Monday, October 12

Crypto

South Africa’s Tax Authority Proposes Crypto Tax Guidance

South Africa’s tax authority has proposed new guidance that clarifies how crypto assets are taxed under existing income and capital gains tax frameworks.The South African Revenue Service (SARS) on Wednesday published draft guidelines on crypto asset taxation, applying South Africa’s…

Binance Sees .23B Outflows as ETH Withdrawals Surge

Binance, the world’s largest crypto exchange by trading volumes, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high.According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows…

Vitalik Buterin Unveils New ‘Lean Ethereum” Strawmap

Ethereum co-founder Vitalik Buterin has named quantum resistance, scalability and privacy as three of Ethereum’s top priorities under a new “Lean Ethereum” strawmap, which lays out the network’s technical direction for the remainder of the decade. In a post to X…

Moonbeam Pivots From Polkadot to Base to Build AI Agents

Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market. “This is a pivot to the most exciting frontier in…

Kraken Expands Tokenized Stocks into Leveraged Trading

Crypto exchange Kraken has begun accepting select tokenized stocks and exchange-traded funds (ETFs) as collateral for futures and margin trading, allowing eligible users to open leveraged positions without selling their holdings.The feature initially supports 10 tokenized stocks and ETFs, including…

Kalshi, Polymarket Hit Rcord June trading on World Cup

Kalshi posted a record month for trading volume in June as the 2026 FIFA World Cup fueled activity across prediction markets.DefiLlama data shows Kalshi recorded nearly $9.4 billion in trading volume in June, up from about $5.3 billion in May.…

Revolut Notifies Customers of USDT Delisting

Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns.In a Friday customer notice seen by Cointelegraph, Revolut said users will no…

Tim Draper Denies Moving BTC After Coinbase Transfer Claim

Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime.“Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin…

US Law Enforcement Groups No Longer Opposes CLARITY Act

The Major County Sheriffs of America reportedly said it no longer opposes the CLARITY Act after initially raising concerns over how the bill would affect illicit finance investigations.In a letter to US Senate Banking Committee chair Tim Scott and Senator…

Bitcoin Realized Profit Loss Ratio Falls to 43-Month Low

Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said.The Bitcoin realized P&L ratio — which…

Zcash Ironwood Timeline Pressured by Software Migration

Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for the planned activation in late July. Jason McGee, executive…

SOL Tops  As Solana Network Activity Surges

Key takeaways:Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83.Bullish leveraged appetite cooled sharply, suggesting traders are hesitant to bet on further gains to $90.Solana’s SOL token jumped to its highest mark in over 30…

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