Analysis Archive – Page 21

Nigeria Orders Crypto Platforms to Withhold Tax on Staking and Airdrops
Nigeria's Revenue Service now requires crypto platforms to withhold 1% on disposals and 10% on staking, mining, airdrops, and DeFi income. Here is what it means.

SBF Fraud Conviction Stands as Appeals Court Denies His Bid
The Second Circuit affirmed Sam Bankman-Fried's fraud and conspiracy conviction on August 4, closing his main appellate route and leaving his 25-year sentence intact.

Ethereum's EIP-8363 Would Cut Validator Rewards as Staking Nears 50%
Ethereum researchers including Justin Drake proposed EIP-8363 to trim validator rewards as the staking ratio approaches 50%. Here is what is at stake for holders.

Wells Fargo to Launch Tokenized Deposits This Fall on Its Own Blockchain
Wells Fargo will launch tokenized deposits this fall, starting with round-the-clock dollar-to-pound transfers for select corporate clients on its own blockchain.

Bybit Wins Austrian E-Money License to Build EU Payment Cards
Bybit's Austrian subsidiary secured an e-money license to develop cards, merchant services, and open banking, deepening the exchange race for EU payment rails.

BitGo Moves $7.4B in Wrapped Bitcoin to Chainlink CCIP
BitGo is migrating roughly $7.4B of wrapped Bitcoin off LayerZero to Chainlink CCIP, resetting the cross-chain plumbing behind one of crypto's largest BTC tokens.

SpaceX Posts $540M Bitcoin Loss as Corporate Treasuries Take a Hit
SpaceX beat Wall Street revenue forecasts but booked a $540M loss tied to its Bitcoin holdings, a reminder of how mark-to-market swings hit corporate crypto.

Senators Broker Ethics Deal to Push CLARITY Act to 60 Votes
Senators Thom Tillis and Ruben Gallego crafted a bipartisan ethics compromise to move the CLARITY Act past the 60-vote Senate threshold before the August recess.

Senators Push SEC to Probe Trump Meme Coin After 98% Collapse
US senators are urging the SEC to investigate the Trump meme coin after a 98% drop erased billions and pushed it out of the top 100 altcoins.

Dinari Brings 724 Tokenized US Stocks to Investors With Circle
Dinari partnered with Circle to offer tokenized US stock trading to American investors, settling 724 companies onchain in USDC. Details and context here.
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