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Candidate for Mayor Promises to Make NYC the Most Cryptocurrency-Friendly City in US
3.9.2021
Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption. Mayoral Candidate Plans to Turn...
$2 Billion Crypto Fraud Bitconnect and Founder Charged — Director Pleads Guilty to Criminal Charges
3.9.2021
The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. In a parallel enforcement action, a Bitconnect director and top promoter has pleaded guilty to criminal charges in the U.S. “The Bitconnect scheme is believed to be the largest cryptocurrency fraud...
Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals
2.9.2021
Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year alone, crypto addresses based in the region have sent the fraudulent schemes a staggering $815 million in crypto. Eastern Europe Leads by Volume...
ShapeShift open-sources its upcoming version 2 platform code
2.9.2021
The Erik Voorhees-led company is making strides to fully decentralize its corporate structure. In July, ShapeShift announced the largest airdrop in history as part of its decentralization pledge
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
2.9.2021
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan....
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
2.9.2021
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...
Why Should You Take a Look to Leverage and Derivates Markets?
2.9.2021
With an ongoing heated bull market, you’ve likely heard about leverage and derivative markets but may be lost on what they actually are. Derivative markets allow traders to trade a secondary contract that derives its value from the underlying asset. For many traders, the volatility involved...
OpenOcean Integrates Chainlink Price Feeds
2.9.2021
OpenOcean, the foremost complete aggregation protocol in the world, has decided to enter into a collaboration with Chainlink Price Feeds, according to Chainlink forecast reports. The integration is for the orderly organization of limit order swaps on the blockchain networks of Ethereum, Polygon...
Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business
2.9.2021
This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash,...
Asia NFT and DeFi Conference to Be Organized in September 2021
2.9.2021
The event is going to be the foremost 3D online conference for the markets of DeFi and NFT, according to the latest Crypto Events. It is going to be held by CC Global and The Blockchainer with support from the American Blockchain & Cryptocurrency Association (ABCA), Hong Kong Blockchain...
Changes in Fee Structure by Bitmex Exchange to Increase Crypto Trading
2.9.2021
BitMEX is one of the top-tier P2P cryptocurrency exchanges headquartered in Seychelles. It has strategically revamped its core fee structure to keep pace with the fast-developing cryptocurrency market space. According to the announcement, the altered Taker Fee on BitMEX exchange is 5bps (0.05%)...
Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat
2.9.2021
An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future....
Gluwa Joins with Consensys’ ITX for 15% Cheaper Transactions
2.9.2021
Technological advancement, be it a finance sector or any other, has impacted various platforms. While some platforms constantly try to upgrade their current functionalities, some innovative contributors strive to take their activities to an altogether new level. Such companies are known to leave...
Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
2.9.2021
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners...
US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year
2.9.2021
A crypto survey of U.S. consumers, commissioned by regulated crypto platform Bakkt, shows that nearly half of all respondents said they invested in cryptocurrencies during the first half of the year. Nearly Half of US Consumers Invested in Crypto During the Past 6 Months, Study Shows A survey...
Bitcoin Law Critic Mario Gomez Arrested in El Salvador Without Warrant
2.9.2021
A vocal critic of the upcoming bitcoin law in El Salvador, Mario Gomez, was briefly detained Wednesday. According to reports, he was arrested without a warrant. Critic of El Salvador’s Bitcoin Law Arrested An IT specialist and founder of Hackerspace San Salvador, Mario Gómez,...
Mayoral candidate pledges to make NYC 'most cryptocurrency-friendly city in the nation'
1.9.2021
Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets
Fractionalizing the Doge NFT, Cryptopunk 543 Gets Chopped and Sold for $1 per Share
1.9.2021
This week a project called Pleasrdao announced that a notable Doge non-fungible token (NFT) that sold in June 2021 for 1,696.9 ether or over $3.6 million at the time of sale, will be fractionalized. At the time of sale, the Doge NFT was a historic sale and the NFT’s owner wants others...
Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH
1.9.2021
FTT price soared to a new all-time high after FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships
Twitter Rolling Out Bitcoin Tipping Feature, Latest Code Update Suggests
1.9.2021
Twitter is reportedly testing the option of tipping with bitcoin as part of its “Tip Jar” feature. This followed the company’s CEO, Jack Dorsey, stating that bitcoin is a major part of Twitter’s future, hinting that the cryptocurrency will be part of several upcoming...