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Crypto Industry Fights Back Against EU 'Unhosted Wallet' Propaganda


  The global crypto industry is increasingly fighting back in response to regulatory proposals they consider harmful to the sector’s future development.  Following the unsuccessful campaign by some European Parliament members to ban proof-of-work (PoW) consensus protocol-powered cryptoassets,...

Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange


Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series...

India Confirms Discriminatory Tax Rate for Crypto Investors


  Starting April 1 this year, and despite the crypto sector’s efforts, cryptoasset gains in India will be taxed at 30% - the highest tax bracket, the nation’s Parliament confirmed today. In comparison to this tax, the tax rate on stock trading ranges from 0% to 15%. From now on taxed the same...

Coinbase Launches Cardano Staking with 3.75% APY


As a part of its plans to expand its staking portfolio, Coinbase will now allow users to stake Cardano. Staking is a standard method in the crypto space used for earning passive income from your digital asset holdings. A blockchain that uses the proof-of-stake model for validation will include your...

DigitThree Labs Partners with LCX Exchange for Proof-of-Concept Deal


LCX Exchange is partnering with DigitThree Labs to form a formal agreement for Proof-of-Concept. Through this partnership, LXC Exchange will drive forward its DGMV Authenticator, which is tentatively scheduled for a rollout in the coming days of 2022. Background LCX, as a platform, allows its users...

FTX Forms Strategic Partnership with Coinshares to Launch New Solana ETP


According to a blog post shared by CoinShares, the investment firm has joined hands with the popular crypto exchange platform FTX. To mark the integration, the firms will be jointly launching a Solana exchange-traded product carrying 1 million SOL in seed capital. This asset is physically backed...

Popular BTM Operator: Bitcoin of America Adds Dogecoin to Their Bitcoin ATMs


PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...

Robinhood Unveils New Debit Card That Promises Bonuses For Crypto Investments


  Amid an intensifying competition for customers, the US online trading platform Robinhood has rolled out a new cash card that offers various rewards to its users, including crypto bonuses, with a waitlist available to the platform’s customers. "The Cash Card builds on our mission to democratize...

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