Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets
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Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets

On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, […] Source: https://news.bitcoin.com/bitwise-reveals-ens-subnames-for-ethereum-etf-reserve-wallets/

Pudgy Penguins Firm Raises $11 Million for Ethereum Layer-2 Push
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Pudgy Penguins Firm Raises $11 Million for Ethereum Layer-2 Push

Igloo, Inc, the parent company of popular NFT brand Pudgy Penguins, has raised over $11 million in funding to develop a new Ethereum layer-2 scaling network called Abstract, the company announced Tuesday. The funding round was led by Founders Fund, with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital. Igloo will use the funds to establish…

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India Maintains Crypto Tax Regulations in 2024/25 Budget
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India Maintains Crypto Tax Regulations in 2024/25 Budget

Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industry leaders emphasize the need for ongoing dialogue with regulators to foster a supportive environment […] Source: https://news.bitcoin.com/india-maintains-crypto-tax-regulations-in-2024-25-budget/