Digital Assets

All the latest insightful cryptocurrency, crypto, and blockchain news affecting the trading and brokerage industry worldwide.

Sam Bankman-Fried, the once-billionaire founder of FTX, has been spotted looking quite different with a new beard and a slimmer figure in a photo that’s been making rounds, reportedly taken inside New York’s Metropolitan Detention Centre.

We’re thrilled to announce the return of the highly anticipated Startup Competition at Paris Blockchain Week. With a staggering array of prizes totaling over $10 million, encompassing funding, grants, credits, accelerations, listing, and more, this competition has become a cornerstone event within the blockchain startup ecosystem.  

“Year-to-date, 24% of Bitcoin and Ether futures volume at CME Group has been transacted from the EMEA region, and we continue to develop additional tools for clients there to hedge their crypto portfolios and express or take a view on potential market moves.”

Last week, the cryptocurrency investment landscape saw a big leap in interest, particularly in bitcoin exchange-traded funds (ETFs), which attracted a record $2.4 billion of the $2.45 billion that flowed into digital asset investment products.

Nexera Foundation, evolving from AllianceBlock, introduces Nexera Finance, aiming to redefine the landscape of tokenization for businesses and institutions. This shift marks a strategic move towards facilitating compliant, tokenized financial solutions across industries.

The current law, set to take effect in January 2025, taxes income from virtual assets beyond 2.5 million won (currently $1,870 USD) at 22%, including local tax, compared to a 50 million won exemption for equities income. This disparity has prompted calls for a more balanced approach to asset taxation, acknowledging the complexities of determining investment amounts and gains in the virtual asset market.