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Wall Street Memes Launch Discord Hack Relief Fund to Compensate Victims of October Cyber Attack
10.11.2023
Friday, November 10, 2023 – In a huge move aiming to bolster support for the Wall Street Memes community, WSM have launched a Discord Hack Relief Fund that will seek to compensate victims from an October cyber attack. Submissions for compensation claims will be left open for a week until...
Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin
1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...
Is It Too Late to Buy GALA? GALA Price Soars 44% as New Crypto Casino Project Enters the Spotlight
27.10.2023
Gala Games (GALA) has undertaken an impressive relief rally as GALA price pushes up +44% in defiance of legal headwinds from bickering top brass. CEO Eric Schiermeyer and Co-Founder Wright Thurston are expected to lock horns in an unfolding legal drama stemming from allegations of misappropriated...
Devolver Digital Just Set A Precedent More Studios Should Follow
19.10.2023
Occasionally, in times of crisis, gaming studios and publishers have worked to raise funds for people in dire need of humanitarian aid. Last year, for instance, Cyberpunk 2077 developer CD Projekt Red contributed to a fund for victims of the war in Ukraine, and Fortnite publisher Epic Games...
India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO
22.9.2023
India's crypto industry may have to wait for up to two years for a more lenient crypto tax regime, as per domestic exchange WazirX's CEO.
Last year, Indian authorities introduced a 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, which led to a significant decline in trading...
Former Celsius Boss Alex Mashinsky Seeks Dismissal of FTC Lawsuit
13.9.2023
Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the FTC is not entitled to monetary relief and cannot...
Binance to Airdrop $3M in BNB to Users Affected by Morocco Earthquake
12.9.2023
Users who had verified their address details for Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of the token
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
6.9.2023
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65%...
Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
1.9.2023
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an average of 380.90 EH/s over the past ten days. After...
Crypto donations fund fire relief efforts on Maui
30.8.2023
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui
Property Behemoth Evergrande Seeks Chapter 15 Relief in US; This Shiba Inu Contender Appears As The Best Investment Launch in 2023
21.8.2023
Evergrande, a prominent player in the Chinese property sector, is seeking respite by initiating bankruptcy protection through a U.S. court filing. This strategic move invokes Chapter 15 of the U.S. bankruptcy code, reflecting a deliberate response to the financial challenges besetting the property...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
Crypto Companies in Japan Get Tax Relief Under Revised Rules
26.6.2023
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Binance CEO CZ deems SEC's request for emergency relief unwarranted
18.6.2023
Binance CEO Changpeng 'CZ' Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
14.6.2023
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Crypto Relief receives $100M from Vitalik Buterin & Sandeep Nailwal
9.6.2023
Crypto Relief, a community-run fund delivering relief, recently received a $100 million grant from Vitalik Buterin. This was announced by Vitalik while acknowledging that the project was jointly discussed with Sandeep Nailwal. Vitalik added that they agreed that follow-through funds were indeed...