A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC) financial expense, they will
July 16, 2022 1 min read
Under the bill cryptocurrency firms will not be required to pay VAT. The power consumption for mining activity will be done under ANDE. On July 14, the South American country Paraguayan senate sanctioned a complete bill to restrict cryptocurrencies and enable bitcoin miners to utilize extra electricity produced in the
July 16, 2022 2 mins read
Coinbase Pro has encountered a problem with the USDC trading pairs. Coinbase shutting down its affiliate program. Coinbase the largest cryptocurrency exchange announced that temporarily shut down its affiliate marketing program by July 19, 2022, due to the current instability market condition. Despite providing a specific date, the crypto exchange
July 16, 2022 2 mins read
Bitcoin of America added Zcash. Bitcoin of America currently operates more than 2,500 Bitcoin ATMs. Bitcoin of America is a virtual currency exchange and a well-known BTM provider, that has registered with the US Department of Treasury (FinCEN) and (RegNum) as a money services company. Bitcoin of America currently operates
July 14, 2022 1 min read
Celsius filed the Chapter 11 bankruptcy protection. Chapter 11 allows a company to continue operating while restructuring its debt. After a month of turbulence, cryptocurrency firm Celsius has filed for Chapter 11 bankruptcy protection to restructure in a way that increased value for all stakeholders in the US Bankruptcy Court
July 14, 2022 2 mins read
Overall UAW for blockchain games decreased by 7% from the prior quarter. DeFi activity dropped by 17% and NFT activity dropped by 24%. The whole crypto industry has been shaking as a result of macroeconomic pressure and the Terra ecosystem meltdown, but interest in blockchain games has steadily increased. DappRadar,
July 14, 2022 3 mins read
Defense lawyer James Filan won the attorney-client privilege argument. SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to
July 13, 2022 2 mins read
Taxes will be calculated based on the average cost of the electricity used to make coins. PIT rate on dividends was raised from 5% to 10% under the new Tax Code. A bill extending Kazakhstan’s Tax Code to impose higher tax rates on cryptocurrency miners has been enacted by the
July 13, 2022 2 mins read
CryptoPunk 4464 sold for $2,615,224.91. Ethereum traded at $1,060.29 with a trading volume of $13,097,548,474. CryptoPunk 4464 NFT, was recently sold for 2,500 ETH via OpenSea, the first and largest web3 marketplace for NFTs and crypto gems in the world. CryptoPunks is a generative art collection and the first NFT-based digital
July 13, 2022 2 mins read
For the first time in 20 years, the US dollar has surged over the euro. Euro surges over 40% from its all-time high of €1.5990. The euro’s common currency exchange rate turned closer in line with the US dollar, as heat concerns and the risk of economic downturn weighed on
July 12, 2022 2 mins read