According to PANews, Ken Griffin, the CEO of the American hedge fund Citadel, has expressed regret over not investing in cryptocurrencies several years ago. This revelation highlights a shift in perspective from a prominent figure in the financial industry, who previously might have been skeptical about digital currencies. Griffin's acknowledgment of missed opportunities in the cryptocurrency market underscores the growing acceptance and recognition of digital assets within traditional finance circles. As cryptocurrencies continue to gain traction and legitimacy, more financial leaders are reconsidering their stance on these digital innovations. This sentiment reflects a broader trend where established financial institutions are increasingly exploring the potential of blockchain technology and digital currencies. The admission by Griffin serves as a reminder of the rapid evolution of the financial landscape, where digital currencies have moved from the fringes to a more central role in global finance. As the market for cryptocurrencies expands, it is likely that more industry leaders will reassess their strategies to include digital assets, recognizing their potential for growth and innovation.

Binance’s native coin, Binance Coin (BNB), has been on quite a roll lately. In 2023, the coin experienced significant losses, … Continue reading The post AI predicts BNB price for year-end appeared first on Finbold. source: https://finbold.com/ai-predicts-bnb-price-for-year-end/

The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC’s position continues to be that many digital assets are financial products under the current law. [This feedback request] is aligned to and supportive of […] The post Australia’s... source: https://cryptoslate.com/australias-asic-explores-stablecoins-wrapped-tokens-in-new-crypto-framework/

Has correction of Bitcoin (BTC) started by now? source: https://u.today/bitcoin-btc-price-prediction-for-december-4

TL;DR Magic Eden expands by integrating Sei Network, offering faster, more cost-effective transactions and advanced tools for NFT creators and traders. The integration includes Launchpad, Mint Terminal, and Marketplace, simplifying the creation, launch, and trading of NFTs. The community is strengthened with a new Telegram hub where users can participate, earn rewards, and access exclusive ...... source: https://crypto-economy.com/magic-eden-integrates-with-sei-network-launching-nft-tools/

Crypto Tax Evasion India sees Binance and WazirX among firms accused of $97M in unpaid taxes. India recovers $14M so far amid ongoing investigations. source: https://coincu.com/295202-crypto-tax-evasion-india-includes-binance-wazirx

According to PANews, Chaofan Shou, co-founder of the security firm Fuzzland, announced on the X platform that Vestra DAO has recently been targeted by a hacker attack, which is still ongoing. The attack has already resulted in a loss of $480,000, and there is a possibility of further losses. Shou advises stakeholders to immediately withdraw their stakes and liquidity to mitigate potential damage.

On Dec 04, 2024, 15:04 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,800 USDT benchmark and is now trading at 3,804.290039 USDT, with a narrowed 5.94% increase in 24 hours.

According to BlockBeats, on December 4, market reports revealed that Meitu, a Chinese technology company, has sold approximately 31,000 Ethereum and 940 Bitcoin. The company announced that it plans to use around 80% of the proceeds from these cryptocurrency sales to pay a special dividend to its shareholders. This move marks a significant shift in Meitu's investment strategy, as the company had previously made headlines for its substantial investments in cryptocurrencies. The decision to liquidate a portion of its digital assets comes amid fluctuating market conditions and reflects Meitu's intention to return value to its investors through dividends. The sale of these cryptocurrencies is expected to have a notable impact on the company's financial statements, given the scale of the assets involved. Meitu's decision to distribute a special dividend using the proceeds from the cryptocurrency sales highlights the company's commitment to shareholder returns. This strategic financial maneuver aligns with the broader trend of companies reassessing their cryptocurrency holdings in response to market volatility and regulatory developments. As the cryptocurrency market continues to evolve, Meitu's actions may influence other firms considering similar strategies to optimize their financial portfolios.

Chaofan Shou, co-founder of security company Fuzzland, said on the X platform: "Vestra DAO has just been hacked and is still ongoing. $480,000 has been lost and more may be lost in the future. It is recommended to withdraw the stake and withdraw liquidity immediately."

This article will introduce Denmark’s crypto tax and regulatory system in order to help readers better understand Denmark’s current crypto asset policy and its transformation background.

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