Stacks active accounts reach record high amid growing interest in Bitcoin DeFi
The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager.
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Token issuers in Japan exempt from 30% crypto tax on paper gains
Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers. Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20. The tax exemption goes into effect nearly six…
Illegal Bitcoin use is down, but privacy wallet laundering is up, says analytics firm
2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements. 742 Total views 4 Total shares Elliptic, a leading firm in blockchain analytics, has found major shifts in recent trends in illicit crypto usagPer the firm's Dec. 9 study, the proportion of Bitcoin transactions that the firm has linked to…
Roger Ver Apparently Unconcerned About Coronavirus
Roger Ver, the prominent Bitcoin Cash (BCH) advocate and former CEO of Bitcoin.com, appears to think that the world’s reaction to the COVID-19 pandemic is disproportionate.In a tweet published on March 29, Ver tweeted a screenshot of statistics ostensibly comparing the global COVID-19 death toll with that of other illnesses — including seasonal flu, malaria…
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act. 249 Total views 6 Total shares United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on
What Does Twitter’s New Decentralized Initiative Mean?
Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media standards. The news has gotten both the crypto and noncrypto communities abuzz — and for good reason.Mr. Dorsey has not only spoken in favor of decentralized protocols…
Price Analysis 02/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Bitcoin price continues to trade with an advantage to bears but this does not mean investors or miners have capitulated. About 64% of the total Bitcoin mined to date has been dormant in wallets since 2018. This shows that Bitcoin hodlers do not believe in trading for short-term gains, as they anticipate much higher prices…
Major Crypto Exchange Binance Launches ‘Sub-Accounts’ for Institutional Clients
Top cryptocurrency exchange Binance has released a new sub-accounts feature for institutional and high-tier individual traders, according to a press release shared with Cointelegraph Dec. 6.The feature will allow parties to create up to 200 subsidiary trading accounts under the canopy of one main account. This “master” account will have sole control over movement of…
Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ
Bitcoin’s (BTC) hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move. The bulls are searching for a positive catalyst to thrust the price above the overhead resistance. On the contrary, the bears may be standing by in anticipation of any signs…