BTC price back to $94K? 5 Things to know in Bitcoin this week
Bitcoin faces a giant inefficiency on short timeframes as a week full of potential volatility starts with a wobble.
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Indian taxman recovers $6.62M from WazirX for evading tax on commission
Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions. 2037 Total views 7 Total shares Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The…
UPDATED: Cointelegraph Facebook Page Unpublished, One Month and Counting
Update: As of 09:30 PM UTC on Oct. 24, Cointelegraph’s access to its Facebook page has been restored.Cointelegraph’s official Facebook page, boasting more than 730,000 followers, has been banned by the social media giant, while the cause remains unclear.On Sept. 18, our page was removed from the platform’s search results. Consequently, Cointelegraph has been unable…
Binance finalizes sale of majority stake in Gopax — Report
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.
ETF.com President and Bitwise Researcher Matt Hougan: 95 Percent of Cryptos Will Die
Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5.During the interview, Hougan declared that he thinks that “there are 2,000 cryptocurrencies out there, 95 percent of them are useless and will die a…
Bacon Protocol offers industry-first ‘NFT mortgages’
Blockchain technology and smart contracts are helping to expand the residential mortgage market beyond the grip of big banks and governments. 852 Total views 11 Total shares Decentralized mortgage lender Bacon Protocol has minted its first seven mortgages as nonfungible tokens, or NFTs, offering investors and borrowers new options for accessing the residential mortgage market. The…
Crypto group COPA launches bid to stop blockchain ‘patent trolls’
The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.
European banking regulator sees ‘major concern’ in retaining staff to handle crypto: Report
José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space. 168 Total views 14 Total shares The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of…
Musk could be charged after lawyer says $1M winners ‘not chosen by chance’
The winners were hand-picked based on their personal stories, according to the lawyer.