Global

The 16th annual BRICS Summit in Kazan, Russia, has seen a renewed focus on de-dollarization. Leaders from Russia, China, and Iran have stressed the need for new digital platforms to reduce reliance on the US dollar in international transactions.

Japanese investment firm Metaplanet has successfully raised 10 billion yen ($66 million) by completing its stock acquisition rights program.

Base, a layer 2 scaling solution built on Ethereum, has recently implemented a new security feature known as fault proofs. This mechanism allows anyone to dispute an incorrect withdrawal transaction, ensuring greater transparency and decentralization within the network.

In today's digital landscape, the security of your crypto assets is paramount. With the increasing prevalence of cybercrimes targeting crypto investors, it's imperative to take proactive measures to safeguard your funds.

Denmark's Tax Law Council has proposed a new bill that could introduce a tax on unrealized gains and losses on crypto assets held by Danish investors.

The South Korean cryptocurrency market has been plagued by high delisting rates, posing significant risks to investors. Over the past seven years, 34.9% of cryptocurrencies listed on South Korean exchanges have been delisted, with half surviving less than two years.

Binance, the world's leading cryptocurrency exchange, has announced the delisting of several trading pairs, including Algorand (ALGO), DigiByte (DGB), and GMX (GMX).

Bitcoin Cash (BCH) experienced a significant price surge in mid-October, raising questions about its future trajectory. While some analysts interpreted the move as a potential accumulation by whales, subsequent price action suggests that the bullish momentum may be waning.

The Toncoin (TON) network has witnessed a sharp decline in active addresses, marking its lowest levels since April. This downturn can be attributed to the underwhelming impact of recent Telegram airdrops, which failed to sustain user engagement and enthusiasm.

Despite the popularity of meme tokens, gaining listings on centralized exchanges remains a challenging process. Upbit, one of South Korea's leading crypto exchanges, has adopted a conservative approach to expanding its meme token offerings.

Metaplanet Inc., a Japanese investment firm, has successfully raised 10 billion yen ($66 million) through its recent stock acquisition rights exercise. This marks a significant step forward for the company as it continues to invest heavily in Bitcoin.

Despite global markets embracing crypto exchange-traded funds (ETFs), Japan remains cautious. The country, once seen as a crypto pioneer, has faced regulatory hurdles, primarily due to the scars of past scandals like Mt. Gox.