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Visa Moving to Integrate With Digital Currency Platforms


Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...

Angry South Korean Crypto Traders Threaten to Quit over New 20% Tax


Active crypto traders in South Korea said they are prepared to walk away from the scene forever – slamming “unfair” 20% crypto trading tax law proposals unveiled by the government earlier this week. It is a sign, perhaps, of what traders in other nations will have to deal with in the near future...

pNetwork Launches Yield Farming Programme, Steroids


The pNetwork, the decentralised ecosystem backing the cross-chain pTokens solution, has announced the launch of its yield farming programme, Steroids. The programme will run for a period of one month and will award Uniswap liquidity providers with up to 10% monthly interest, distributed in pNetwork...

New Russian Law Bans Bitcoin Payments for Goods and Services


Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

It Might Be 'too Early to Celebrate' Russia’s New Crypto Law


Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin. A local expert has hinted that when policymakers decided to divide the “On Digital Assets” bill into two, they...

'A New Class of Attack' In Crypto Is 'Actively Exploited' - Research


The crypto market went through one of its wildest rides with the March market crash, among other events seeing a so-called "zero-bid" attack on MakerDAO, a decentralized lending facility built on the Ethereum (ETH) blockchain and the creator of the DAI stablecoin. A recent research...

Twitter Hack Victims Face New Personal Data Breech Threats


Attackers who collected bitcoin (BTC) 13.14 – worth about USD 120,000 – on July 15, from the largest hack in Twitter’s history, are believed to have accessed direct messages boxes of 36 users, including an elected Dutch official, and downloaded “Your Twitter Data” from eight accounts. The company...

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law


South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

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