Bitcoin’s Taproot is ready to go, but it’s unlikely to be included in the next release
Developers don’t want to move too fast. Go to Source Powered by WPeMatico
Month: October 2020
Armstrong says ‘silent majority’ supports Coinbase apolitical stance in leaked audio
Leaked Coinbase audio sheds additional light on the company’s apolitical sea change. Go to Source Powered by WPeMatico
DiFy.Finance (YFIII) Is an In-Development Software Fork of Yearn.Finance (YFI)
DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart contract vault and earning interest in return. By the virtue of it being an aggregator of lending services, YFIII users … Read more
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital marketplaces.” However, with oblique definitions on such key terms, … Read more
New York polls crypto firms on security measures after Twitter hack
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes. Go to Source Powered by WPeMatico
$22M in Bitcoin moves from Huobi to OKEx despite withdrawal freeze
Someone is pouring Bitcoin to OKEx despite the exchange having suspended withdrawals. Go to Source Powered by WPeMatico
‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal
The largest cryptocurrency will “massively outperform gold” before that, says the Real Vision founder. Go to Source Powered by WPeMatico
OKEx founder reportedly under investigation as exchange suspends withdrawals
OKEx founder Star Xu was reportedly questioned by police a week ago. Go to Source Powered by WPeMatico
Top Chinese chemical firm uses blockchain to cut trade financing costs
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. Go to Source Powered by WPeMatico
Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. Go to Source Powered by WPeMatico
