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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders
29.3.2022
Although Huobi Tech shares a common name with the popular crypto exchange platform Huobi Global, it has no relation with the crypto firm and works independently
KuCoin Releases KCS Whitepaper, Reveals the 20 Million KCS Burn
29.3.2022
The world-leading KuCoin exchange has released an updated version of Whitepaper, co-developed with the KCC decentralized chain and KCS Management Foundation. The new document provides details about the KCS Foundation and KCC Ecosystem and the distribution of KCS tokens for incentivizing users...
Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%
29.3.2022
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
29.3.2022
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto
29.3.2022
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework...
Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months
29.3.2022
On March 28, the Crypto Fear and Greed Index has jumped back to the “greed” position for the first time in four months. The last time the index reached the current position was when bitcoin reached a high of $69K per unit last year on November 10. Crypto Index Dedicated to Emotions...
Impostors Make Deep Fake Videos of Ordinary 'More Believable' People to Promote Crypto Scams
29.3.2022
Scammers are impersonating anyone from influencers to high-profile crypto figures using deep-fake technology in a bid to steal crypto from unsuspecting victims -- however, they now seem to have focused on impersonating regular people as they are "more convincing" tools.
Most recently, Miranda...
Mark Karpeles announces commemorative NFT drop for Mt. Gox users
28.3.2022
“Owning a Mt. Gox NFT proves you’re OG... you were there in the early days of Bitcoin, and now you can prove it on the blockchain," said the project's whitepaper
Russia Looks to Bolster its Bitcoin & Crypto Mining Industry Amid War in Ukraine
28.3.2022
Russia appears keen to foster its Bitcoin (BTC) and crypto mining sector – and appears to have assured miners that sanctions, imposed due to Russia's invasion of Ukraine, will not impede their ability to continue mining tokens. However, the long legal struggle for legalization is continuing...
Nirvana – A Protocol Design for a Sustainable Store of Wealth
28.3.2022
What is Nirvana? Nirvana is a decentralized reserve currency on the Solana network. The platform’s native token is ANA. The token is defined by a degree of stability that makes it ideal as a store of wealth. The Nirvana protocol is a fully decentralized, trustless, and autonomous protocol....
The Battle of the Tokens! Firepin, Dogecoin, and Ethereum
28.3.2022
Many crypto millionaires were only created in 2021. Several NFT ventures sold for millions of dollars. So, if you are thinking to yourself, “Can crypto make me rich?” Well, the answer is yes, but identifying the next great millionaire enterprise is far more difficult. Firepin (FRPN)...
Quidax Unveils One of Africa’s Biggest Music Producers as Its Brand Ambassador and Announces the Launch of Its Crypto Academy
28.3.2022
PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange, Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall. The campaign...
Filecoin (FIL) Breaks Out of Its Downtrend Movement!
28.3.2022
Filecoin is a classic example of utilizing blockchain technology and its security advantages to solve a basic problem. The founder of Filecoin, being a computer science scientist who graduated from Stanford, was critical in the development of such a cryptocurrency. Juan Benet founded Protocol Labs...
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
28.3.2022
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of...
Crypto Industry Fights Back Against EU 'Unhosted Wallet' Propaganda
28.3.2022
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,...
The UK Set to Announce Favorable Crypto Regulations in Weeks - Report
28.3.2022
The UK government is reportedly slated to reveal its crypto regulatory framework in the coming weeks, and it will include a special focus on stablecoins, per anonymous sources cited by CNBC.
British Finance Minister Rishi Sunak is expected to make the announcement, CNBC reported, citing four...
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...
US Senators Working on Broad-Based Crypto Regulation
28.3.2022
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce...
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days
28.3.2022
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped...
What is a cryptocurrency mixer and how does it work?
27.3.2022
This guide will explain how cryptocurrency mixers and Bitcoin tumblers mix potentially traceable coins, making it harder to track transactions