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Mantra already had a presence in the region, which is evident from the previously announced partnerships. Most recently, the company signed a $1 billion agreement with Damac Group, a UAE-based investment conglomerate. The partnership will offer token-based financing for a diverse range of assets, spanning real estate, hospitality, data centers and other critical sectors.
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On Sept. 13, 2024, Finnish authorities remanded Heart into custody following allegations of tax fraud and assault. However, the relevant authorities have been unable to locate him.
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Heart, a US citizen believed to be living in Finland, isn’t entirely out of legal trouble.
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Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit.
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Analysts said that the hack exposes security flaws present in centralized exchanges, while crypto security experts say that the hack shows the use of “increasingly creative exploits” in the crypto industry.
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https://warpcast.com/jolineme9t/0xa5bd143f
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The business intelligence firm and Bitcoin treasury company rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme on Feb. 5.
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Other states holding Strategy stock in their public funds include Arizona, Colorado, Illinois, Louisiana, Maryland, Texas and Utah, according to Fahrer.
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“Masses showed up and voted for more economic freedom in 2024 when they elected Donald Trump,” Coinbase CEO Brian Armstrong wrote in a Jan. 17 post.
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Supporters, including MicroStrategy CEO Michael Saylor, Tether and other major institutional players, have praised this idea, advocating for the US and other countries to accumulate Bitcoin as a means to stave off inflation.
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But crypto markets are trading on the expectation that the US will unload massive purchases going forward, Epstein said. During the campaign, Trump floated the idea of building a strategic Bitcoin reserve for the country, akin to El Salvador’s initiative in recent years.
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The US is already the largest sovereign holder of Bitcoin, mostly due to judicial seizures. According to data from Bitbo, the country holds over 200,000 Bitcoin in custody — equivalent to nearly $22 billion.
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https://warpcast.com/jolineme9t/0xde9515fa
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“The PBC is a structure⁠ used⁠ by many⁠ others⁠ that requires the company to balance shareholder interests, stakeholder interests, and a public benefit interest in its decisionmaking,” OpenAI said in the post, adding:
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OpenAI is considering converting its for-profit division into a Delaware Public Benefit Corporation (PBC), a legal structure for private enterprises producing public goods, according to a Dec. 27 blog post.
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The ChatGPT maker has faced fierce pushback, including lawsuits, for a 2019 decision to create a for-profit business unit to operate alongside its original nonprofit foundation.
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OpenAI is mulling a corporate restructuring designed to help coordinate the artificial intelligence developer’s nonprofit and for-profit arms, OpenAI said.
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The new rules will begin to apply to digital asset sales starting in 2027. Brokers will need to begin collecting and reporting the necessary data for digital asset transactions starting in 2026. According to the IRS, there are between 650 and 875 estimated DeFi brokers that will be affected by these final regulations.
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Under the new rules, if a DeFi platform is involved in facilitating the exchange or sale of digital assets — even through smart contracts — and it exercises sufficient control or influence over the transaction process, it could meet the definition of a broker.
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The definition encompasses platforms performing intermediary functions in facilitating transactions, including a group of persons facilitating transactions “whether or not the group operates through a legal entity.”
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