Turkey targets Crypto with new 0.03% transaction tax
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes.
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Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020
Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months. Stellar CTO and Ripple architect Jed McCaleb cashed out a whopping $411 million in XRP in 2020, according to an updated report from blockchain analytics account Whale Alert. McCaleb sold 1.2…

Cypherium Blockchain Joins Microsoft for Startups
Cypherium blockchain joins Microsoft for Startups program looks to explore new use cases with BaaS giant. 780 Total views 30 Total shares Cypherium blockchain joins the Microsoft for Startups program with the goal of becoming a part of the company’s blockchain-as-a-service, or BaaS, offering in the coming months.Cypherium blockchain uses a combination of proof-of-work, or…

‘We are worried about a recession,’ but there’s a silver lining — Cathie Wood
ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies. Speaking virtually at the Digital Asset Summit in New York on March 18

Binance Doubles ETH Withdraw Fees, Firing Up Crypto Traders
Binance announced in a tweet on March 12 that it is doubling fees for ETH withdrawals. The company cited network congestion as the reason for the decision. The tweet specified: “To better facilitate ERC20 and ETH withdrawals during this period of high congestion on the $ETH network, we are making the following temporary adjustments:ETH withdrawal 0.003…

Bitcoin CME futures hit $100K for the second time in 5 days: Will BTC spot price follow?
Bitcoin CME futures pushed above the $100,000 market, but BTC’s spot price struggles to mirror the move.

Crypto advocates call for post-Biden clarity on digital asset regulations
Industry leaders at a US congressional subcommittee hearing are set to call for clear digital asset regulations to maintain global competitiveness and attract crypto firms.

Japan’s SBI Group to Develop Crypto Derivatives Platform Following New Investment
Japanese financial services giant SBI Holdings will expand its crypto business portfolio by acquiring a 12 percent stake in Clear Markets, according to SBI’s financial results report published July 31. SBI is scheduled to acquire up to 20 percent in the future. Clear Markets is a U.S.-based electronic trading platform developer and operator that offers…

PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share. One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM) that…