Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments
The Swiss canton of Zug has started accepting tax payments in cryptocurrency. In a previous announcement in 2020, the Swiss authorities said that, from February, […]
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Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900
Ether soared to new record highs Thursday, but an overheated derivatives market may suggest higher volatility is on the way for the short term. The […]
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
A retailer of specialty teas and baked goods based in Hunan, China is expanding its business into cryptocurrency mining. According to a press release on […]
Bitcoin Taproot Upgrade Nailed Down for July, but Some Finer Details Still Aren’t Finalized
A release date and activation timeline are set for Bitcoin’s Taproot upgrade, but developers and other stakeholders are still debating the best method to coordinate […]
Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report
Coinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block. The report illustrates Coinbase’s growing role […]
Automated Crypto Investing App Coinseed Faces Fraud Charges in NY, SEC Lawsuits
Coinseed Inc., an automated crypto investing app, is facing allegations of defrauding investors and breaking U.S. registration laws in a pair of legal actions brought […]
Blockchain Bites: Why Buy an NFT?
Digital frictionNonfungible tokens (NFT) are having a moment. In recent weeks, notable investors Mark Cuban and Chamath Palihapitiya have signaled their growing interest in this […]
Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s Crypto
Traditional finance is going further down the crypto rabbit hole than you might think. Goldman Sachs, ICAP, JPMorgan, and UBS have bought the first exchange-traded […]
DOJ Charges 3 North Korean Hackers With Stealing $100M+ From Crypto Firms
The U.S. Department of Justice (DOJ) has charged three North Korean computer programmers with theft and extortion on various allegations, including stealing over $100 million […]
Coinbase Hires Former Stripe Exec as Chief Compliance Officer
Cryptocurrency exchange Coinbase has hired a former executive of payments company Stripe to head its compliance efforts. Melissa Strait joins the San-Francisco-based exchange as chief […]