Terra Classic’s New “Reverse Charge” Tax System Under Review
TL;DR OrbitLabs proposes a review of Terra Classic’s new “Reverse Charge” tax system. The system would shift the tax burden from the issuer to the receiver, simplifying transactions.…
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Bitcoin Reaches New All-Time High as Trump Claims Victory in 2024 Election
TL;DR Bitcoin hit a new all-time high, trading at $74,492.63 with an increase of 8.41% in the past day. Trump’s declaration of victory in…
BlackRock BUIDL Fund Expands to Avalanche
TL;DR BlackRock and Securitize prepare to launch tokenized fund BUIDL on Avalanche Network. The information comes from on-chain activity showing a funded and configured…
Arcium Acquires Inpher to Lead Confidential Computing on the Blockchain
TL;DR Arcium, a confidential computing startup on Solana, has acquired Inpher, a Web2 competitor. The acquisition brings advanced technology and a team of crypto…
Kraken Launches Licensed Broker Service for Australian Wholesale Clients
TL;DR Kraken launches derivatives brokerage service in Australia for wholesale clients. The offering allows access to cryptocurrency derivatives without owning the underlying asset. The…
Craig Wright Vision to Transform Bitcoin into a Global Financial Powerhouse
TL;DR Craig Wright plans to turn Bitcoin into a borderless global financial system. The TerraNode project promises to scale Bitcoin infinitely and reduce transaction…
TON Expands Telegram Wallet: Self-Custodial Options and Enhanced Web3 Access
TL;DR Telegram’s TON Wallet will integrate self-custody and custody options into a single interface. New updates will include dApps, staking aggregators, and decentralized services.…
Radiant Capital Sets New Standards in DeFi Security After Recent Incident
TL;DR Radiant Capital conducts post-mortem after security incident, encouraging improvements in the DeFi industry. Influential industry figures highlight the need to strengthen operational security.…
Canary Capital Files for Spot Solana ETF Amid Regulatory Challenges
TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment…
Robinhood Q3 Surge: Global Expansion and New Trading Tools
TL;DR Robinhood reports revenue of $637 million in Q3 2024, up 36% year over year. Earnings per share (EPS) were $0.17, significantly improving from…
dYdX Lays Off 35% of Its Core Team for Strategic Shift
TL;DR dYdX lays off 35% of its core team amid decline in total value locked (TVL). The move did not affect the price of…