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“# $5 wrench attacks appear to be on the rise in the crypto community ” Normally, the only way to access one’s crypto funds is through their private key, which, thanks to advances in cryptography, would take nothing less than an advanced futuristic quantum computer to decipher. That said, mafias and gangs have managed to…
“# Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the short-term traders. However, in the long-term, large investors seem to be viewing the decline as…
“# Cryptocurrencies are the “new frontier” says financial researcher ” In an exclusive television interview with Fox Business on Wednesday, JMP Securities Director of Financial Technology Research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the macroscopic regulation amid the impending expectations of a White House policy framework,…
“# Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary ” T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibility of using them as legal tender. According to a Wednesday…
“# Progressive group adopts Bitcoin as ING and PayPal block donations ” Progressive International, a global organization supporting progressive left-wing activists and organizers, is moving into cryptocurrencies in response to getting de-banked by major payment and banking firms. The organization took to Twitter on Monday to announce that it now accepts donations in cryptocurrencies like…
“# Russian region struggles to keep up with Bitcoin mining energy demands ” As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations. Russia’s Irkutsk Oblast, a federal region and Russia’s major center of trade routes from China, experienced…
“# Why did WazirX token WRX jump 30% after India announced its big crypto tax? ” WazirX exchange’s native token WRX benefited the most from India’s latest u-turn on crypto this week. WRX price jumps on India tax news WRX price surged nearly 30% to over $1, hitting a three-week high after the Indian government…
“# Colombia clamps down on crypto tax evasion as adoption thrives ” Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special measures” to crack the whip on cryptocurrency tax avoiders. In a statement released…
“# FTX acquires Japan’s FCA-licensed crypto exchange Liquid ” American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries. As a part of the deal, FTX will acquire Quoine Corporation, a Financial Services Agency (FSA)-approved crypto exchange. As Cointelegraph previously reported, Quoine…
“# Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch ” Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide…