Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.
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Axelar launches $60M startup ecosystem program
The program aims to accelerate the development of decentralized applications and protocols to replace centralized exchanges. 528 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe proof-of-stake (PoS) blockchain Axelar launched on Dec. 19 a $60 million startup funding program dedicated to accelerating the development of decentralized applications…
SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year
SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed results for the six-month period ended…
Top Australian BitConnect promoter banned by ASIC for 7 years
John Bigatton has been barred from providing financial services in Australia for seven years for his involvement with the BitConnect Ponzi scheme. The Australian Securities and Investments Commission (ASIC) has banned John Louis Anthony Bigatton, the former ‘Australian National Representative’ of the multi-billion-dollar crypto Ponzi scheme BitConnect, from providing financial services for seven years.ASIC asserts…
Bitcoin’s Mempool Saw an Anomalous Number of Big Transactions on Friday
On Nov. 15, Bitcoin’s (BTC) blockchain mempool was at its highest level since January last year, according to figures from blockchain data website Blockchain.On Nov. 15, Bitcoin’s mempool size reached over 90 megabytes (MB), a value not seen since January 2018. The Bitcoin mempool holds all the unconfirmed transactions that are waiting to be validated…
26% of crypto investors in Japan tried out NFTs: Survey
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021. 13 Total views 2 Total shares At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey.Major Japanese crypto exchange BitBank conducted an online survey diving into the NFT…
Warp Finance adds Chainlink oracles to protect against flash loans
Warp Finance's hack of $8 million could have been prevented with better oracles, the team says. 2819 Total views 11 Total shares Warp Finance, a DeFi lending protocol that suffered an $8 million flash loan exploit shortly after release, is now gearing up for a relaunch that will include an integration with oracles by Chainlink.The…
Goldman Sachs launches limited BTC derivatives trading desk
After years of anticipation, Goldman is finally offering institutional partners trading services. 2516 Total views 17 Total shares One of the largest investment banks in the world just launched a cryptocurrency trading desk — though executives made sure to specify they would only be trading derivatives, and will not have actual digital assets on the…
Arbitrum to break up governance votes after community backlash
The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. 226 Total views 1 Total shares Own this piece of history Collect this article as an NFTEthereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from…