James Wynn, one of the high-profile traders on Hyperliquid, deposited a total of $1.28M to Hyperliquid to defend his positions during a turbulent month, and lost almost all of the funds to liquidations. James Wynn kept defending risky positions on Hyperliquid, costing him a total of $1.28M for the past month. During the market turbulence
According to Reuters, the Indonesian Ministry of Finance announced that the tax rate on cryptocurrency transactions will be increased starting August 1. According to new regulations from the Indonesian Ministry of Finance, cryptocurrency transactions will be taxed starting August 1, and transactions made on overseas exchanges will be taxed at a higher rate. The tax
The volume of crypto asset transactions in Kyrgyzstan has reached $7 billion, according to the head of the nation’s state-controlled investment agency. The official announced the figure at a meeting with the top U.S. representative in his country, during which cryptocurrency was among the main topics. The news comes after recent reports indicating the former
Visa has processed over $200 million in stablecoin settlements, but the payments giant says the technology is still in its infancy and awaits firmer regulatory guardrails before it can scale further. “It’s still early, but we do see real potential,” CEO Ryan McInerney said Tuesday during Visa’s fiscal Q2 2025 earnings call. “On the one
The company wants to preserve the purchasing power of idle cash under different market conditions. Key Takeaways Marti Technologies is allocating 20% of its cash reserves to digital assets, starting with Bitcoin. The allocation focuses on surplus cash, with the company’s core business operations and growth plans unchanged. Marti Technologies, an Istanbul-based ride app, is