Mt. Gox pushes repayment plan deadline to October 2025

Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran's National Tax Administration (INTA).Per a report by local English-lanuage news daily Financial Tribune, INTA introduced a repatriation tax exemption similar to the one it offers non-oil exporters.INTA considers cryptocurrency mining a taxable business,…

Soon after getting stuck in the city, crypto entrepreneur Ilman Shazhaev says he realized that Dubai is the best place to conduct international business. Life gave crypto businessman Ilman Shazhaev lemons when he got stuck in Dubai in the wake of the COVID-19 lockdowns. However, like the old adage, he “made lemonades” by recognizing the…

Bitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests.In one of its Quicktake posts on Sep. 7, on-chain analytics platform CryptoQuant revealed a major spike in loss-making unspent transaction outputs (UTXOs).CryptoQuant: Bitcoin UTXOs in Loss "mirror" March 2020Bitcoin may be worrying market participants with current

Israeli blockchain startup Orbs has come up with an idea to encourage people to self-quarantine by using a newly launched app. 1140 Total views 53 Total shares Crypto- and blockchain-focused companies around the world have been making efforts to support people amid the coronavirus pandemic, with some of them donating funds to nonprofits and providing…

Jeremy Allaire, CEO at cryptocurrency financial services company Circle, expressed his optimism in regards to Bitcoin (BTC) being a safe haven for investors despite recent market volatility.On Aug. 19, Allaire voiced his sentiment during the CNBC’s Squawk Box. He explained: "Clearly, a non-sovereign digital asset like bitcoin is attractive to people who are interested in moving…

Venture capitalist and PayPal co-founder Peter Thiel has invested in cryptocurrency investment platform Layer1, according to a press release published Dec. 19.San Francisco-based Layer1 has concluded a $2.1 million seed funding round backed by such industry players as Thiel, crypto-focused venture capital company Digital Currency Group, and American investor and Protégé Partners founder Jeffrey Tarrant,…

"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski. 219 Total views 17 Total shares When it comes to nonfungible tokens, or NFTs, the subject is often a hit or miss for traditional gamers. While some players welcome the idea of being able to trade in-game digital collectibles for…