL, for liquid staking SOL, offering users flexible asset management and participation in DeFi activities 💰
Uniswap has launched a permissionless cross-chain bridge for nine blockchains, including Ethereum, Arbitrum, Polygon, and ZKSync, supporting only native assets and stable coins 🌐
North Korean hacker group Lazarus used a zero-day vulnerability in Google Chrome to install spyware through the fake blockchain game DeTankZone with NFT transactions 🎮
Norway is preparing to introduce a central bank digital currency (CBDC) with a focus on the wholesale model, and a final decision will be made next year 💳
International cryptocurrency exchanges freeze crypto assets of Iranians due to suspicions of local exchanges' ties with the Iranian government and the Islamic Revolutionary Guard Corps 🌍
International cryptocurrency exchanges have frozen the assets of Iranian citizens and blocked their accounts after intelligence reported possible cooperation between local exchanges and the Iranian government.Following US sanctions, international exchanges left the Iranian market, and local platforms like Nobitex took their place. However, according to open sources, Nobitex may be cooperating with the Iranian government and the Islamic Revolutionary Guard Corps (IRGC), violating international anti-money laundering and counter-terrorism financing laws.Investigations have shown that Nobitex shareholders have ties to the Iranian leadership, raising concerns in the international community.
Vietnam announced a National Strategy for the development of blockchain technologies until 2030: the creation of 20 reputable blockchain brands, the development of testing centers, and the strengthening of digital infrastructure and data security 🔐
The application and development of blockchain technology significantly contributes to the creation of advanced digital infrastructure, ensuring the security and reliability of data, and lays the foundation for the development of digital technology.On June 22, Vietnam's Deputy Prime Minister Ho Duc Phoc signed and issued Decision No. 1236/QD-TTg, which announces the National Strategy for the application and development of blockchain technologies until 2025 with a perspective until 2030.According to the strategy, blockchain is defined as one of the leading technologies of the Fourth Industrial Revolution. The application and development of blockchain technologies play a key role in creating modern digital infrastructure and ensuring data reliability.
Valve introduces local taxes on game purchases in Steam in the USA, causing a wave of discontent among gamers and developers 🎮
Valve, the company behind the Steam platform, is preparing to introduce local tax collection on transactions related to game purchases through the online store. Taxes will be charged in those U.S. states where they are mandated by law.The new Steam system will allow users to see the exact amount of local tax charged on their purchase, giving them the opportunity to know whether their region of residence falls under states with mandatory tax collection.This change has caused dissatisfaction among gamers and developers, who have expressed their discontent with the additional costs. Many gamers believe that digital versions of games should not be taxed, comparing it to a "tax on imaginary money."
Nigeria dropped charges against Binance's head of financial crimes, Tigran Gambaryan, in a case of laundering more than $35 million for his treatment abroad, but the investigation against Binance for tax violations continues 💰
The Nigerian government dropped money laundering charges against Binance executive Tigran Gambaryan so he could receive medical treatment abroad, the government's lawyer said on Wednesday.Gambaryan, a U.S. citizen and head of financial crimes at Binance, has been detained in Nigeria since late February on charges of laundering more than $35 million. Gambaryan and Binance deny all charges.The government will continue its investigation into Binance's money laundering case but without Gambaryan's involvement. Separate tax evasion charges against Binance remain in place. Binance also denies these charges.