In the United States, national banks and federal savings banks can now offer custodial services for cryptocurrencies to their customers after receiving approval from regulators in the country.A big step forward for the cryptocurrency industryIn a public letter dated July 22, the Office of the Comptroller of the Currency (OCC), a state body responsible for […]
The South Korean government has finalized its plan to impose a 20% tax on the capital gain generated by cryptocurrency trading. According to South Korean news agency Yonhap, from October 1st, 2021, the government will impose a 20% tax on income from crypto trading. Earnings of less than 2.5 million won per year (approximately 1,800 euros) […]
Given the recent scandals of Terra Luna (the stablecoin that crashed), Celsius (the platform that crashed) and Three Arrows Capital (the crypto investment fund which could still collapse), many in the cryptoshere are now wondering whether the Bitcoin bottom has been reached and we’ll go back up from here.According to Ian Harnett, co-founder of Absolute […]
Crypto is seeing a (temporary) revival in the past two days, which took Bitcoin from $17k all the way back to $21k and brought some back calmth to investors. However, with the scary week that has just ended, with the Celsius and Terra scandals still fresh in our mind, the MSM (mainstream media) wonders which […]
Global payment system giant Mastercard is reviewing the process of its Accelerate program. The company now wants to attract crypto-card issuers and make their products easier to market.Mastercard accelerates its ambitions around cryptocurrenciesWishing to “promote adoption and create innovative experiences in the crypto world”, Mastercard announced the extension of its program relating to the support […]
Telecom SA, the largest telecommunications company in Argentina, is currently the victim of a ransomware asking it to pay $7.5 million in Monero (XMR) for its files to be unlocked. Ransomware requires Monero (XMR) According to local media El Periodista, the attack began on Wednesday July 15, when employees of the company noticed malfunctions when […]
Algorand (ALGO) has enjoyed a surge close to 40% rise in value in the last 24 hours following its listing on Coinbase. The popular exchange revealed yesterday that it added ALGO to its portfolio of cryptocurrencies trades on its platform and mobile apps. With this, Coinbase customers across the world can now buy, sell and […]
A real mega Twitter hack, now referred to as the Bitcoin hack in the American press, took place in recent hours. The Twitter accounts of an incredibly large number of well-known American individuals and companies were hacked and payments in Bitcoin were requested. In exchange, the hacked twitter accounts promised to refund the double amount, […]
There are moments in your life which everyone will remembers for some reason or another, moments that afterwards become part of history. In the 21st century, those moments were most likely the 11th of September 2001, the stock market crash of 2007-2008, the terrorist attacks in Madrid, Paris, London or Brussels for the respective people living there, […]
The long-term Bitcoin bashers are celebrating now that the world’s biggest digital currency sank back below it’s 2017 top over the weekend, a feat the so-called ‘moon-boys’ (those that believed Bitcoin would be at $100k in no time) never though would happen again. Credit where credit’s due has always been the motto of this writer, so […]
