Search
African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela
25.4.2021
A Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, will initially feature the works of Rich Allela, the award-winning photographer...
Japan's Biggest Indie Game Event Will Be Held This September In-Person
20.4.2021
BitSummit, Japan’s biggest indie game event, will be held this September in Kyoto. It will, however, not be open to international attendees, but rather, only Japan residents.Read more
Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing
11.4.2021
Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing...
South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
10.4.2021
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. Government...
GBTC Holder Says Not Enough Being Done to Eliminate Discount on Shares— Proposes an Alternative Solution
9.4.2021
A privately-held investment firm from Chicago, Marlton Partners, has urged Grayscale Investments to embrace the modified Dutch auction tender offer for GBTC shares. According to Marlton, such a tender offer “would materially narrow — if not eliminate — the discount to net asset...
SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million
3.4.2021
After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock...
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African...
The promise of smart contract adoption is held back by crypto silos
29.3.2021
Smart contracts present one the most promising tech solutions for business, but there are still barriers that have to be addressed
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says
19.3.2021
Kraken's head of growth, Dan Held, thinks Bitcoin could reach $1 million within the current market cycle
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
18.3.2021
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental...
South African Exchange Ice3x Suspends Trading After Noting Discrepancies in Balances of BTC and LTC
18.3.2021
A South African crypto exchange, Ice3x, suspended trading on its platform on March 16 after noting discrepancies in balances of bitcoin and litecoin held on the platform. At the time of writing, the exchange had not revealed the cause of the mismatches in balances or when it expects trading...
South Koreans Warned to Pay Tax on Crypto Held on Foreign Exchanges
18.3.2021
South Korea’s National Tax Service (NTS) is on the warpath – and has crypto firmly in its sights.
Fresh from swooping on over 2,400 individuals it said have sought to conceal their earnings by buying cryptoassets like bitcoin (BTC) and ethereum (ETH) – in some cases seizing crypto and freezing...
Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages
16.3.2021
A massive police operation took place in Istambul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment...
The number of BTC held on exchanges crashed 20% in 12 months
8.3.2021
Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
8.3.2021
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would...
Coinbase has held Bitcoin on its balance sheets since 2012
25.2.2021
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries
Elon Musk Urges Dogecoin Whales to Dump Their Coins — Even Offers to Pay Them
16.2.2021
Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. He will give his full support if they sell most of their coins, and will even pay actual money for them to destroy their coins in some provable fashion. Some believe that major […]