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wandidw

@wandidw

166 Following
62 Followers
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⚡️ News Flash - 12 Aug 2024 ! 1️⃣ Former BOJ Board Member Predicts Unlikelihood of Additional Rate Hike This Year The Bank of Japan is expected to hold off on further interest rate hikes this year after recent increases triggered market turmoil and disrupted the yen carry trade. Former BOJ board member Makoto Sakurai indicates no additional hikes are likely until at least March. 2️⃣ Canto to Resume Network Operations Following Outage Due to 'Consensus Issue' Canto's Layer-1 blockchain suffered an outage post-"Callisto" upgrade, halting transactions due to a consensus issue. An upgrade is scheduled for Monday to address it. The blockchain reassures users that funds are safe. 3️⃣ Venezuela Restricts Binance and X in Response to Presidential Election Dispute Venezuela's government has blocked access to Binance, social media platform X, and other online services amid unrest over disputed presidential election results. Local anti-censorship group VE sin Filtro reported a DNS block affecting B…
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⚡️ News Flash - 10 Aug 2024 ! 1️⃣ Gemini Calls on CFTC to Withdraw Proposed Rule on Event Contracts Gemini has called on U.S. regulators to withdraw a proposed rule that would ban event contracts on decentralized prediction markets, citing potential negative impacts on forecasting markets, including those related to elections. 2️⃣ Adidas Teams Up with Doodles for Virtual Swag Packs and Exclusive Physical Apparel Adidas has teamed up with Ethereum's Doodles to sell virtual swag packs that offer potential access to exclusive physical apparel. The packs are available until August 16, ranging from $4.99 to $374.99. 3️⃣ SEC and Ideanomics Reach Settlement Over Crypto Revenue Reporting Fraud Charges The SEC has settled fraud charges with Ideanomics over misleading financial reporting between 2017 and 2019, including false claims about revenue from crypto assets. 4️⃣ Tax Lawyer David W. Klasing Indicates IRS is Closing In on Crypto Tax Cheats Tax lawyer David W. Klasing warns that the IRS …
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⚡️ News Flash - 09 Aug 2024 ! 1️⃣ OKX Takes Action Against Tornado Cash Users, Terminates Accounts OKX CEO Star Xu announced that accounts interacting with Tornado Cash will be terminated to enhance compliance with international sanctions and improve financial integrity. 2️⃣ Donald Trump Jr. to Launch Crypto Platform to Challenge Traditional Banks Donald Trump Jr. plans to develop a DeFi platform to tackle banking access inequality, though specifics and timing are not yet clear. 3️⃣ IRS Revises Crypto Brokerage Tax Form, Excludes Wallet Address Request The IRS has updated the draft of Form 1099-DA for crypto transactions, set to start in 2025. The new draft removes details like wallet addresses and transaction IDs. 4️⃣ Coinbase Criticizes CFTC Proposal to Ban Election Bets Coinbase criticized the CFTC's proposed rule to ban certain event contracts, saying it could stifle innovation. The rule targets prediction markets on sensitive topics but might affect broader markets. Coinbase a…
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