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Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
29.5.2021
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers...
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
VCs back Balancer with $24.25M investment
27.5.2021
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again?
Andreessen Horowitz leads $40M investment round into crypto-trading platform
27.5.2021
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission
Chinese Traders Still a Major Influence the Crypto Market, According to Experts
27.5.2021
Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting...
Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
25.5.2021
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators...
Bitcoin price must now hold this key level to regain $40K
25.5.2021
Will $37,000 hold for more upside in the near term for Bitcoin?
Bison Trails and Volt Capital bring 'secure staking' to Celo network
25.5.2021
“Bison Trails is committed to the growth of the crypto ecosystem and innovative networks like Celo,” said Joe Lallouz, CEO of Bison Trails
BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run
24.5.2021
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears have managed to take the reigns for […]
Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators
21.5.2021
According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are...
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
18.5.2021
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated
Iranian Tax Agency to Profile Owners of Cryptocurrency Exchanges
16.5.2021
Cryptocurrencies have been a cause for concern in Teheran as the digital assets have attracted capital from other, traditional markets. The parliament’s leadership has now asked the tax agency to profile the owners of Iranian platforms facilitating cryptocurrency trading and report to...
Delphi Digital forms $5 million NFT investment ‘syndicate’
14.5.2021
The new investment wing will focus on NFTs and NFT infrastructure
Capture the industry? Token IPOs aim for $200T global capital market
14.5.2021
Security token issuers say the STO market needs greater liquidity to make a significant dent in the $200-trillion global capital market
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital
13.5.2021
Ethereum now accounts for 19.2% of the overall cryptocurrency market whereas Bitcoin dominance has fallen to 40.7%
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
13.5.2021
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U.S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. Facebook-Backed Stablecoin Has New Launch Plan...
NFT game developer Animoca Brands completes capital raise at $1B valuation
13.5.2021
NFT game developer Animoca Brands is claiming the status of crypto’s latest unicorn after raising almost $89 million at a $1 billion valuation
Funding Roundup: Fresh Capital Aims to Advance Blockchain Product and Service Capabilities
13.5.2021
Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives...
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...