New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
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Gucci the latest luxury brand to accept crypto payments in store
Gucci’s past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future. 506 Total views 12 Total shares The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of…

Why is Cardano (ADA) price up today?
Steady network growth and Charles Hoskinson’s network update are boosting Cardano’s prices at the start of this week.

Report: GALA token exploit resulted from public leak of private key on GitHub
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior. 205 Total views 1 Total shares According to a new post by blockchain security firm SlowMist on Nov. 7, it appears that the last week’s token exploit affecting GameFi project Gala Games resulted from a public…

Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures Plunge
Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction took place as DOW, S&P 500 and oil futures plummeted as investor fears over the economic impact of the coronavirus continue to intensify. Crypto market daily…

Pornhub Partners With PumaPay to Accept Crypto as Payments
Canadian adult entertainment streaming website Pornhub has announced a partnership with cryptocurrency payment and billing startup PumaPay to enable its users payments in cryptocurrencies, according to a tweet August 23. Pornhub is now accepting PumaPay, with its “unique” pull payment protocol that will allow users automatically pay for their subscriptions, including PornHub Premium. PornHub promoted…

Santander UK limits crypto transactions for its customers
Users will be restricted to a £1,000 limit per transaction, and a total limit of £3,000 a month. 276 Total views 1 Total shares Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the UK. The group cited cryptocurrency fraud warnings from regulators as the reason behind its decision. According…

Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia
Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul.To commemorate the move, Cointelegraph hosted an event in the city’s financial district,…

London Stock Exchange may provide clearing services for BTC derivatives starting in Q4
LCH SA will team up with the FCA-regulated GFO-X trading venue to create a centrally cleared, regulated trading environment. 436 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom could see its first centrally cleared trading venue for digital asset derivatives due to a partnership between…