Iran is continuing to explore the potential use of cryptocurrency as a tool for mitigating the devastating impact of economic sanctions imposed by the United States. According to a report from the …
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Elon Musk’s Tesla Sold Bitcoin (BTC) in Q1
Tesla has cashed out some of its Bitcoin. In an investor call today, the electric carmaker reported its Q1 2021 earnings and revealed $272 million in proceeds and a “$101M positive impact” from …
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University Of Zurich Adds Cardano (ADA) To Their Blockchain Curriculum For 2021
The University of Zurich has announced that they are adding Cardano to their “Deep Dive into Blockchain 2021” curriculum. It will be taught to students studying in the UZH Blockchain Center modules and …
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Harmony Blockchain To Use Raze Network To Increase Its Privacy Protection
Harmony, a sharding protocol with a trustless Ethereum bridge, today announced a partnership with Raze Network to increase the privacy protection layer of the Harmony ecosystem. Raze Network is a …
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Aave V2 Launches Liquidity Mining Program Targeting Stablecoin Borrowers
Aave has launched liquidity mining incentives for its v2 protocol, paying out governance token rewards exceeding 20% to users who borrow stablecoins. At the time of writing, users who deposit …
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JP Morgan Prepares To Offer A Managed Bitcoin Fund
JPMorgan Chase is reportedly preparing to offer an actively managed bitcoin fund to its private wealth clients this year with NYDIG serving as its custody provider. The bank did not …
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Turkey’s Vebitcoin — The Second Exchange To Collapse After Central Bank’s Crypto Payments Ban
Turkish crypto exchange Vebitcoin announced Friday that it ceased operations, making it the second Turkish venue to collapse after the nation’s central bank barred cryptocurrency as a payment option earlier this month. …
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NODE40 to team up with Sovos to offer suite of crypto tax and compliance services
NODE40, developers of NODE40 Balance, a blockchain accounting platform, today announced a partnership with tax software company Sovos, to offer an all-inclusive suite of tax and compliance automation services for crypto-asset …
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Biden’s Proposed Capital Gains Tax Rise Will Hit Only Richest 0.3%
Following major sell-offs in cryptocurrency markets amid reports of United States President Joe Biden’s capital gains tax rise proposal last week, the Biden administration defended nearly doubling tax levies for only the …
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Tesla To Book Huge Profit From Bitcoin (BTC) Sale In Q1
Tesla Motors sold a portion of its Bitcoin (BTC) holdings in the first quarter of 2021, generating net proceeds of $272 million, the electric vehicle maker reported Monday. In a …
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