Major UK hedge fund Brevan Howard launches crypto division
Brevan Howard also hired former CMT Digital CEO Colleen Sullivan to lead private and venture investments in crypto. Go to Source Powered by WPeMatico
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Majority of Korean crypto exchanges to shut down this month, insiders say
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators. Go to Source Powered by WPeMatico
Zabu token price flatlines after $3.2M attack on Avalanche blockchain
Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K. Go to Source Powered by WPeMatico
US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry
The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto … Read more
Bitcoin investors are reportedly exempt from taxes in El Salvador
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. Go to Source Powered by WPeMatico
$300M incentive program backs 100% rally in Harmony (ONE) price
ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund. Go to Source Powered by WPeMatico
Croatian E-bike Company Greyp Bikes Integrates Cryptocurrency Payments
Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be purchased using nine different coins thanks to a partnership with payment processor Paycek. Greyp Bikes Accepts Cryptocurrencies for Its Electric Bicycles Croatia’s Greyp Bikes, which … Read more
Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of Digital Currency Discussing upcoming changes in the legislation regarding digital currencies in Russia, head … Read more
Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’
The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country might use cryptocurrency-based solutions to lower the cost of remitting funds across borders. Understanding Cryptocurrencies Prior to … Read more
Project Dawn initiative and upcoming mainnet upgrade back LUNA’s new ATH
LUNA price rallied to a new high above $45 following the launch of the ‘Project Dawn’ funding initiative and the upcoming Columbus-5 mainnet upgrade. Go to Source Powered by WPeMatico