Bitcoin price flash crash raises chance of BTC dip to $54K

Crypto taxation in South Korea could increase to 20% for capital gains. 793 Total views 17 Total shares South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies. During these discussions on July 13, members indicated crypto gains taxes could rise as high as 20%.Cryptocurrencies could…

Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 (~$71,200) in further funding from the federal government. The news was announced in a joint media release from two Australian ministries on March 18.Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham have…

Matic Network may be closer to a scalability solution for the Ethereum blockchain after a test run showed it could handle 7,200 TPS. 192 Total views 1 Total shares Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per…

The lawmakers see a “coordinated strategy” to deny the digital asset industry access to banking that is not related to a desire to protect banks. 670 Total views 33 Total shares Own this piece of history Collect this article as an NFTThree Republican members of the United States House of Representatives Financial Services Committee have…

Top Stories This WeekAltcoin Ethereum Classic Reportedly Undergoes 51 Percent AttackEarlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily…

Altcoins have made big gains on the total market share of the cryptocurrency markets, but JPMorgan analysts have concerns. 2322 Total views 17 Total shares JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients…

The nonfungible token platform was launched in partnership with Near Protocol. 210 Total views 1 Total shares On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India," developers say the platform will possess low gas…

The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. 2671 Total views 9 Total shares Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.According to a Notice of Exempt Offering…

Elliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency.A hacker for hireA press release published on Aug. 16 by the Norfolk police reports that the man was sentenced to 20 months in prison and ordered to pay back more than £400,000 (over…