Australian stablecoin startup Stables expands to Europe and UK
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream.
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Web Summit returns in-person event to delve into crypto, DeFi and NFTs
Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency.On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the beginning of the COVID-19 pandemic. The event covers topics from cryptocurrencies to geopolitics and is…
Elon Musk offloads $1.1B in Tesla stock
The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. 635 Total views 16 Total shares Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale…
FTX victims’ lawyers struggle to serve Shaquille O’Neal
The Moskowitz law firm has been standing outside NBA superstar Shaquille O'Neal's studio all week to "hand deliver" their legal complaint with no success, according to a recent statement. 432 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe law firm representing victims affected by the FTX collapse…
Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. 2064 Total views 19 Total shares The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and…
Grayscale parent firm DCG to expand GBTC buy limit by $500M
Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far. 2164 Total views 15 Total shares Digital Currency Group, the parent company of digital asset manager Grayscale Investments, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust.The company announced Monday that DCG…
OKEx Says Crypto Is the Future of Money for Consumers in Unstable Economies
One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical.In the world of digital technology dominance, traditional global financial systems are facing hard times to transform in order to interact with the overwhelming demands around…
Pennsylvania House of Representatives passes pro-crypto bill
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill.
Report all crypto transactions or face 5-year jail term in South Korea
Strict reporting rules for crypto businesses in South Korea are set to come into effect with existing firms given six months to comply or face stiff penalties. 3663 Total views 16 Total shares South Korea’s cryptocurrency regulatory space is set to become even more tightly regulated with the incoming laws on financial reporting for crypto…