Experts answer: How does Elon Musk affect crypto space?
Here’s what crypto and blockchain industry experts think about Elon Musk’s recent comments on cryptocurrency. Go to Source Powered by WPeMatico
Cryptocurrencies
Auto Added by WPeMatico
Don’t blame crypto for ransomware
Hackers will keep hacking as long as organizations are vulnerable — crypto is not an exception. Go to Source Powered by WPeMatico
Is crypto approaching its ‘Netscape moment?’
The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s. Go to Source Powered by WPeMatico
Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed … Read more
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office … Read more
The remaining steps to mainstream institutional investment
The crypto space suffers from its checkered history and, to grow further, the ecosystem must become safer, more usable and more mature. Go to Source Powered by WPeMatico
Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money remains strong. 4.7 Million Australians Would Accept Bitcoin Remuneration … Read more
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. Islamic Cleric Explains Reasoning Behind Crypto … Read more
Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip
Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines. Go to Source Powered by WPeMatico
Crypto firms not meeting AML standards, says UK minister
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year. Go to Source Powered by WPeMatico