Having recently suspended its planned crypto regulations in the wake of the central bank ban, Nigeria’s Securities and Exchange Commission has clarified its position on cryptocurrencies in the country. According to a report by Premium …
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South Korea to finally set a hard date for the dawn of crypto taxation
South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both …
MoreEthereum (ETH) Developers Eye July for Gas-Saving EIP-1559 Launch
Ethereum Improvement Proposal (EIP) 1559 has been the most talked-about upgrade for the network since ETH 2.0 was launched on Dec. 1, 2020. The EIP tackles the debilitating problem of high …
MoreCrypto Analyst Who Called Bitcoin Collapse Says Top Could Be Near
A pseudonymous analyst who nailed Bitcoin’s plummet from $11,600 to $6,400 in 2019 says the bull market top could be on the horizon. In a new tweet, the crypto strategist known …
MoreGene Simmons To Announce $300,000 Investment in Cardano
Gene Simmons, the iconic bass player of the popular rock bank Kiss, has announced he has invested $300,000 into Cardano (ADA), shortly after announcing positions in other cryptocurrencies including BTC, …
MoreCape Cod’s Biggest Hospital Received $800,000 Bitcoin Donation
On Friday, on the coastal island of Cape Cod, Massachusetts, when staff at its leading not-for-profit medical center Cape Cod Healthcare checked their email, they saw a message telling them to …
MoreMicroStrategy Prepares To Purchase $1,030,000,000 in Bitcoin
Business intelligence firm MicroStrategy is gearing up to make an additional purchase of $1.03 billion worth of Bitcoin. In a new post on the company’s website, the publicly-traded firm announces …
MoreBanks will have to work with crypto, e-money and CBDCs to survive
Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, …
MoreTwo Whales Withdrew a Billion Dollars From Coinbase
Today, 13,204 Bitcoins left Coinbase for unknown wallets. That’s just over three-quarters of a billion dollars. According to Whale Alert, 36 transactions were made, each valued at between 351 and 391 Bitcoins, between …
MoreBitcoin Nears $58K and Ex-Bush Aide Predicts “Fast and Deep” Crash
This time, it appeared in the crosshairs of Canadian-American political pundit David Frum whose biggest accomplishment was writing the 2002 State of the Union address of former U.S. President George …
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