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Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases
7.5.2024
The Canada Revenue Agency is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors.
The post Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases appeared first...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...
Here’s How Bitcoin Miners Performed Last Month After The Halving
7.5.2024
Bitcoin miners are down but not out after the halving, netting significant revenue from transaction fees last month.
The post Here’s How Bitcoin Miners Performed Last Month After The Halving appeared first on Cryptonews
Final Fantasy XIV Suffers DDoS Outage As Devs Work On A Fix
6.5.2024
Players are currently having a tough time logging into Final Fantasy XIV after the MMORPG was hit with DDoS attacks on May 6. Square Enix has acknowledged the issue but hasn’t yet updated fans on when the outages will be fixed. Read more
FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763% Returns
6.5.2024
The crypto token for exclusive new decentralized social media platform Friend.tech has taken a sudden hit of 4.3% in the last hour as various other leading cryptocurrencies also begin posting red candles.
The post FRIEND Is Down 6.3%, But Experts Say New Dog-Themed Crypto ICO Can Offer 1,763%...
Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded
6.5.2024
Jack Dorsey has stepped down from Bluesky's board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter.
The post Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded appeared first...
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
2.5.2024
Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed
DOGE Price Is Up 7%, Holders Venture Into New Dog-Themed ICO, Looking For 1,121% returns
2.5.2024
Original meme coin Dogecoin ($DOGE) has risen 7% in the last 24 hours to become one of the fastest recovering cryptocurrencies following a brief market crash this week. DOGE currently trades for $0.1317. That’s about 12% down from where it was this time last week, making the world’s...
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
The post Bitcoin Traders...
Bitcoin traders set $50K price target after BTC falls below key support level
1.5.2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
1.5.2024
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000
Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This New GambleFi Token
1.5.2024
The token for storage coin project Arweave (AR) has shed 18.7% overnight, taking some of the heaviest losses amidst a market-wide crash that has dragged market leader Bitcoin's (BTC) price down by 7%.
The post Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Vitalik Buterin breaks down ‘Binius’ as a way to speed up zero-knowledge proofs
1.5.2024
The Ethereum co-founder expects “many more improvements” in binary-field-based proving techniques in the months ahead
Breaking down the numbers: Can Bitgert coin achieve $0.0001?
30.4.2024
Bitgert growth has brought positive speculations on it as many have predicted several possible price marks for it to reach. However, it seems common ground has been reached by several analysts that there is a possibility of a Bitgert coin hitting $0.0001. A lot of factors contribute hugely to...
Is Optimism Going to Zero? OP Price Drops 4%, While Experts Are Stocking Up On This New GambleFi Token
30.4.2024
The native token for Ethereum Layer 2 scaling solution Optimism (OP) has fallen 4% in the last 24 hours amidst a market-wide pullback that has hit Layer 2 tokens the hardest. Optimism currently trades at a price of $2.39. This is down about 1% in the last hour. It also represents a 3.7% dip both...
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns
29.4.2024
Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week
Austria’s NOYB Files Privacy Complaint Against OpenAI’s ChatGPT
29.4.2024
According to the Austrian privacy advocacy group, the complainant's requests for the OpenAI chatbot to remove or amend the inaccurate response were turned down. Further infringing on the complainant's right to privacy, ChatGPT informed the subject that data modification was not feasible on the...