Aave DAO and Trident launch $100M onchain fixed-yield loan
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders.
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Africa ‘Will Define’ the Future of Bitcoin — Twitter CEO Jack Dorsey
Bitcoin (BTC) will see its future “defined” by Africa, one of its best-known proponents has predicted after completing a tour of the continent. In a tweet on Nov. 27, Twitter and Square CEO Jack Dorsey said that he would return to Africa in 2020 after spending time traveling in Nigeria and Ghana this month. Dorsey highlights Africa’s…
Here’s Where to Spend Crypto Online This Black Friday
Black Friday is an unofficial “shopping holiday” that traditionally takes place the day after Thanksgiving Day in the United States. While the tradition originated in the U.S., it has since spread to all corners of the Earth and always takes place on the fourth Friday of November.The event involves retailers across the country slashing prices…
South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. 3587 Total views 18 Total shares South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made…
EU vote on Bitcoin mining: What does it mean for the industry?
Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP). A last-minute amendment presented by an ad hoc coalition of social democrats and Greens would have established a de facto ban on proof-of-work mining…
Mt. Gox creditors report multiple ‘brute-force’ attempts on their accounts
Mt. Gox’s claims website is currently down for maintenance, while Mt. Gox creditors are still looking for an explanation behind the recent flood of login attempts.
Bitcoin spikes to $44.5K amid fresh warning over ‘exceptionally high’ stocks correlation
Resistance still has a shot at being flipped Tuesday, but it still looks like anything but plain sailing for hodlers thanks to macro cues. 672 Total views 16 Total shares Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewResistance attacks slowly…
Portugal Chases Crypto-Friendly Status With New ‘Free Zones’ for Tech
In a bid to drive innovation forward and to stimulate the economy, Portugal has recently approved a nation-wide plan to encourage digitalization in several fields. Published on April 21, the “Digital Transitional Action Plan” puts forward multiple ways, in which the Portuguese government will provide infrastructure and incentives for innovation, entrepreneurship and competition, as well…
Bitcoin Price Touted to End Stagnation in Style, Surging to New High
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns, trade limitations and import/export reductions, economic movement…