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South Africa’s Tax Agency Adds Crypto to Compliance Programs


The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about...

US Share of World Economy Projected to Reach Historic Low


The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share...

How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1


The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners...

Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose


Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that...

Bitcoin ETFs Climb With $253M Inflows as Ethereum Funds Show Weakness


On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains...

TRAC and TAP Protocol: An Innovative Bitcoin Layer One Solution


Until recently, the Bitcoin ecosystem hasn’t seen much development. Now it is rapidly evolving, with numerous projects aiming to enhance Bitcoin’s scalability and functionality. In this early stage, there are many methods being tried out to expand Bitcoin’s rather limited capabilities from...

Analysts Consider These 2 Chains Might Become Ethereum Killers


ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to...

Phaver Is a Web3 Socialfi Super App


In an interview with Phaver’s CEO Joonatan Lintala and Ecosystem CFO Tomi Fyrqvist, we explore how this Web3-powered social platform aims to revolutionize social media by integrating blockchain technology and token-based incentives. Phaver’s Decentralized Social Media Puts Users in Control Phaver...

Jailed Binance Employee’s Bail Application Denied Despite Medical Needs


The judge in Abuja denied bail to Tigran Gambaryan, the jailed Binance employee and a U.S. citizen unlawfully detained in Nigeria. Despite meeting all the medical requirements for bail, the judge’s decision contradicts established Nigerian legal precedents. Gambaryan’s health...

Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark


Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last...

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