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Interoperable QR Payments Reach Record Number in Argentina
12.10.2022
Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges...
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
12.10.2022
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure...
Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation
12.10.2022
Google Cloud has announced a partnership with Coinbase to drive Web3 innovation that includes using the crypto exchange to accept cryptocurrency payments. “We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions...
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...
Mass adoption will be terrible for crypto
11.10.2022
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape
Shiba Inu and Bone ShibaSwap Whales Moving Price Action As The Hideaways (HDWY) Gain 450%
11.10.2022
Shiba Inu (SHIB) and its governance token, Bone ShibaSwap (BONE), are seen swimming with the whales after massive price drops in September. SHIB regained its spot as the most widely held cryptocurrency among the top 100 Ethereum whales. On October 6, BONE experienced a sharp increase of 205%...
Portugal Makes U-Turn On Crypto-Friendly Taxes
11.10.2022
Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year....
Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes
Leverage The Current Bear Market To Purchase Moshnake, Cardano, And WazirX For Cheap
11.10.2022
The current cryptocurrency bear market has been harsh, no doubt. However, many crypto enthusiasts see it as a perfect time to buy more crypto—like the new cryptocurrency, Moshnake (MSH) — in preparation for the good days ahead. Moshnake is coming to the crypto coin market with special offerings...
IPA Approval Enhances Coinbase’s March Towards Crypto Economy
11.10.2022
Coinbase has received In-Principle Approval to act as a Major Payment Institution and offer regulated Digital Payment Token services & products. The In-Principle Approval has been granted by the Monetary Authority of Singapore, allowing the venture to strengthen the fintech position...
Will Dogecoin be Able To Sustain After Big Eyes Coin’s Unprecedented Presale Success?
11.10.2022
Meme coins have proved to be valuable in the past. One clear example is Dogecoin’s (DOGE) phenomenal numbers in May 2021. The coin that was launched as a joke has made millions of dollars for many investors. And the biggest cheerleader was Elon Musk. He pumped the token to a level that it...
Portugal proposes 28% tax on annual crypto trading profits next year
11.10.2022
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition
Ripple (XRP), Dogecoin (DOGE), and Snowfallprotocol.io (SNW) Dead Set to Breach the $1 Mark?
11.10.2022
Almost every crypto investor who missed the big train that was bitcoin keeps searching for the next big break that can turn them into a crypto millionaire. The trick is to find a crypto token early in its growth trajectory and latch onto it for the bumpy ride. And yes, you can bet your top …
Spanish Crypto ATM Company Bitbase Eyes European and Latam Expansion
11.10.2022
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain...
Billionaire Paul Tudor Jones Expects Bitcoin Price to Be ‘Much Higher’ Than Today
11.10.2022
Billionaire hedge fund manager Paul Tudor Jones says cryptocurrencies, specifically bitcoin and ethereum, will be “at a value much higher than where we are today.” Confirming that he still owns bitcoin, the famed hedge fund manager revealed that he “always” has a small...
Customer support staff swamped during market swings — exchange execs
11.10.2022
Binance Australia's CEO says it is imperative that customer support is ready for a large influx of customer inquiries at any moment
Sam Bankman-Fried announces efficiency updates to FTX
10.10.2022
The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO
Venom Foundation Is Boosting MENA Crypto Adoption
10.10.2022
Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
ZebPay Applies for Regulatory License in Singapore, Plans for UAE
10.10.2022
ZebPay, an India-focused cryptocurrency exchange, recently applied for an operational license in Singapore. The platform has also planned to perform the same in the United Arab Emirates. The development comes to light amidst a sharp trading volume dip, which goes as high as 90%. The move is viable...
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
10.10.2022
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale...