Denmark Tax Council recommends bill to tax unrealized crypto gains

Our weekly roundup of news from East Asia curates the industry’s most important developments. HashKey Hong Kong to commence retail trading  Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28.  According to local news reports, investors will only be allowed…

Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after Bitcoin’s next block subsidy halving.Bitcoin halving impact on miners could be “severe”Bitcoin miner competition is exploding, with hash rate — the

His followers include William Shatner and Paris Hilton, but Animoca’s Yat Siu says Elon Musk would have a much greater impact: X Hall of Flame

The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future. 176 Total views 1 Total shares In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng "CZ" Zhao has stepped down from the exchange. Hoskinson claimed that this

Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days.This positive momentum has been decimating the…

Licensed e-money issuer Monerium will support the blockchain protocol Algorand in 2020. News of the two firms’ non-exclusive partnership was announced in a press release on Jan. 21. The cooperation will see Monerium issuing its programmable e-money on the proof-of-stake Alogrand protocol, created by the Massachusetts Institute of Technology (MIT) professor and Turing Prize award-winner Silvio…

Uniswap’s growth lead, Ashleigh Schap, has slammed Yearn Finance founder Andre Cronje for complaining about forked projects in the DeFi sector. 1548 Total views 9 Total shares Uniswap growth lead Ashleigh Schap has slammed a recent article from Yearn Finance founder Cronje that criticized forked protocols in the DeFi space, with Schap describing Yearn’s recent…

Successful applicants can use the funds to buy a ticket to the company's headquarters. 1816 Total views 7 Total shares Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto.According to a report from Business Insider,…

The crypto industry has matured substantially in recent years — so much so that it’s practically unrecognizable when compared to the bull run of 2017. And one of the biggest developments in this dynamic space? Futures.These derivatives give investors exposure to the price movements of major cryptocurrencies like Bitcoin, without the need to physically own…