South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
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South Africa Looks to Blockchain to Reduce Unemployment
The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country.Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that blockchain could bring important economic benefits.“We face two significant challenges in the country: reducing unemployment and increasing our Gross…
‘Only Fools are Choosing Bitcoin’ Says Gold Bug Peter Schiff
“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff.In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote:“Only fools are choosing Bitcoin. So far this year gold is up over 7%, while Bitcoin is down 3%. Gold is only 2%…
Bakkt has no plans to support XRP, says CEO
Bakkt's CEO did not mention whether the company decided to stay away from XRP due to Ripple’s ongoing legal issues. 3447 Total views 12 Total shares Bakkt, one of the biggest cryptocurrency companies in the United States, will not support XRP as part of its further product development, according to the CEO.On Jan. 11, Bakkt…
Here’s what traders expect now that Ethereum price is over $3,000
ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days. 3342 Total views 11 Total shares This week Ethereum's London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100.Data from Cointelegraph Markets Pro and…
Rumble boss says he 'departed' from Europe after Telegram CEO arrest
Rumble founder and CEO Chris Pavlovski says he “departed from Europe” after French police arrested Telegram’s CEO and the country “threatened” the video-sharing site.
Ankr exploit victims group alleges the company only reimbursed them 50%
The group claims they are being discriminated against because they are liquidity providers for rival coins. 138 Total views 3 Total shares Own this piece of history Collect this article as an NFTA group calling itself “Victims of Ankr Exploit” have claimed that its members lost over 13,000 BNB liquid staking coins (over $4 million…
In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin (BTC) held by Microstrategy and Tesla respectively are worth considerable…
China Introduces Blockchain-Based Identification System for Cities
China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure.On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly launched by three institutes in the city of Shijiazhuang.The blockchain-based identification system will assign a…