Detroit residents will be able to pay taxes with crypto from mid-2025

November 7, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.

Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020. Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reports Wednesday.“I'm saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. Our…

DeFi fragmentation can only be solved at the account level

DeFi fragmentation hinders adoption, but chain abstraction at the account level could fix fragmentation

Price analysis 12/27: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) and most major altcoins have bounced off their immediate support levels, indicating that the sentiment is improving and traders are buying on minor dips.Billionaire and Mexico’s third-richest person Ricardo Salinas Pliego said in his Christmas and New Year message to stay away from fiat money, terming it as “fake money made of paper…

Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023

At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space. 178 Total views 10 Total shares Mass crypto adoption is already taking place around the world, but not in the United States or Europe, nor does it have…

Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak

Bitcoin (BTC) miners are selling less and less BTC, but if one metric is correct, they could soon start causing a major price correction.In an update on March 11, Philip Swift, creator of on-chain data resource LookIntoBitcoin, flagged familiar warning signs from the Puell Multiple.Developed by David Puell, the Puell Multiple tracks when miners are…

$800 Bitcoin Buys $10,000 Cash on Dark Web, Turn-Key Money Laundering

Security researchers have identified a new trend of lucrative and illicit Bitcoin (BTC) to cash conversions in their analysis of dozens of dark web marketplaces and forums.Financial scammers are selling cold, hard cash for only 10 to 12 cents on the dollar to buyers willing to provide a prepaid fee in Bitcoin, according to the…

Russian State Duma Defers Consideration of Bill On Digital Financial Assets

The State Duma of the Russian Federation has deferred consideration of the bill “On Digital Financial Assets” to April 2019, local media outlet TASS reported on March 20.The second reading of the draft federal law “On Digital Financial Assets” has reportedly been rescheduled for April, following a decision made at the morning voting on the…

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

Nasdaq’s vice president of listing qualifications, Eun Ah Choi, said shares of Valkyrie's Bitcoin ETF had been certified for listing on the exchange. 3715 Total views 31 Total shares The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF,…

Anthony ‘Pomp’ Pompliano Suspended From Twitter

As of press time on Feb. 13, the Twitter account of the co-founder of Morgan Creek Digital and noted crypto personality Anthony Pompliano has been suspended.Pompliano, known to the crypto community as “Pomp,” is a noted supporter of cryptocurrency assets in general and Bitcoin in particular. Earlier this week, he predicted that BTC’s price was…

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