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Gemini reports 42% revenue growth after expansion into financial services

Gemini has reported a 42% increase in revenue following its expansion into financial services. The growth is attributed to the introduction of new products and services aimed at attracting a broader customer base. The company has focused on enhancing its offerings, which include interest-earning accounts and crypto-backed loans. This strategic move has positioned Gemini favorably in the competitive cryptocurrency market. Overall, the expansion has significantly contributed to the firm's financial performance.

Read the full article: Coin Telegraph

Kraken joins LayerZero exodus as it switches to Chainlink CCIP

Kraken has announced its decision to transition from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its cross-chain services. This move follows a trend of other platforms leaving LayerZero in favor of Chainlink's established infrastructure. The switch aims to enhance security and reliability in cross-chain transactions.

Australia’s proposed CGT changes could discourage long-term crypto holding

Australia is considering changes to its Capital Gains Tax (CGT) that could negatively impact long-term cryptocurrency holding. The proposed reforms aim to eliminate the current 50% discount on capital gains for assets held longer than a year, which could lead to higher tax liabilities for investors. This shift may discourage

Signal hints it could leave Canada over lawful access bill

Signal has indicated that it may withdraw its services from Canada in response to a proposed lawful access bill that could require tech companies to provide user data to law enforcement. The messaging app's co-founder, Moxie Marlinspike, expressed concerns that the legislation could undermine user privacy and security.

The U.S. stock market is getting close to dot-com bubble peak valuations

The U.S. stock market is nearing valuations similar to those seen during the dot-com bubble, raising concerns among analysts about a potential market correction. Key indices, including the S&P 500 and Nasdaq, have experienced significant gains, driven by a surge in technology stocks. Analysts warn that current

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Kraken joins LayerZero exodus as it switches to Chainlink CCIP

Australia’s proposed CGT changes could discourage long-term crypto holding

Signal hints it could leave Canada over lawful access bill

The U.S. stock market is getting close to dot-com bubble peak valuations