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WonderFi Acquires Canadian Exchange BitBuy, Aims to Become Largest BTC/CAD Market
25.3.2022
A planned acquisition of the Canadian crypto exchange Bitbuy by the publicly-traded software company WonderFi was closed on Thursday, after the deal was delayed for months due to “major hurdles” by regulators.
Following the completion of the acquisition, the merged company will get “a leading...
Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance
25.3.2022
Bitcoin-only exchanges explain that selling altcoins is an attractive business model that sidesteps far greater long-term benefits for society, such as greater freedoms and financial prosperity
India Confirms Discriminatory Tax Rate for Crypto Investors
25.3.2022
Starting April 1 this year, and despite the crypto sector’s efforts, cryptoasset gains in India will be taxed at 30% - the highest tax bracket, the nation’s Parliament confirmed today. In comparison to this tax, the tax rate on stock trading ranges from 0% to 15%.
From now on taxed the same...
Coinbase Launches Cardano Staking with 3.75% APY
25.3.2022
As a part of its plans to expand its staking portfolio, Coinbase will now allow users to stake Cardano. Staking is a standard method in the crypto space used for earning passive income from your digital asset holdings. A blockchain that uses the proof-of-stake model for validation will include your...
DigitThree Labs Partners with LCX Exchange for Proof-of-Concept Deal
25.3.2022
LCX Exchange is partnering with DigitThree Labs to form a formal agreement for Proof-of-Concept. Through this partnership, LXC Exchange will drive forward its DGMV Authenticator, which is tentatively scheduled for a rollout in the coming days of 2022. Background LCX, as a platform, allows its users...
Axie Infinity (AXS) price reverses course with 50%+ gain ahead of Origin launch
24.3.2022
AXS and RON price are turning bullish as excitement builds for the launch of Axie Infinity: Origin
Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’
24.3.2022
On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks...
FTX Forms Strategic Partnership with Coinshares to Launch New Solana ETP
24.3.2022
According to a blog post shared by CoinShares, the investment firm has joined hands with the popular crypto exchange platform FTX. To mark the integration, the firms will be jointly launching a Solana exchange-traded product carrying 1 million SOL in seed capital. This asset is physically backed...
Popular BTM Operator: Bitcoin of America Adds Dogecoin to Their Bitcoin ATMs
24.3.2022
PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...
Ethereum price breaks through $3K, but analysts warn that a retest is needed
24.3.2022
ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first
Fetch.ai (FET) gains 43% after $150M development fund and Cosmos IBC announcement
23.3.2022
FET price could be eying new highs after fresh exchange listings, the launch of a $150 million development fund and plans to further integrate the protocol with the Cosmos ecosystem
Robinhood Unveils New Debit Card That Promises Bonuses For Crypto Investments
23.3.2022
Amid an intensifying competition for customers, the US online trading platform Robinhood has rolled out a new cash card that offers various rewards to its users, including crypto bonuses, with a waitlist available to the platform’s customers.
"The Cash Card builds on our mission to democratize...
DEXs and KYC: A match made in hell or a real possibility?
23.3.2022
Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation wave hits
Crypto and NFTs at F1: What are firms bringing to the races beyond sponsorships?
23.3.2022
Are crypto companies sponsoring F1 for the glitz and glamor, or will NFTs demonstrate important use cases behind these partnerships?
Wex Exchange Co-Owner Reportedly Detained in Russia
23.3.2022
Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of...
Crypto.com Chosen as an Official FIFA World Cup Sponsor
23.3.2022
On Tuesday, the international governing body of association football, FIFA, announced the exchange Crypto.com will be an official sponsor of the FIFA World Cup Qatar 2022 tournament. According to the announcement, the digital currency trading platform will “activate its official...
El Salvador postpones Bitcoin bonds to September: Report
23.3.2022
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well
Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
23.3.2022
Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry
Japanese Cryptocurrency Exchange Coincheck to Go Public on Nasdaq in $1.25 Billion Deal
23.3.2022
A major crypto exchange in Japan is going public in the U.S. in a $1.25 billion merger deal. Coincheck is regulated by the Financial Sevices Agency (FSA). It will be listed on Nasdaq under the symbol “CNCK.” Japanese Crypto Exchange Coincheck to List on Nasdaq Japanese cryptocurrency...
S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...