Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners. Go to Source Powered by WPeMatico
Month: October 2021
Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar
Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars as the main currency … Read more
Aussie cyber spies to control critical infrastructure during ransomware attacks
The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack. Go to Source Powered by WPeMatico
Stablecoin USDC Launches on Hedera Network
Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With the addition of USDC as the first stablecoin in … Read more
Play-to-Earn on Playdapp’s Flagship RPG “Along With the Gods: Knights of the Dawn” in 7 Days
PRESS RELEASE. Fast-rising Blockchain gaming platform PlayDapp has revealed the addition of a Play-to-Earn feature on its flagship game ‘’Along with the Gods: Knights of the Dawn’’. This development is expected to build on the existing features offered by PlayDapp. Play-to-Earn gaming is a rising phenomenon that has gathered steam in recent months. This is … Read more
Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick reserves
Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.” Go to Source Powered by WPeMatico
Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot. Go to Source Powered by WPeMatico
Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition
Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency Blockchain data analytics firm Chainalysis announced Tuesday the addition of bitcoin to its balance sheet. Chainalysis will … Read more
Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games
The venture capital firm will fund companies in the interactive sector that combine content, finance and tech. Go to Source Powered by WPeMatico
Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first futures-based bitcoin exchange-traded fund (ETF) in the U.S. … Read more