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South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
The one game rating problem you really don't want to have
12.5.2021
and how to avoid it. Possibly. Hopefully!
Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’
4.5.2021
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission...
Why Cryptocurrencies are Plummeting? How to Avoid Risks?
23.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
On 23rd April, Bitcoin fell to 50,000 USD, reaching a record low in these few months. In only one day, Bitcoin, which once stood at a height of 64k USD, fell more than 10k USD, a drop of more than 16%.
In...
Collect Taxes More Effectively to Avoid ‘Debt Trap’ Chaos, Warns IMF
6.4.2021
The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf
Global financial chiefs have suggested that they may look to more aggressive tax collecting measures in advanced economies as a means to dig the world economy out of a “disturbing” impending coronavirus...
With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to the IRS
1.4.2021
The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes...
Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
24.3.2021
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid...
US Authorities Indict a Canadian Telecom Provider in a Crypto Money Laundering Case With Encrypted Phones
23.3.2021
A communications provider is in legal trouble with the U.S. authorities for a money laundering case involving cryptocurrencies. A federal court incited Sky Global for allegedly having facilitated criminal organizations to launder millions worth in crypto. Sky Global Is Also Accused of Remotely...
100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC
12.3.2021
Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned...
Pro traders avoid Bitcoin longs while cautiously watching DXY strengthen
8.3.2021
Large corporations are buying Bitcoin at an accelerating pace, but pro traders are reluctant to open BTC longs while the dollar index strengthens
Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions
5.3.2021
The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for the state to venture into cryptocurrency. The exclusive report emphasizes the need for cryptocurrency adoption and setting up mining in the region to boost revenue generation. The strategy thinktank...
Destiny 2 Players Are Jumping Off Cliffs To Avoid Playing Trials Of Osiris
22.2.2021
It happened to me: I was looking for groups on the Destiny 2 app to play Trials of Osiris with, joined one, and then found myself jumping off a clif for the next few minutes in a tribute to just how unfun the game’s competitive PVP loot grind can be.Read more
OKCoin Delists Bitcoin Cash, Bitcoin SV to Avoid ‘Misleading’ New Bitcoin Clients
19.2.2021
It became a choice between protecting Bitcoin’s open-source ethos or championing free-market fundamentals. In the end, community won out
Avoid hosted crypto wallets 'at all costs,' warns Elon Musk
10.2.2021
One crypto wallet provider’s marketing interaction with Elon Musk has backfired with the Tesla CEO roundly criticizing the company
Cyberpunk 2077 Players Warned To Avoid Mods After Security Exploit Found
3.2.2021
Cyberpunk 2077 developers CD Projekt Red have had to issue a warning today that anyone deciding to install a mod for the game should “use caution” after a security issue was discovered.Read more
Programmer has two password guesses left before losing $266M in Bitcoin
14.1.2021
The perils of inaccessible digital wealth — potentially lost forever — are being all the more keenly felt during the 2021 bull market
Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
7.1.2021
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting...
Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes
13.12.2020
A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion...
How To Avoid Burnout And Finish Any Open-World Game
8.12.2020
Do you ever feel like there are too many open-world games, and too many of them take up too much time? Just consider some offerings from this year alone. There’s Ghost of Tsushima, the gorgeous samurai action game, which can take you more than 60 hours to check off every objective. Ubisoft released...