KuCoin VAT charge raises concerns among Nigerian crypto community
The approving authority behind this taxation remains unclear, whether it’s the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS).
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US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market…

SEC Asks Court to Order Telegram to Pay $1.2B Back for $1.7B ICO
Despite the original TON project being officially terminated, the U.S. SEC asks Telegram to return $1.2 billion. 1456 Total views 13 Total shares The United States’s Securities and Exchange Commission, or SEC, has filed a proposal for final court judgement in regard of the terminated Telegram Open Network project.In a document filed on June 25,…

Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy and…

India: Fourth Suspect Arrested Following Alleged $70+ Million Crypto Scam
Indian police have arrested an associate of a group accused of conducting a crypto scam involving 5 billion rupees (about $71.6 million), English-language local media The Indian Express reports Jan. 7.This is the fourth arrest of the ongoing case and reportedly occurred a year after Thane police uncovered the alleged scam in Mumbai. The man,…

Polygon and others extend helping hand to Terra blockchain projects
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events. 934 Total views 3 Total shares Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to…

Cointelegraph’s Top 100 reaches halfway point, with profiles 51–60 revealed
Take a peek at the next installment of Cointelegraph’s 2023 Top 100 list, with rankings 51–60 featuring Jack Mallers, Epic Games and more. 55 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe latest installment of Cointelegraph’s Top 100 is live, with positions 51–60 now revealed to the…

Somalia bans Telegram and TikTok over misinformation
Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned. 107 Total views 1 Total shares The Federal Republic of Somalia is the latest country to ban cryptocurrency-friendly messaging app Telegram, alongside TikTok social media app and the online-betting site 1XBet.Somalia’s Ministry of Communications and Technology (MOCT) officially…

These 3 Cointelegraph Markets Pro alerts generated a cumulative profit of over 100%
Last week, Cointelegraph Markets Pro, an institutional-grade crypto intelligence and alerts platform, provided subscribers the opportunity to trade three coins that embarked on momentum-fueled price moves. The advanced data analysis tools at Cointelegraph Markets Pro used three alert systems to highlight these coins. Newsquakes™, which inform traders of potentially price-moving news alerts in real time, was…