Swiss city Lugano to accept Bitcoin, Tether for tax payments

Lugano, Switzerland, has broadened its tax and community fee payment options to include the option to pay in cryptocurrencies, including Bitcoin (BTC) and Tether’s USDT stablecoin, according to a Dec. 5 statement. The transactions will be facilitated by Bitcoin Suisse, a Swiss crypto gateway provider, that would enable citizens and institutions to settle invoices issued …

Bitcoin derivatives market shows stability with balanced open interest levels

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Web3 developer Thirdweb boosts bounty to $50,000 in light of fresh smart contract security risks

Thirdweb, a Web3 software development kit (SDK) provider, confirmed the presence of a security vulnerability in a widely used open-source library, impacting numerous Web3 smart contracts, according to a Dec. 4 statement on social media platform X (formerly Twitter). The firm stated that the vulnerability was initially identified on Nov. 20 and impacted a variety …

SafePal CEO says its time for Web3 to mature, advocates for shift in focus – Interview

In an industry where innovation and disruption are the norm, Veronica Wong, CEO and Co-Founder of SafePal, offers a refreshing yet provocative perspective on the evolution and future of Web3. With a blend of realism and foresight, Wong dissects the Web3 landscape, emphasizing the need for a strategic balance between pioneering spirit and pragmatic application. …

Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

Middle East-based Bitcoin (BTC) miner Phoenix Group became the first crypto-related firm to go public on the Abu Dhabi Securities Exchange (ADX) today, Dec. 5, according to a post on social media platform X (formerly Twitter). The miner was initially scheduled to go public on Dec. 4 but shifted its debut to today after the …

USDT Tether supply edges toward 90 billion with potential influence on Bitcoin prices

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Top Trader Says One Low-Cap Altcoin About To ‘Send Through the Roof,’ Predicts Capital Flows Back to Ethereum

A widely followed crypto analyst says that one low-cap decentralized finance (DeFi) altcoin is setting the stage for a massive rally. Pseudonymous crypto trader The Flow Horse tells his 189,600 followers on the social media platform X that key metrics indicate Pendle (PENDLE), which allows users to tokenize and sell future yields, is about to …

This Is the Most Important App for Crypto, According to Solana (SOL) Creator Anatoly Yakovenko

Solana (SOL) co-founder Anatoly Yakovenko is unveiling one of the most impactful innovations that’s emanated from the crypto industry In a new interview with macro guru Raoul Pal, Yakovenko says that decentralized finance (DeFi) is possibly the best thing that came out of crypto. “DeFi is the most important app for crypto. It is the …

Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC

According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.” News Join us on social networks Lawyers representing the United States Securities and Exchange Commission (SEC) requested the judge in its civil case against Terraform Labs …

Bitcoin custodian Nostr Assets pauses deposits after reaching ‘maximum capacity’

“Please refrain from deposits at the moment. Inbound at max capacity,” wrote one community manager. News Join us on social networks Bitcoin infrastructure developer Nostr Assets has paused deposits following record-high user activity. According to a Dec. 5 announcement posted on Telegram, Nostr Assets developers warned, “Please await further announcements and do not attempt to …

Crypto payments: PayPal’s stablecoin ripple effect on markets

Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? Analysis Join us on social networks PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be …

Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame

The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF. Who is this guy anyway? The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say …

Time for Ethereum To Finally Have Moment in the Sun As ETH Breaks Out of 530-Day Range, Says Top Trader

An analyst who nailed the bottom of the 2018 Bitcoin (BTC) bear market thinks that Ethereum (ETH) is about to take center stage. Pseudonymous analyst Bluntz tells his 230,300 followers on the social media platform X that Ethereum has closed above its multi-month accumulation range for the first time last week. According to the analyst, …

Kenyan crypto tax bill makes it through Parliamentary Committee

The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya. News Join us on social networks A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will be introduced to the lower chamber of Parliament as …

Singapore releases National AI Strategy 2.0, plans for 15,000 AI experts

Singapore released an updated version of its National AI Strategy, including plans for boosting government competency, building a smart nation and increasing compute capacity. News Join us on social networks The Singaporean government released its updated National AI Strategy 2.0 on Dec. 4, outlining how it plans to embrace innovation and tackle the challenges associated …

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