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Grayscale Fund Touts ETF Conversion as Price Discount Issue Solution


Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about...

US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments


A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts...

The Fear Factor: A Volatility Index for Crypto Arrives


As Coti ramps up efforts to bring a decentralized fear index to crypto, it has enlisted the help of Professor Dan Galai, one of the pioneering brains behind the Cboe Market Volatility Index (VIX), to help the organization develop a crypto-oriented version. VIX Co-Creator to Join Coti-Backed...

TCake.io - Tool for fhe Next Generation of Decentralized Finance


The text below is an advertorial article that was not written by Cryptonews.com journalists. To power the next generation of decentralized finance, TCAKE.io will provide users with cutting-edge trading toolkit for decentralized exchanges. If you are a regular user of Pancakeswap, BakerySwap...

Ciphertrace Report Shows Crypto Crime Moving to Defi


Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...

Bank of Israel Drafts Model of a Digital Shekel


The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...

Hungary to Cut Tax on Crypto Profits in Half, Down to 15%


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...

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