Trump adds RFK Jr to transition team as former president faces new indictment

The Nasdaq, an index which primarily represents tech stocks like Amazon, Microsoft, and Alphabet, has surpassed 10,000 points to hit a new record high. The move above 10,000 effectively erased all the losses suffered from the coronavirus pandemic, yet, the price of Bitcoin (BTC) remains 50% down from its record high at $19,665.Bitcoin was seemingly…

Australia’s tax agency, the Australian Tax Office (ATO), is investigating 12 major international tax avoidance schemes, with a key focus on cryptocurrency-enabled activities. The news was reported by local broadsheet The Sydney Morning Herald on June 6.The ATO’s intensified cross-border investigations were reportedly revealed following a meeting of the J5 — also known as “The…

Blockchain data shows that the project has not sent tokens to any investors.

Huobi’s derivatives trading platform, Huobi DM, has announced a new ‘partial liquidation’ feature that aims to limit trading losses.Sudden market swings can immediately liquidate highly leveraged positions and cause extensive user losses, as seen during the last week’s Bitcoin price crash. The platform’s new liquidation mechanism will jump into action when markets face turbulence to mitigate…

The institution cited rising exploits against DeFi as a need for more secure CBDCs. On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework for defending central bank digital currencies (CBDCs) against cybersecurity threats. The BIS wrote:"Recent examples of smart contract hacks, which have led…

Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in the country.Sogani shared his reasoning with the news outlet AMBCrypto, which reported the matter on August 8. According to the report, Crebaco’s methodology included an analysis…

While decentralized platforms provide a viable alternative to YouTube, Theta Labs' Wes Levitt believes there is still a place for centralized platforms. YouTube’s bans on crypto-related content has been problematic for the industry and is spurring demand for decentralized alternatives.However, according to Wes Levitt, head of strategy at Theta Labs — the firm behind Theta.tv…

Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation. 572 Total views 7 Total shares United States’ city of Jackson, Tennessee, continues exploring a potential dive into cryptocurrencies, now looking to accept Bitcoin (BTC) for property tax payments.Jackson Mayor Scott Conger announced late Thursday that…

Senior executives at United Airlines (UA) and logistics giant UPS think 2019 will not be the year blockchain goes mainstream, the Wall Street Journal reported on Dec. 28.Speaking to the publication, UPS chief engineering and information officer Juan Perez and UA’s executive vice president of technology and chief digital officer Linda Jojo remained level-headed on…