Michael Saylor, the CEO of MicroStrategy corporation and one of the biggest Bitcoin advocates, has handed over his CEO role to his deputy personnel. Phong Le, the new CEO, has been serving as the co...
Tag: news
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies – Taxes Bitcoin News
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resultin...
Zipmex Resumes Some Altcoin Withdrawals After Suspending Withdrawals in July
Mainstream tokens, including bitcoin and ether, remain locked, but all Solana (SOL) tokens will be credited to investors’ trading wallets, Zipmex’s official statement wrote on Tuesday. The...
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bil...
The FOMO May Put an End to the Ethereum Rally Soon! What Next For ETH Price? – Coinpedia – Fintech & Cryptocurreny News Media
Following yesterday’s increase, the market is experiencing a slight correction, and the majority of coins are trading in the red. After Bitcoin’s (BTC) decline, Ethereum (ETH), has dropped 1 percent i...
91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140
The number of Bitcoin is becoming rare as only 9% is left to be mined for the next century, according to data from the Clark Moddy Bitcoin’s dashboard. Per the announcement from Bitcoin Magazine...
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry – Bitcoin News
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The profess...
Paystand Acquires Accounts Payable Startup Yaydoo
Marking its entry into the Mexican market, the US-based blockchain-enabled B2B payments company Paystand has acquired Mexican accounts payable startup Yaydoo, for an undisclosed sum, according to a re...
Robinhood’s Crypto Unit Slammed With $30M Fine
The digital currency arm of a commission-free brokerage firm, Robinhood Crypto, has been slammed with a fine of $30 million by the New York Department of Financial Services (NYDFS). The sanctions came...
Luxury Fashion Brand Gucci Now Accepts Payment in ApeCoin
Italian fashion brand Gucci has announced that it has started accepting ApeCoin (APE) as one of the payment options. According to the company, the addition of ApeCoin was made possible with the aid of...
SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding
MarqVision, a startup known for its Artificial Intelligence (AI) powered platform for helping firms maintain the integrity of their products, has announced it has raised $20 million in a Series A fund...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto len...
Singapore’s MAS to Open Public Consultation on Stablecoins Soon
Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations. Tharman Shanmugaratnam, Senior Minister and Mi...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
CoinGecko Study Shows Countries Most Interested in Crypto Since Market Crash
A new research survey published by crypto price tracker CoinGecko on Tuesday revealed the countries most curious about cryptocurrency since the crypto market crash. The research examined Google Trends...
New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms – Regulation Bitcoin News
New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on crypt...
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security – Regulation Bitcoin News
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguin...
PayPal shares up 15% as a string of good news cloaks Q2 loss
Shares of PayPal Holdings Inc (NASDAQ: PYPL) are up nearly 15% in extended trading on Tuesday even though the fintech company swung to a loss in its fiscal second quarter. Why are PayPal shares up aft...
Helium Founder Downplays Criticism – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Amir Haleem tended to analyze that the venture misrepresented associations with Lime and Salesforce by showing their logos on its site Helium, Inc announced it would rebrand as Nova Labs in March Both...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments – Bitcoin News
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integra...
Cybercriminals Plagiarize LinkedIn Profiles – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
North Korean hackers are suspected of copying resumes and LinkedIn profiles to land jobs The objective is to access these firms’ internal operations and gather intelligence North Korean hackers were t...
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist – Bitcoin News
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was...
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater – Defi Bitcoin News
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value lo...
CryptoPunk Sales Jumps 900% After Tiffany & Co. NFT News
The sales volume of the popular non-fungible token (NFT) collection, CryptoPunk, surged by nearly 1000% over the last 24 hours. According to data from CryptoSlam, an NFT aggregator that publishes sale...
DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High – Market Updates Bitcoin News
Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was...
Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’ – Economics Bitcoin News
While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to...
ETH Drops Below $1,500 as Prices Extend Recent Declines – Market Updates Bitcoin News
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lo...