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South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
2.9.2021
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...
Pantera-backed Braintrust launches token on Ethereum mainnet
1.9.2021
Since inception, the project has raised a cumulative $31 million from investors, which include some of blockchain’s biggest venture funds
Evrynet's $7M raise highlights institutional appetite for DeFi
1.9.2021
The market for decentralized finance continues to expand rapidly. With over $155 billion in total value locked, DeFi is becoming more attractive for institutional investors
Lithium Finance Collaborates With Pantera Capital to Price the Unpriced
1.9.2021
Lithium will now receive pricing data from the top crypto VC and investment fund on illiquid or private assets. The early-joiners of blockchain domains, such as blockchain companies, will get help from this pricing feature. This collaboration is the result of Lithium’s plan to push fiat assets...
a16z shines the spotlight on DAOs by leading Syndicate’s Series A
31.8.2021
Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
31.8.2021
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify...
Three Arrows Capital execs launch NFT fund
31.8.2021
The new fund, Starry Night Capital, plans to exclusively invest in “the most desired” NFTs on the market
Anarchist Bar in Brussels Now Accepts Cryptocurrency
29.8.2021
A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say. Dolle Mol Bar on Rue...
Billionaire Simon Nixon's venture capital to increase crypto allocation
26.8.2021
A new report suggests that 4% of the total Bitcoin supply, — 816,379 BTC — is owned by 14 Bitcoin fund issuers and asset managers
Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin
26.8.2021
Three Arrows Capital CEO Su Zhu is bullish on Dogecoin because it's easy to understand and captures the attention of “blue-collar traders.”
Mark Cuban-backed Alethea AI closes $16M private token sale
24.8.2021
Venture funds and other strategic investors have recognized the value proposition of NFT marketplaces. Some of blockchain’s biggest investors are behind the Alethea AI token sale
NFTpad and Magnus Capital Announce Strategic Partnership
24.8.2021
The ecosystem of the NFTPad has a new entrant in the form of Magnus Capital. This will add to the capabilities of the NFTPad platform and help accelerate its growth among the target audience. The integration is also important for Magnus Capital, which has been investing in blockchain technology...
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
23.8.2021
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets
Digital payment ecosystem MobileCoin raises $66M
18.8.2021
Venture capital continues to back promising blockchain and crypto plays. Some of the industry’s biggest investors participated in MobileCoin’s Series B
Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’
18.8.2021
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall...
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
London Capital Group Fined By Cypriot Authority
17.8.2021
The forex brokerage firm, London Capital Group (Cyprus) Ltd, is facing tough times. The London-based broker’s Cyprus business received a fine of EUR 40,000 as punishment. In a judgment made public on Friday, the Cyprus Securities and Exchange Commission (CySEC) levied an administrative...
Tiger Global backs $24M funding round for blockchain security firm CertiK
17.8.2021
The security company has now raised $61 million in two months and over $70 million since inception. Coatue Management, Shunwei Capital and Coinbase Ventures are among CertiK's early backers
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
15.8.2021
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...