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Hong Kong-based Coinsuper allegedly blocks customers' withdrawals
7.1.2022
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
7.1.2022
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
Revest Finance Integrates Chainlink Price
7.1.2022
The integration of Revest Finance with Chainlink Price Feeds was announced by Revest Finance. Its team published a blog post to make the announcement. Revest Finance is looking to leverage the variety of features that Chainlink provides. It additionally considered the infrastructure of Chainlink...
Stream Coin (STRM) CEO Ends 2021 with Groundbreaking Announcements
7.1.2022
The end of 2021 marked the beginning of many ventures. STRM CEO Michael Ein Chaybeh ended the year with the first official video announcement from Stream. The video begins with a heartfelt thanks to the investors, the community members, and the Stream Team for turning the Stream Dream into...
NEURONET Is a Cryptocurrency Exchange That Has Brought About a Brand New Level to Artificial Intelligence with Its New Generation Crypto Token $NCH
7.1.2022
The group of NEURONET companies has announced its upcoming launch of their unique DeFi (Decentralized Finance) NEURONET.Exchange, which is entirely based on the use of artificial intelligence along with payment service and mining. All of this is done with its native token $NCH. The NEURONET...
Time to ‘Resolve All Crypto Issues’ Says Russian Parliament
7.1.2022
Russia’s parliament, the State Duma, has said that it wants to “resolve all legal issues with cryptocurrency” – by defining legal terms for cryptoassets, mining, and more. And the chief architect of crypto-related legislation in the country has noted that it is time for miners to start paying...
Investing in Play to Earn with Liberty Gaming Guild
7.1.2022
According to Newzoo’s report, the gaming industry is expected to generate revenues of $175.8 billion in 2021, representing a slight decline of 1.1% during the year. However, the slight decline in gaming industry revenues is no cause for concern. The report forecasted an unprecedented 2.96 billion...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value
7.1.2022
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows. Goldman Sachs’ Bitcoin vs Gold Prediction Goldman Sachs analyst Zach Pandl, co-head...
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period
6.1.2022
Customers of South Korea’s market-leading crypto exchange Upbit will be affected by a possible three-day outage over the Lunar New Year period as its banking partner K-Bank relocates its operations to a new headquarters....
Read More: Upbit Crypto Exchange Traders to Face Fiat Services...
Report: Pakistan Likely to Earn Billions From Cryptocurrency
6.1.2022
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves...
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
NASCAR Says No to “Let’s Go Brandon” Sponsorship
6.1.2022
According to a source, NASCAR refused the sponsorship with Xfinity Series driver Brandon Brown having Cryptocurrency as a part of a meme coin named LGBcoin. This meme coin refers to the Let’s Go Brandon. Brown did announce this no sponsorship deal by posting a video of the car on his social...
During April BTC Peak, 61% of Surveyed Financial Institutions Said Crypto Access 'Extremely' Important
6.1.2022
In the first half of last year, a robust 61% share of surveyed financial institutions considered access to cryptocurrencies “very” or “extremely” important to their corporate customers. This made crypto access the most cited financial services after payment acceptance, according to a survey...
xDollar Partners with Iotex to Power Web3 Currency and Cross-Chain, Interest-Free Loans
6.1.2022
IoTeX has announced a series of partnerships, and its fast-growing ecosystem in 2021 has seen projects on its platform increase exponentially from a couple dozen to over 126. As part of this ongoing growth, xDollar has announced its partnership with IoTeX to power Web3 money and non-custodial...
WazirX and Other Crypto Exchanges Under I-T and ED Scanners
6.1.2022
Cryptocurrency is largely unregulated. When it comes to the Indian market, then the country is a part of the side that is yet to regulate the digital currency and its exchange platforms. This has been mistaken or rather used as an excuse to miss out on paying GST and other applicable taxes. Even...
Crypto trades in Thailand now reportedly subject to 15% capital gains tax
6.1.2022
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty
Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains
6.1.2022
The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”
“Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...
Ethereum’s Dominance in DeFi Is ‘Far From Given,’ JPMorgan Says
6.1.2022
Ethereum is about to step into a phase of turbulence as its dominion over decentralized financing slowly fades. Experts from JP Morgan Chase believe that the coin’s countermeasures have been timed wrongly and would arrive after the damage is already done. The crypto leviathan lands such...
Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers
6.1.2022
Moneygram has completed an investment in cryptocurrency ATM operator Coinme. “At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency,” said the CEO. Moneygram Invests in Crypto Company Coinme Moneygram International...