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Australian Bitcoin Trader Sues Banks for Systematic Discrimination


An Australian bitcoin trader has filed a lawsuit against two of the country’s biggest commercial banks, accusing them of systematic discrimination when they closed his accounts on short notice. Allan Flynn is demanding compensation of AU$250,000 ($193,000) from ANZ and Westpac banks...

Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India


A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers...

South Korean Government to Start Taxing Crypto Trading Profits in 2022


The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...

FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges


The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets. FinCEN’s New Crypto Rules FinCEN,...

GIFS and prefers-reduced-motion


The <picture> element has a trick it can do where it shows different image formats in different situations. If all you are interested in is formats for the sake of performance, maybe you’d do: <picture<source srcset="img/waterfall.avif" type="image/avif"<source...

cookieStore: Async Cookie API


One pattern in the JavaScript API world that web development veterans will notice is that we’ve been creating new methods to accomplish what older, grosser APIs once achieved. XMLHttpRequest became the fetch API, some APIs like Battery became async, and there are dozens of other examples....

No Plans to Sell Bitcoin ‘On Short Notice,’ MicroStrategy CEO Confirms


Despite worries in the cryptoverse that the US-based software firm MicroStrategy might not be such a strong holder of bitcoin (BTC) as many had hoped, the company’s CEO said that he has been misrepresented by the media, and that he has no intention of selling bitcoin “on short notice.” The...

Russia Blocks Cryptocurrency Websites Ahead of Regulation


Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...

New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund


The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...

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