Silk Road founder trusts Trump to ‘honor his pledge’ for commutation

Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax. 198 Total views 2 Total shares The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance

Taiwanese consumer electronics giant HTC has revealed plans to launch a second-generation model of its blockchain-centric smartphone before the end of 2019. The news was announced in a report from English-language Asian IT news source Digitimes on April 29.According to HTC’s chief decentralized officer Phil Chen, the development is a bid to boost smartphone sales…

Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains. 2324 Total views 58 Total shares The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.In…

The Chicago Mercantile Exchange, or CME, has hosted over $100 billion in volume for its Bitcoin futures trading product. “CME Bitcoin futures have surpassed $100 billion in total notional value traded since their launch in December 2017,” CME Group Managing Director and Global Head of Equity Index Alternative Investment Products, Tim McCourt, told Cointelegraph.  Institutions join cryptoDuring…

Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain.Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.“Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, particularly in…

The A Hard Working Man digital collectibles project is set to alter how people think about digital assets in Web3 — early access passes are available now. 96 Total views 1 Total shares Own this piece of history Collect this article as an NFTIn 2022, the concept of nonfungible tokens (NFTs) faced criticism from those…

Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. 1095 Total views 23 Total shares Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi.In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of…

Although the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies — and the possibility of cashless societies.Bank of Canada Deputy Governor Tim Lane spoke at FinTech RDV 2020 in Montreal,…

The coronavirus pandemic was just the spark that ignited the current global economic meltdown, not its cause, the CEO of Binance says.In a blog post on March 20, Changpeng Zhao, known as “CZ” in cryptocurrency circles, argued that coronavirus had shown that the world’s economy is far too weak.CZ: The economy “should be stronger”Asked whether…