MicroStrategy purchased $1.5B in Bitcoin last week

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders. 5397 Total views 12 Total shares The South Korean government issued an amendment on Wednesday to introduce a tax on profits from cryptocurrency trading.Following a legislative notice lasting until Jan. 21, the amendment is likely to be enacted…

The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S. 375 Total views 22 Total shares Own this piece of history Collect this article as an NFTAnother swipe has been taken at the crypto industry by the chair of the United…

In the crypto space, the term “airdrop” refers to the unsolicited distribution of tokens, usually for marketing purposes or as a reward for network participation or contributions.The first recorded crypto airdrop took place back in 2014 when Auroracoin handed out its native cryptocurrency, AUR.Another well-known airdrop was that of decentralized exchange Uniswap, which gave its…

Only 95 blocks were generated on the Bitcoin blockchain on Sunday due to the recent halving, an analyst argues. 1269 Total views 29 Total shares There were only 95 blocks generated on the Bitcoin (BTC) blockchain on May 18, according to data presented by pseudonymous Bitcoin analyst digitalik.net.“In [the] last 10 years we had only…

China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. China's nascent central bank digital currency, the digital yuan, has already been deployed for an extensive array of successful pilot schemes, ranging from e-commerce to salary payments and to…

The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022. 479 Total views 24 Total shares The top centralized cryptocurrency exchanges have reached all-time highs for market share this year as trading volume in crypto consolidates onto the platforms of only a few trusted companies.So named…

Japanese cryptocurrency exchange Coincheck has launched a Bitcoin (BTC) over-the-counter trading desk for large-scale institutional investors. Cointelegraph Japan reported the news on April 1.The Coincheck OTC trading desk will enable clients to directly trade large volumes of Bitcoin — starting from 50 BTC ($207,000 to press time) — between each other using a web interface…

Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method. 2884 Total views 13 Total shares Anatoly Aksakov, a member of the Russian State Duma, has reiterated his negative stance on Bitcoin (BTC) shortly after the cryptocurrency briefly retouched $40,000 on Jan. 14.In an interview with local news…

According to a leading blockchain security auditing firm, Cardano will become the second biggest proof-of-stake platform behind Ethereum, dwarfing Tezos. Quantstamp, a company that has been auditing Cardano’s (ADA) code base for the past two months, believes that after the Shelley hard fork, Cardano will trail only Ethereum (ETH) as a smart contract platform, dwarfing…