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Leading Malaysian Bank Goes Bitcoin, Snaps up 19% Stake in Crypto Exchange


Kuala Lumpur, the capital of Malaysia. Malaysia’s top independent investment bank, the Kenanga Investment Bank, has announced that it has acquired a 19% stake in the domestic crypto exchange Tokenize Xchange. The trading platform is one of just three in the country to have received a digital asset...

IPOs, M&As, and New Token Sales To Bring Fresh Capital For Crypto in 2021


Few commentators have remarked on one big difference between the 2020 and 2017 bull markets: the fact that record bitcoin (BTC) prices weren’t complemented by a wave of high-profile initial coin offerings (ICOs). Unlike 2017, there were few notable ICOs that took advantage of heightened interest...

Spanish Tax Body Will Force Citizens to Declare Overseas Crypto Holdings


The Spanish Tax Agency – known in the nation as the Hacienda – has announced its intentions to step up its monitoring of crypto, and will move to force citizens and residents alike to declare their bitcoin (BTC) and altcoin holdings, even if those are held on overseas-based platforms. Per...

Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining


The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants. As reported late last month, the ministry, in conjunction with NAEC Energoatom –...

SEC Chairman On What Drives Bitcoin, Poker Players Cry For BTC + More News


SEC Chairman Jay Clayton. Source: Twitter, @SEC_News Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Current inefficient payment mechanisms are driving the rise of bitcoin...

Brace For More Bitcoin Flash Crashes In This Bull Market - Hut 8 Founder


Brace yourselves as more bitcoin (BTC) flash crashes are coming in this new bull market, a crypto investor and entrepreneur warned. “Too much leverage” on crypto derivatives exchanges combined with low liquidity levels and “inexperienced traders” crashed the market this past Sunday, according...

Another Major Conglomerate, Hanhwa, Takes its Place at the Crypto Table


South Korean business giant Hanhwa Group has made its first direct investment in a crypto-related firm – stumping up over USD 3.3 million in Series A investment in Xangle, an information-sharing platform for crypto companies. Per Fn News, the injection of funds has come from the group’s Hanwha...

South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto


Yang Kyung-sook. Source: Twitter, @yangkyungsook An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws. Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...

South Korea Developing Solution that Hunts Down Dark Web Crypto Deals


Source: Adobe/Антон Медведев A South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web. The move is a direct response to the Telegram Nth Room case, a rape and sexual exploitation video ring that has flummoxed police. Per New Daily,...

Constitutional Court to Rule on Legality of South Korean Crypto Ban


South Korea’s Constitutional Court is set to pass judgment on the legality of measures taken by the country’s government during its partial crypto crackdown of late 2017 to 2018. Seoul intervened with a series of emergency measures during the late 2017 bull run, which saw a massive spate of South...

Blue Beanie Day 2019


November 30th, the official "Blue Beanie Day," has come and gone. I'm not sure I ever grokked the exact spirit of it, but I've written about what it means to me. Last year: Web standards, as an overall idea, has entirely taken hold and won the day. That's worth celebrating, as the web would...

The Department of Useless Images


Gerry McGovern: The Web is smothering in useless images. These clichéd, stock images communicate absolutely nothing of value, interest or use. They are one of the worst forms of digital pollution because they take up space on the page, forcing more useful content out of sight. They also slow down...

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