The government of South Korea has proposed an amendment to its tax code for allowing the tax authority in the country to seize and sell crypto that belongs to delinquent taxpayers. A government official said that the revision will enable direct seizing,…
Bitcoin surged 12% earlier on Monday, recording another high at $39,230. For now, the leading crypto attempts to break from a price zone that held it for about two months. Keep in mind that Bitcoin has traded in the $30,000 to $40,000…
This week is a big one for the tech industry, with some prominent companies to post their earnings report for the second quarter of 2021. The list includes Tesla, which is scheduled to do so after market hours on Monday. Investors are…
Convenience store chain Circle K in a press release announced to install multiple bitcoin ATMs in the stores. The statement was made after an agreement has been signed between both parties. The installation of new ATMs will be an addition to already…
A common similarity between the more traditional markets and that of crypto is that of the ‘extreme fear’ which seems to show itself every now and then. Most recently, this level of fear has been exhibited by numerous investors regarding Bitcoin (BTC)’s…
The new Bitcoin tender law introduced by the regime of one Nayib Bukele may be appreciated by some Salvadorians located near the Playa El Zonte beach, but a number of other citizens don’t feel the same way about it. As per the…
Although BTC (Bitcoin) is generally considered to be a stock of value by many people, a portion of the customers around the world may be thinking differently. It has been shown by the recent data that up to 46M people intend to…
The reporter allegedly claimed that Virgil Griffith is likely to spend two months in jail, as his case will be put forward to court for hearing in September. The Ethereum developer is accused of violating the security protocols of his bail and…
JPMorgan Chase is among those institutions that were so stiff and not caving in when the idea of cryptocurrencies first came into the market. There were those who didn’t appreciate nor acknowledged the digital financial revolution, but some of them are now…
There was a time when China was the main player when it came to crypto mining and especially Bitcoin mining due to the cheap availability of modern hardware and cost-effective electricity. China was the very center of Bitcoin mining. But all of…
Texas becomes the third U.S state to launch a crackdown against BlockFi. Even though regulatory authority is coming in, BlockFi’s plan to go legal remain unmoved. The recent crackdown will restrict BlockFi from offering interest account. Texas state regulatory authority declared BlockFi’s…
Di Lorio of the co-founders of Eethereum made headlines. His comments spread like fire and created chaos. In his recent interview, he told Bloomberg about his plans to exit the crypto market for good. This news came hard on the heels of…
Bitcoin network has acquired the latest all-time high node count for another time with having nearly half the number of all the nodes operating on Tor (a browser specifically manufactured for surfing the decentralized websites). The amount of the network nodes of…
For a long time, crypto is regarded as the asset class commodity rather than perceived as the payment method. However, this year has seen massive developments. As the result, new trends have emerged, crypto tokens are now accepted as a mode of…
Binance is the largest cryptocurrency exchange platform in the world by trading volume. However, the exchange giant has been facing issues with regulatory bodies in many countries at present. Binance has recently decided to halt the tokenized stock services recently. The tokenized…
Russian thinktanks over the crypto policies are already in talks with the various crypto mining groups including some of China’s largest crypto mining companies. One of Russia’s biggest blockchain brands is soon launching a global-scale project. This project will help Russia to…
The recently appointed secretary of Treasury Janet Yellen called for a meeting on the subject of stablecoins. She told the media last Friday that an interagency coordination and communication event is to take place to deal with the stablecoin projects. The President’s…
Binance is once again the media spotlight for all the wrong reasons. It is considered one of the largest crypto exchange platforms in the world. There are many critiques of Binance; however, two global payment giants have recently endorsed the crypto trading…
While the first cryptocurrency was introduced in 2009, cryptocurrencies truly stepped into the limelight in 2017 when Bitcoin reached its first peak. Since then, they don’t seem to be showing any signs of slowing down. Today, you will be able to find…
In recent times Stablecoins has emerged as the hottest crypto entity and thirsted over by investors. Nevertheless, this recent pursuit of popularity has caught the interest of regulatory and legislative bodies as well. The President’s advisory board on the financial market’s affairs…
