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Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect
5.7.2022
Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading...
EToro SPAC Deal for Public Listing Canceled as Transaction Becomes 'Impracticable'
5.7.2022
Trading platform eToro's planned public listing through a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V has been terminated
Prestamista Celsius recorta 150 puestos de trabajo en medio de reestructuración
5.7.2022
Los retiros de dinero están todavía pausados y la compañía ha contratado expertos en reestructuración mientras atraviesa una crisis financiera
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday
5.7.2022
BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back...
Bank of England Committee Calls for Enhanced Crypto Regulation to Limit Contagion
5.7.2022
The loss $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Bank of England’s Financial Policy Committee said
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Nexo Signs Term Sheet With Vauld for Potential Acquisition: Report
5.7.2022
Nexo said it has a 60-day exclusive due diligence period in which to decide if it will acquire up to 100% of Singapore-based Vauld
UK Government Seeks Views on DeFi Taxation
5.7.2022
The U.K. government is seeking views from investors, professionals and companies on taxation of decentralized finance (DeFi) activities
Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation
5.7.2022
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s...
Record-Breaking CandyDex IDO Sale in 2022. Round-1 Users Got 500X & will 1000X Soon
5.7.2022
After successful completion of CandyDex IDO sale round 1, now they have started the round 2 sale with 0.5 USD as we hear the user will receive 500X times the profit in round 1. Though in the huge market fluctuations on the whole crypto market and Bitcoin is trading at $19,120 and the rest of …
British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams
5.7.2022
The British Army’s official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto, including bitcoin and ether giveaway scams featuring Tesla CEO Elon Musk. British Army’s Social Media Accounts Used to Promote Bitcoin, Crypto, NFT Scams...
Former JPMorgan Banker Samir Shah Becomes COO at Pantera Capital
5.7.2022
Samir Shah, formerly JPMorgan’s head of asset management sales, has left the bank to take up the position of chief operating officer at cryptocurrency-focused investment firm Pantera Capital
Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime
5.7.2022
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter...
Metaverse Domains Are Trending as Minting Goes Live on Quik․com
5.7.2022
Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain technology and are featured to be stored as an asset in the user’s digital...
First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data
5.7.2022
Ether and most other major altcoins regain ground they'd lost in last week's downturn; China companies may be unconvinced by blockchain technology
Brazil Creates Crypto-Dedicated Investigation Unit
5.7.2022
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about...
Dubai Is Preparing to Take Its Government to the Metaverse
4.7.2022
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad...
Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response
4.7.2022
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered...
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say
4.7.2022
Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules