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Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...
Staked ETH reaches 20M milestone, DigiToads sees an influx of new investors
1.7.2023
Ethereum is one of the most demanded and traded cryptocurrencies of all time. In 2022, the Ethereum blockchain comprised more than half of the global decentralized finance (DeFi) market. It recently achieved another milestone after the number of staked ETH tokens crossed 20 million. Another...
TMS Network is defining a different future, leaving BNB and Aave behind
1.7.2023
TMS Network is currently overshadowing BNB and Aave (AAVE). In its fourth presale stage, TMS Network (TMSN) boasts a 3900% value increase, amassing a fund of $6.2 million. This underscores TMS Network’s impending dominance and potential to transform the future of digital assets. Presale phase...
Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study
1.7.2023
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in Africa report. Africa’s Share of Global...
Celsius Network approved to convert altcoins into BTC or ETH
1.7.2023
The liquidations will pave the way for the distribution of the funds to creditors in the near future
Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
1.7.2023
So far they have accrued 2.65 BTC at an average price well under the current level of around $30,000 for 1 BTC
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
XRP trading volumes decline due to SEC debacle while InQubeta presale nears $1M milestone
30.6.2023
The cryptocurrency market is a dynamic and ever-changing landscape, with various digital assets vying for attention and investment. XRP, once a prominent player in the crypto space, has faced challenges recently due to its legal battle with the United States Securities and Exchange Commission...
Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair
30.6.2023
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while...
Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges
30.6.2023
Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine...
A look back into Arbitrum airdrop raises questions after Avorak AI analysis
30.6.2023
The Web 3 community has various airdrops, each with a promising future for its investors. Some of the airdrops rise and immediately fail in the next episode. Others emerge in the ecosystem, then click towards a developmental phase to maintain that era. Experts in blockchain technology believe there...
Will BlackRock’s ETF slingshot Bitcoin’s price skyward?
30.6.2023
Have the world’s largest financial firms finally “seen the light” with Bitcoin? Will demand outstrip supply, making a BTC price rise inevitable?
Web3 mass adoption: How Web3 can onboard the next billion users
30.6.2023
By conquering these hurdles, we can help kickstart mass adoption while still maintaining the original decentralized spirit of Web3
Aussies can win 1 of 3 Bitcoins
30.6.2023
Better Beer recently announced a partnership with CoinSpot for consumer competition. The treasure hunt-themed competition offers a chance for users to win one of the 3 Bitcoins. The prize pool for the event is 134,454 dollars and is exclusively available for Better Beer customers. According to...
SEC to present response to Coinbase’s legal defense on July 13
30.6.2023
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24
Coinbase Alleges SEC Lacks ‘Any Powers to Regulate Digital Asset Exchanges’ in Recent Filing
30.6.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has filed a 177-page answer to the complaint introduced by the U.S. Securities and Exchange Commission (SEC), where the agency states the company was involved in the illegal brokerage of securities. Coinbase alleges that...
South Korea passes cryptocurrency bill to tackle unfair trading
30.6.2023
South Korea's crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading
Ethereum vs VC Spectra: Assessing the potential of SPCT with Avalanche’s soaring market position
30.6.2023
Ethereum (ETH) has witnessed frequent market corrections as volatility shakes the crypto realm. However, Avalanche (AVAX) has continued to rise due to its robust fundamentals and positive investor sentiment. On the other hand, VC Spectra (SPCT) has demonstrated its utility and massive potential...
United States of Crypto calls for an update
30.6.2023
Impact Research recently conducted a study on behalf of Coinbase, revealing the sentiments of Americans toward cryptocurrency and blockchain. A brief explanation is that the people in the US find the aging financial system outdated. They majorly see crypto and blockchain as something new that will...