Why are top Bitcoin traders bullish despite BTC price dip to $64.3K?
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support.
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Gavin Wood: Polkadot is a ‘bet against blockchain maximalism’
The Polkadot founder doesn’t buy into the narrative that we only need one blockchain. 893 Total views 5 Total shares Polkadot doesn’t have to be an “Ethereum killer” to succeed, according to protocol founder Gavin Wood. In a “fireside chat” with podcaster Laura Shin during the Polkadot Decoded business summit on Thursday, Wood was asked whether…

Bitcoin price drops below $80K as stocks face 1987 Black Monday rerun
Bitcoin (BTC) turned up volatility into the April 6 weekly close as fears of a stock market crash contrasted with bullish BTC price targets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView CNBC’s Cramer: 1987 crash not “off the table yet” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $80,000 on the day, down 3%

New Zealand Police Spotlight Bitcoin Ransom Scam Targeting Porn Viewing
New Zealand police issued an alert on April 13 regarding a crypto-related scam that threatens victims with release of information on their porn use.According to a report published in the NZ Herald, the authorities say that the scammers extort victims through email. The scammers claim to have obtained information about the targeted victim’s consumption of…

UK tax authority makes first NFT seizure in VAT fraud case
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. 387 Total views 5 Total shares HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud.The tax watchdog claimed it…

BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading
Major U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity trading industry. For commodities trading, BCG argues that there is a strong argument for using blockchain, while taking stock of “significant drawbacks on several fronts.” The…

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.

Binance Offers Lifetime VIP Membership to KYC Leak Victims
Major cryptocurrency exchange Binance announced that it will offer a lifetime VIP membership to all its users affected by the recent Know Your Customer (KYC) images leak on the platform.According to the official blog, currently Binance is “actively contacting all potential victims with [...] guidance on privacy protection and restitution,” and highly recommends “affected users…

Biden wants to double capital gains and clamp down on crypto wash sales: Reports
The Biden administration wants to apply the wash sale rule to digital assets. 979 Total views 67 Total shares Own this piece of history Collect this article as an NFTU.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains for certain investors…