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.

Comments

All Comments

Recommended for you

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • Alibaba's Wu Yongming: AI Annual Revenue Exceeds 49.5 Billion Yuan

    On August 20, Alibaba Group (09988.HK) released its financial report for the first quarter of fiscal year 2027. During the analyst conference call, Group CEO Wu Yongming stated that AI has become the core engine driving accelerated growth for Alibaba Cloud. This quarter, the annual recurring revenue (ARR) from AI-related products surpassed 49.5 billion yuan (7.3 billion USD), accounting for 35% of Alibaba Cloud's external commercialization revenue. The gross margin for AI-related products is significantly higher than the average level for cloud products.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • Meta Invests Hundreds of Millions in Microsoft's Azure AI Services

    Meta Platforms (META.O) is investing hundreds of millions in Microsoft's Azure AI services. Meta has quietly become one of Microsoft's largest AI clients. Shares of Meta Platforms (META.O) and Microsoft (MSFT.O) rose 1.6% in pre-market trading.

  • Meta Invests Hundreds of Millions in Microsoft's Azure AI Services

    Meta Platforms (META.O) is investing hundreds of millions into Microsoft's Azure AI services. Meta has quietly become one of Microsoft's largest AI clients. Shares of Meta Platforms (META.O) and Microsoft (MSFT.O) rose by 1.6% in pre-market trading.

  • X Explores Paying Creators with Stablecoins

    On August 20, sources revealed that Elon Musk's social media platform X is exploring the use of stablecoins, such as Circle's USDC, to pay royalties to content creators and influencers. Discussions are still ongoing. Stablecoins have become an important tool for blockchain payments due to their faster and lower-cost cross-border payment capabilities. Recently, X has also been adjusting its creator incentive mechanisms, planning to replace the original revenue-sharing program with an 'Original Content Reward Program' to reward original content, professional opinions, reporting, creativity, and commentary.

  • X Explores Paying Creators with Stablecoins

    On August 20, sources revealed that Elon Musk's social media platform X is exploring the use of stablecoins, including Circle's USDC, to pay royalties to content creators and influential users. Discussions are still ongoing. Stablecoins have become an important tool for blockchain payments due to their faster and lower-cost cross-border payment capabilities. Recently, X has also been adjusting its creator incentive mechanisms, planning to replace the existing revenue-sharing program with an 'Original Content Reward Program' to reward original content, professional opinions, reporting, creativity, and commentary.

  • Alibaba Q1 Revenue for FY2027 Reaches 269 Billion Yuan, Up 9% Year-on-Year

    On August 20, Alibaba (09988.HK) reported a revenue of 269 billion yuan for Q1 of FY2027, compared to 247.65 billion yuan in the same period last year, marking a 9% year-on-year increase. The external revenue growth of Alibaba Cloud accelerated to 45%, and revenue from artificial intelligence-related products achieved triple-digit growth.