BitGo deploys wrapped BTC on Avalanche and BNB Chain
Crypto custodian BitGo is now using LayerZero’s OFT Standard to deploy its WBTC across more than 80 chains.
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South Korean Bitcoin miners can deduct electricity costs from crypto tax filings
Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022. 3606 Total views 27 Total shares Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022.According to a report by Pulse News, South Korea’s…
ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems. 658 Total views 6 Total shares Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for…
Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade
A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine.Drugs paid for with cryptocurrenciesAccording to a Reuters report from Oct. 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility…
MicroStrategy adds to Bitcoin stake despite steep loss
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397. 158 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a new filing with the U.S. Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoins (BTC) at an average…
Crypto Markets See Slight Rebound, Bitcoin Trades Above $6,500 Again
Sunday, Oct. 21: crypto markets have seen a slight rebound today, with 19 out of the 20 top cryptocurrencies by market cap in the green, and Bitcoin (BTC) back to trading above $6,500, according to CoinMarketCap.Most of the top 20 cryptocurrencies have seen a slight growth within 0.5 and 2 percent, while Bitcoin Cash (BCH)…
Ron Paul Survey Reveals Most Prefer Bitcoin for 10-Year Investment
Almost 60% of 70,000 people would take Bitcoin (BTC) over fiat currency as a long-term investment.That was according to a new survey on Nov. 4 by Ron Paul, the ex-Texas Congressman who has become well known for his proactive position on cryptocurrency. Ron Paul survey: 58% choose BTCPart of a regular series of polls, Paul asked…
Korean government tells Apple and Google stores to take down P2E games
The Games Committee has strengthened its stance against P2E games by saying those games should not receive an age rating needed to get listed on app marketplaces. The South Korean government has moved to block the release of new play to earn (P2E) games and requested that existing ones be removed from Google Play and…
TZERO to Offer Public Trading Starting Aug. 12, Expects Up To 50,000 Investors
Retail giant Overstock’s blockchain subsidiary company, tZERO, plans to allow the public to trade its security tokens in four days.Saum Noursalehi, CEO of tZERO, shared the announcement with CoinDesk, per a report published on Aug. 8. According to the announcement, Aug. 12 marks the end of a one year lock period following the company’s 2018…