Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
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Bitcoin can hit $40K before BTC price sees ‘harsh correction’ — analyst
Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States' stock markets opened down.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price skids lower with US stocksData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to daily lows of $24,324 on Bitstamp.Bearish signals were already in for the pair after it…
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Tencent joins forces with ShareRing to launch blockchain digital ID platform
Digital identification is the future. What role will blockchain play? 2276 Total views 19 Total shares Chinese conglomerate Tencent Holdings is joining forces with blockchain company ShareRing to launch a new digital identification system to streamline international travel amid the COVID-19 pandemic. As the South China Morning Post reported Tuesday, ShareRing will combine its distributed ledger…
Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities
The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed supervisor. 325 Total views 17 Total shares The United States Federal Reserve Board issued a letter Tuesday to its supervisory officers, staff and the banks they supervise regarding activities with crypto…
Snoop Dogg revealed as co-founder of Web3-powered livestream platform
Snoop Dogg has had a considerable presence in the Web3 creator movement since NFTs first gained popularity in 2021. 1123 Total views 41 Total shares Own this piece of history Collect this article as an NFTAmerican rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app…
Bitcoin Not Accepted: Burger King’s Crypto Foray Short-Lived
The German branch of Burger King has begun accepting Bitcoin (BTC) on its website and mobile app, as reported by Cointelegraph on Sept. 3. But has the initiative increased consumer demand for the company’s fast food, and is it really possible to buy the popular Whopper burger with Bitcoin? What difficulties has the restaurant faced in its…
How blockchains can solve greenwashing and contribute to climate action
As concerns about climate change and environmental sustainability continue to grow, many organizations are turning to innovative solutions to help address these pressing issues. One such solution is blockchain technology, which has the potential to revolutionize sustainability efforts across a variety of industries. On April 25, a World Economic Forum (WEF) whitepaper featured blockchain as a…