Cointime

Cointime

Download App
iOS & Android

Crypto Morning Briefing: UK Treasury Opens Tax Policy Consultation on DeFi Staking and Lending

Cointime Official

Top Stories

Robinhood Introduces Robinhood Connect To Enhance DeFi Accessibility

Popular trading app Robinhood has introduced a new feature called Robinhood Connect, which will allow users of its crypto wallet to access their funds and credentials directly from decentralized finance (DeFi) protocols and applications.

Coinbase CEO Hits Back At U.S. SEC, Says “Coinbase Does Not List Securities”

On Thursday, in its formal response to a Wells Notice received from the Securities and Exchange Commission (SEC), Coinbase Global Inc. firmly stated that it has not violated any securities laws. The California-based crypto exchange was recently issued an official notification by the SEC that it is being investigated for its Earn product, wallet service, and exchange operations.

Circle Policy Head Shares Key Predictions on Potential Digital Euro

Patrick Hansen, the Director of EU Strategy and Policy at stablecoin issuer Circle has shared some key predictions concerning the proposed Central Bank Digital Currency (CBDC) for the European Union. While the CBDC, also dubbed the Digital Euro is yet to be launched, Hansen said should it be launched, it will exist in three different forms.

UK Treasury Opens Tax Policy Consultation on DeFi Staking and Lending

HM Treasury, the UK's finance ministry, said Thursday that it has opened a consultation on possible new tax regulations for decentralized finance activities.

Shiba Inu Whales Unload Billions Amid SHIB Price Retreat

The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $29,661.36 USD, jumped by 5.23% in the last 24 hours;

ETH’s live price is $1,918.92 USD, jumped by 3.55% in the last 24 hours;

BNB’s live price is $334.71 USD, jumped by 1.65% in the last 24 hours;

XRP's live price is $0.46 USD, jumped by 2.71% in the last 24 hours.

Fundraising News

Shiba Inu Killer Love Hate Inu Raises $7.7 Million – 7 Day Countdown Begins for Huge Price Increase

Love Hate Inu, the hot new meme coin, has raised over $7.7 million from enthusiastic investors who are excited about its unique vote-to-earn feature and its potential for significant growth.

iZUMi Finance Closes $22 Million Financing Round To Launch on zkSync Era

iZUMi Finance, a Liquidity-as-a-Service (LaaS) decentralized finance (DeFi) protocol, has made public their announcement that they have successfully completed a fundraising round totaling $22 million.

Crypto Wallet Startup Giddy Raises $6.9 Million in Funding for Self-Custody Adoption Push

Crypto wallet startup Giddy has raised $6.9 million in funding from investors, including Pelion Venture Partners, Peak Capital Partners, Clarke Capital, and Fortnite co-creator Geremy Mustard.

Bitcoin Bitcoin $61,312.96
-1.64%
Robinhood DeFi Coinbase Circle stablecoin Shiba Inu SHIB
Comments

All Comments

Recommended for you

  • Tokenization platform AgriDex completes $5 million Pre-Seed round of financing

    AgriDex, a tokenization platform on the Solana blockchain, announced the completion of a $5 million Pre-Seed round of financing, led by Endeavor Ventures, with participation from African Crops Limited, Oldenburg Vineyards, and former Goldman Sachs and Citadel executive, Hank Oberoi. It is reported that AgriDex is expected to launch its platform and token, AGRI, in the third quarter of this year. According to its white paper, AgriDex has reserved 5% of the total token supply, or 50 million tokens out of 1 billion tokens, for airdrops.

  • UXUY Completes $7 Million Pre-A Round of Financing, with Investments from Binance Labs, Bitcoin Magazine, and Other Institutions

    UXUY, the next-generation decentralized multi-chain trading platform incubated by Binance Labs, announced the completion of a $7 million Pre-A round of financing. Since its establishment, its total financing amount has exceeded $10 million. UXUY is an important builder of the Bitcoin ecosystem, and more than 100,000 traders use Bitcoin Lightning Network services through UXUY. UXUY's current round of financing has received investment from well-known institutions in Asia, North America, and Europe, such as Binance Labs, UTXO Management (Bitcoin Magazine), JDI Ventures, Bixin Ventures, SWC Global, Matrix Partners, CMS Holdings, Dewhales Capital, Comma3 Ventures, Satoshi Labs, YBB Capital, GBV Capital, Web3Vision, Pentos Ventures, NGC Ventures, Alti5, Metalpha, and GSR. The funds raised by UXUY in this round will be used for the construction of the Bitcoin ecosystem infrastructure, and will be committed to promoting the efficient and low-cost trading of Lightning Network Taproot Assets, Ordinals BRC-20, Runes, and other assets. Jordan, co-founder of UXUY, said: "We are pleased to be strategic partners with all investors! This year, we have successfully built a bridge between the Bitcoin Lightning Network and the multi-chain ecosystem. UXUY will continue to promote the use cases and popularization of the Lightning Network in trading scenarios, and make more contributions to the Bitcoin ecosystem." According to RootData, a Web3 asset data platform, UXUY is a next-generation decentralized multi-chain trading platform based on MPC wallets. UXUY actively participates in the construction of the Bitcoin Layer2 ecosystem, fully integrates into the Bitcoin Lightning Network and Taproot ecosystem, provides Lightning Address DID services to users, and becomes an important bridge connecting the Bitcoin and Ethereum ecosystems. As a decentralized multi-chain trading platform, UXUY provides immediate cross-chain trading services for Coin, Token, and Inscription among public chains through the establishment of uPool.

  • Taiwan's administrative agency passed four new anti-fraud laws to bring cryptocurrency traders under control

    It was announced that Taiwan's administrative management agency has passed the "New Anti-Fraud Law" to regulate cryptocurrency traders. In the future, businesses or individuals providing virtual asset services or third-party payment services must complete anti-money laundering measures and register their services or log in. Failure to do so may result in a maximum of 2 years in prison or a fine of up to NT$5 million. Businesses or individuals outside of Taiwan providing virtual asset or third-party payment services must register their companies or branches according to company law and complete anti-money laundering measures and service registration or login. Otherwise, they are not allowed to provide virtual asset services or third-party payment services in Taiwan. Qiu Shuzhen, the deputy chairman of Taiwan's financial regulatory agency, stated that there are currently around 60 to 70 cryptocurrency traders in the market, of which 25 have passed the anti-money laundering review by the financial regulatory agency. In the future, all traders will be required to declare and undergo review, and a cryptocurrency traders' association will be established for legal, administrative, and association management. Accounting professionals will also be enlisted to assist with internal control.

  • EigenLayer TVL falls back to $14.794 billion

    According to DefiLlama data, the total value locked (TVL) in Ethereum's re-staking protocol EigenLayer has fallen below $15 billion, currently at $14.794 billion.

  • The EU is considering including cryptocurrencies in the 12 trillion euro investment market, and its impact may far exceed that of US ETFs

    The European Securities and Markets Authority (ESMA) is consulting with the investment product advisory industry and experts on whether cryptocurrency assets should be included. This move could open up a broader market for cryptocurrencies, far exceeding the market size of spot Bitcoin ETFs. The plan aims to expand the scope of UCITS (EU Transferable Securities Collective Investment Scheme), with the UCITS market reaching as high as €12 trillion. If successful, this would be a key step in mainstreaming cryptocurrency assets in Europe.

  • SlowMist: The hacker who stole 1,155 WBTC may be from Hong Kong

    According to SlowMist analysis , the IP address associated with the theft of 1155 WBTC has been traced to Hong Kong (VPN use cannot be ruled out). Earlier reports indicated that a certain address was suspected to be a victim of phishing attacks and lost 1155 WBTC, worth 71 million USD. Subsequently, the fraudsters sold all 1155 WBTC and exchanged them for 22960 ETH, and used a large number of wallet addresses to send and launder the funds.

  • Web3 game developer Seeds Labs completes $12 million seed round of financing, with participation from Solana Foundation and others

    According to Cointelegraph, Web3 game developer Seeds Labs has announced the completion of a $12 million seed round financing, with participation from Avalanche's Blizzard Fund, Solana Foundation, Krust, Hashkey Capital, UOB Ventures, Signum Capital, IVC, and Emoote.It is reported that Seeds Labs, a Solana ecosystem game infrastructure developer, was established in 2021, and its Web3 game Bladerite is scheduled to be released this month.

  • 2 wallets deposited 211 billion SHIB into Coinbase within 10 hours

    According to The Data Nerd's monitoring, within 10 hours, 2 wallets (with the same amount of SHIB) deposited a total of 211 billion SHIB (about 5.16 million US dollars) into Coinbase. These wallets accumulated these SHIBs last week, and if sold at the current price, it would cause a small loss (about 120,000 US dollars).

  • USDC circulation decreased by $200 million in the past week, with a total circulation of $33.1 billion

    According to official data, Circle issued a total of 2.8 billion USDC and redeemed approximately 3 billion USDC in the past 7 days, resulting in a decrease in circulation of approximately 200 million USDC. The total circulation of USDC is 33.1 billion US dollars, with a reserve of 33.2 billion US dollars, including approximately 3.4 billion US dollars in cash, and Circle Reserve Fund holding approximately 29.8 billion US dollars.

  • 2 new wallets withdrew 7.85 million ARB from Coinbase 12 hours ago

    As monitored by The Data Nerd, 2 new wallets withdrew 7.85 million ARB (approximately $8.91 million) from Coinbase 12 hours ago.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company