Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey
9.1.2022
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for...
Bitcoin & Crypto Mining in 2022: New Locations, Technologies, and Bigger Players
9.1.2022
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2021 has been a stellar year for crypto, which must also mean it’s been a stellar year for miners. And to a large extent, it was, with miners pocketing USD 3bn in revenues from Bitcoin (BTC) mining in the month of April alone....
Read More: Bitcoin & Crypto Mining in 2022: New Locations...
Pakistan to investigate Binance for multi-million dollar crypto scam
9.1.2022
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets
Real Estate in the Metaverse Is Booming. Is It Really Such a Crazy Idea?
9.1.2022
Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland._____
The idea of spending thousands or even millions of dollars to buy fictitious “land” in a virtual world sounds, to be frank, absurd.
But in recent months, we’ve seen significant investments...
Samsung Reveals Virtual Store 837X in Decentraland Metaverse With NFT Badges and Theater
9.1.2022
After the electronics giant Samsung disclosed the firm’s upcoming 2022 smart televisions would boast non-fungible token (NFT) support, the company has revealed it has opened a virtual store inside the Decentraland metaverse. Modeled from the physical store Samsung 837, Samsung’s...
Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’
9.1.2022
On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI), sentiment shows “extreme fear” is in the air, and the CFGI score is a 10. The last time the CFGI score was this...
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
9.1.2022
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme
9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...
Paypal Coin: Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings
9.1.2022
Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc....
Veteran Trader Peter Brandt Shares ‘Sacred Trading Rule’ as Bitcoin Falls, Warns Against Buying the Dip
9.1.2022
Veteran trader Peter Brandt has shared “a sacred trading rule” he uses in response to a comment about buying bitcoin as the price of the cryptocurrency continues to fall. “Never add to a losing trade,” he affirmed. Peter Brandt Offers Trading Advice Veteran trader Peter...
5 NFT-based blockchain games that could soar in 2022
8.1.2022
NFTs look ready to rule 2022, and the recent pivot toward NFT utility in P2E gaming could make blockchain gaming this year’s sector darling
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance
8.1.2022
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed....