Author: cointechies

Seraphim Czecker, head of growth at Ethena, has announced his resignation. Czecker shared the “big personal news” in a post “It has been a truly incredible and rewarding journey,” he wrote. “I joined the protocol around the seed round, fueled over $1 billion in DeFi partnerships while keeping Ethena top of mind 24/7, and had incredible fun doing it.” The outgoing Ethena (ENA) team member says he was “actively” involved in the project, from zero to a multi-billion dollar success story. According to DeFiLlama, the total value of the stablecoin issuer USDe (USDe) is currently close to $6 billion. Much…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Who are the visionaries, what helps them find new business opportunities; how to test an idea and hold a foresight session. Read to find out. Who are visionaries and how is their approach changing the deep tech market? We’ll find out what helps Lado Okhotnikov, Sam Altman and Dara Ladjevardian discover new business opportunities. And we’ll talk about how to test your idea and do foresight to find a path forward. Visionaries are people who see the future where…

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced new acquisitions. Bitcoin (BTC) traded near $91,000 on Monday, December 30, down 15% from its peak this year, and technicals suggest there is more to come There is downside potential. That decline continued despite MicroStrategy announcing last week that it had acquired 2,138 more bitcoins, marking its eighth consecutive week of purchases and bringing its total holdings to 446,400. Tether also added 7,630 Bitcoins, bringing its total holdings to over $7.7 billion. Other major companies, including Marathon Digital, Riot Platforms and Hut 8 Mining, have also continued…

CoinDCX, one of India’s largest cryptocurrency exchanges, has expressed solidarity with the victims of the Rs 2,000-crore WazirX hack. A social media user, Romy Johnson, had publicly called on CoinDCX founders Neeraj Khandelwal and Sumit Gupta to file a legal application in Singapore to take over WazirX and help recover funds for victims of the recent hack. Romy Johnson called for CoinDCX, Source: X Johnson’s call to action was aimed at encouraging CoinDCX to step in and offer a solution by taking control of WazirX, which has faced operational challenges and legal issues, particularly with its parent company Binance. Sumit…

A prominent nonprofit crypto advocacy group is filing a lawsuit to challenge new reporting rules for decentralized finance (DeFi) brokers. In a new press release, the Blockchain Association says the “midnight” decision by the Internal Revenue Service (IRS) and the Treasury Department to force DeFi protocols to follow the same reporting rules as securities brokers will disrupt the U.S. digital asset industry “ cripple” would impose illegal compliance requirements on developers. Last week, the Treasury Department issued a press release on a new rule requiring DeFi brokers to report gross proceeds from the sale of their digital assets. As Marisa…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. DOGEN could skyrocket 12,000%, outperforming AVAX and KAS, as analysts highlight its explosive growth potential. A leading Wall Street analyst predicts that DOGEN could rise 12,000% and potentially outperform the returns of AVAX and KAS. This astonishing forecast raises the question of what could be driving such explosive growth. Investors are interested in understanding the factors behind this potential rise. Could DOGEN’s unique features or developments be the trigger? This prediction has certainly put DOGEN in the spotlight. DOGEN…

In a recent social media interaction, Rajya Sabha MP Raghav Chadha acknowledged the growing discontent among cryptocurrency traders and investors over the high tax rates imposed by the government on crypto trading in India. Responding to concerns raised about the economic impact of these taxes, Chadha expressed his determination to address the issue in the upcoming parliamentary session. The Indian cryptocurrency community has long struggled with the strict tax policies introduced in 2022. The 30 percent flat tax on profits from cryptocurrency transactions coupled with the 1 percent withholding tax (TDS) on each transaction has been widely criticized for stunting…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Analysts believe SHIB and PEPE have peaked, highlighting Remittix as a rising star with a forecast rally potential of 5,880%. Top analysts believe that SHIB and PEPE may have peaked, indicating a shift in market focus towards new opportunities. As PEPE price loses ground following recent increases, attention now turns to Remittix, which is forecast to see a potential 5,880% rise. As investors search for the best cryptocurrency to buy now, Remittix is ​​leading the race as a promising…

Genius Group has increased its Bitcoin holdings through a significant purchase announced on December 30th. The company announced that it purchased an additional $10 million worth of Bitcoin (BTC), increasing its BTC holdings to 319.4 BTC worth $30 million. Genius purchased the Bitcoin at the average price of $93,919 per BTC. The publicly traded company’s announcement came as MicroStrategy led the recent BTC buying spree, with its total holdings reaching 446,400 BTC. Notably, Genius Group reached the $30 million BTC mark within six weeks of announcing its Bitcoin strategy. The AI-powered company, which trades on the New York Stock Exchange,…

The sky has turned blue in Amsterdam to celebrate Moonpay’s entry into the European Union’s crypto markets. The renowned crypto infrastructure service provider has officially received approval from the Netherlands to operate under the European Union’s Markets in Crypto-Assets (MiCA) Regulation. MoonPay received its license from the Netherlands Authority for Financial Markets (AFM) and this milestone gives it the ability to offer services seamlessly across the European Economic Area (EEA). Source: X Ivan Soto-Wright, CEO of MoonPay, said: “This milestone is not just about compliance; It’s about consolidating the crypto industry’s place in the global financial system. We are committed…