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UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report
20.5.2022
The U.K.'s Financial Conduct Authority and Treasury will scrutinize the collapse of Terra's coins and factor that into its crypto regulatory package
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
BitcoinUSD․com Launches a Market Watch Site
18.5.2022
PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site...
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
18.5.2022
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
18.5.2022
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South...
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
17.5.2022
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins...
Miami and New York City coins tank despite Mayoral endorsements
17.5.2022
“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
14.5.2022
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germany The German Ministry of Finance announced Wednesday that it has published...
Red Bitcoin Markets, Dropped Luna Coins, Lost UST Pegs, and 20 Crypto Jokes
14.5.2022
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Read More: Red Bitcoin Markets, Dropped Luna Coins, Lost UST Pegs, and 20 Crypto Jokes
Wei Zhou & Joffre Capital Close Their Acquisition of Coins.ph
13.5.2022
Veteran tech executive Wei Zhou and buyout fund Joffre Capital closed their acquisition of Coins.ph earlier this month, the private equity firm has confirmed. Zhou will serve as CEO of the platform, an industry-leading fiat and crypto wallet service with over 16 million users in the Philippines...
Independent Russian News Site Meduza Raises Over $200,000 in Crypto
11.5.2022
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing...
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia
11.5.2022
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials...
New Coinbase Disclosure Reminds Users: 'Not your Keys, Not your Coins'
11.5.2022
Major crypto exchange Coinbase has issued a new disclosure regarding the legal claims of retail users in the event of a bankruptcy event.
In simple words, the disclosure to the US Securities and Exchange Commission (SEC) declared that Coinbase would have the right to hold crypto assets of...
3 Coins for Potential Future Growth: Logarithmic Finance, Cosmos, & Monero!
10.5.2022
Cryptocurrencies are all the rage right now, and for a good reason! These digital tokens have the potential to revolutionize how we do business and interact with one another. If you’re interested in getting in on the action but don’t know where to start, this blog post is for you!...
The Future of Utility Coins: Parody Coin, ApeCoin, & PancakeSwap!
10.5.2022
The crypto world has seen a surge in so-called utility coins, which all have different use cases, characteristics, and functionalities. This article will explore some of the main characteristics of utility tokens by examining Parody Coin (PARO), ApeCoin (APE), and PancakeSwap (CAKE). Parody Coin...
Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
8.5.2022
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped...
Bitcoin and Ethereum Nosedive, All Top 100 Coins in Red
6.5.2022
Bitcoin price failed to continue higher above the USD 40,000 resistance zone and started a fresh decline below the USD 38,500 support. BTC is down 8% in a day and is currently (04:01 UTC) consolidating near USD 36,500. It is also down 8% in a week....
Read More: Bitcoin and Ethereum Nosedive...
Top DeFi Coins 2022: Avalanche, Tezos, & Logarithmic Finance!
5.5.2022
To be a part of this era’s crypto explosion would be a dream come true. The cryptocurrency market is as enticing as it has ever been to investors, and the global movement is rapidly growing. Logarithmic Finance (LOG) is a new cryptocurrency with many goals, and it seems to be a viable...
Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says
30.4.2022
Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia...
There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits
29.4.2022
In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces...