cathymeng68 pfp

cathymeng68

@cathymeng68

199 Following
112 Followers
cathymeng68 pfp
cathymeng68
@cathymeng68
The rules for the blockchain-based arbitration system were developed in collaboration with Greenberg Traurig, a legal firm with over 2,750 attorneys in 48 locations. The system also benefits from the New York Convention, which makes rulings enforceable in 172 countries.
0 reply
0 recast
0 reaction
cathymeng68 pfp
cathymeng68
@cathymeng68
”We aim to build on their success and ensure that all processes related to running a bounty program are seamless for both white hats and projects,” he added.
0 reply
0 recast
0 reaction
cathymeng68 pfp
cathymeng68
@cathymeng68
“We’ve clearly seen how crucial bug bounty programs have been in saving projects from catastrophic vulnerabilities,” Amador told Cointelegraph.
0 reply
0 recast
0 reaction
cathymeng68 pfp
cathymeng68
@cathymeng68
On Kalshi, there’s a more than 60% likelihood that Bitcoin will reach at least $125,000 in 2025. Traders think there’s a roughly equal chance that Ether hits $5,000.
0 reply
0 recast
15 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Prediction markets Kalshi and Polymarket suggest that the crypto bull market is only getting started, with 2025 set to be the biggest year yet for the industry.
0 reply
0 recast
12 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
US markets closed on Dec. 25 for Christmas Day, so the inflows follow four straight trading days of total net outflows from the ETFs between Dec. 19 and Dec. 24, which totaled $1.52 billion.
0 reply
0 recast
11 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Grayscale’s mini Bitcoin ETF and VanEck’s ETF also saw more modest inflows of $7.2 million and $2.7 million, respectively.
0 reply
0 recast
11 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
The ARK 21Shares Bitcoin ETF (ARKB) followed with $186.9 million in inflows, while BlackRock’s iShares Bitcoin Trust ETF (IBIT) net took in $56.5 million.
0 reply
0 recast
11 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
The 11 ETFs together saw net inflows of $475.2 million on Dec. 26, led by $254.4 million worth of flows into the Fidelity Wise Origin Bitcoin Fund (FBTC), per CoinGlass.
0 reply
0 recast
10 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
United States Bitcoin exchange-traded funds (ETFs) have seen net inflows the day after Christmas, stemming a four-trading day run of outflows totaling more than $1.5 billion.
0 reply
0 recast
9 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
This marked a more than 50% decrease from the crypto mining tax collected in 2023, which was 93.7 million soms, worth just over $1 million, according to local media reports.
0 reply
0 recast
8 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Cryptocurrency mining taxes contributed over 46.6 million Kyrgystani soms, or $535,000, to the country’s economy this year, according to a Dec. 25 budget document released by Kyrgyzstan’s Ministry of Economy and Finance.
0 reply
0 recast
8 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Kyrgyzstan’s economy saw a significant decline in cryptocurrency mining taxes despite the soaring crypto valuations of 2024.
0 reply
0 recast
8 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
While Turkey does not tax crypto profits, it is considering a minor 0.03% transaction tax to help bolster the national budget.
0 reply
2 recasts
8 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Cryptocurrency trading laws in Turkey allow individuals to buy, hold and trade crypto, but using it for payments has been prohibited since 2021.
0 reply
1 recast
9 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
The wave of applications followed the implementation of the “Law on Amendments to the Capital Markets Law,” which came into effect on July 2. This law was aimed at providing a regulatory framework for crypto asset service providers.
0 reply
1 recast
9 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
The past year, 2024, brought renewed activity among Turkish crypto firms, as the Turkish Capital Markets Board (CMB) received 47 license applications from crypto companies under the new regulation, leading up to August.
0 reply
0 recast
7 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
As of September 2023, Turkey was the fourth-largest crypto market in the world, with an estimated trading volume of $170 billion, surpassing major markets like Russia and Canada, according to Chainalysis.
0 reply
1 recast
7 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
If a provider is unable to collect the necessary information from a sender, the crypto transfer may be categorized as “risky,” enabling the service provider to consider halting it, according to the new bill, which says:
0 reply
1 recast
6 reactions
cathymeng68 pfp
cathymeng68
@cathymeng68
Turkey’s new regulatory bill comes during a period of increased interest in crypto regulation, a week ahead of the implementation of the world’s first comprehensive crypto regulatory framework, Europe’s Markets in Crypto-Assets (MiCA) bill, which is set to go into effect on Dec. 30.
0 reply
1 recast
6 reactions