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Japanese Crypto Industry Urges Tokyo to Reform Tax Laws
6.8.2022
Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries.
The proposals come from the Japan Cryptoasset Business Association (JCBA) and the Japan Virtual Currency Exchange Association...
Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks
6.8.2022
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising...
Crypto Biz: Gucci ‘apes’ into crypto
5.8.2022
The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay. Meanwhile, Michael Saylor has a new job
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
5.8.2022
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege...
Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation
5.8.2022
The website “toggled off” double-counting after CoinDesk uncovered one Solana developer’s effort to dupe the all-important metric for popularity in DeFi
Crypto Needs a New Narrative This Winter
5.8.2022
2 metrics signal the $1.1T crypto market cap resistance will hold
5.8.2022
Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether's premium in Asia and futures markets activity show buyers lacking confidence
The Price for Crypto’s Recovery: A New Narrative
5.8.2022
Crypto Lender Voyager Digital to Reopen Cash Withdrawals Next Week
5.8.2022
The bankrupt lender had received court approval to return $270 million to its customers
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
5.8.2022
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous...
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
5.8.2022
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: WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday
5.8.2022
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta...
Crypto’s Future Depends on Security, Ledger Exec Says
5.8.2022
Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover,” to discuss Solana’s $5 million exploit and what crypto needs to do to broaden adoption
US lawmakers request crypto firms provide info on diversity and inclusion
5.8.2022
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
5.8.2022
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56
Indian Government Raids Director of Binance-Owned Crypto Exchange WazirX, Freezes $8.14M
5.8.2022
The Directorate of Enforcement (ED) has seized bank assets belonging to crypto exchange WazirX in light of a government probe
Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens
5.8.2022
Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee, has asked 20 of the largest cryptocurrency firms doing business in the U.S. to explain their hiring practices as the panel adds the digital assets industry to the financial sectors it’s questioned about...
Understanding Both Sides Of The Crypto Coin
5.8.2022
Crypto is an asset class that forces a new set of considerations on all participants. Viewed as a financial symbol, it looks like anything else with a price chart. Consider it a social technology; some could justifiably regard it as an existential threat to what we call “business...
Global Professionals Increasingly Interested In Bitcoin & Crypto Payments - Report
5.8.2022
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel.
In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from...
Bitcoin Creator Craig Wright Emerges Victorious in Defamation Suit Against Crypto Blogger Peter McCormack
5.8.2022
It has just been over half a year since Bitcoin creator Craig Wright, more famously known for his pseudonym Satoshi Nakamoto as the author of the Bitcoin whitepaper, won the Kleiman v Wright trial. Dubbed as “the trial of the century,” the brother of Wright’s late friend David Kleiman attempted...