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Search Results for: US treasury

U.S Congressman Proposes Bill to Allow Federal Tax Payments in Bitcoin

People living in the US may soon be able to use Bitcoin (BTC) and other cryptocurrencies to pay their federal taxes. It has been proposed by US Congressman Matt Gaetz that citizens of the United States be able to pay their federal income taxes using Bitcoin. Among the Bitcoin Marxists,

June 26, 2024 2 mins read

Cardano Price Trading in Red, Faces Key Support at $0.37 Level

Earlier, Cardano co-founder Charles Hoskinson dropped a clue about the much-anticipated Chang Hard Fork update two weeks ago, saying that it would likely launch in June. The co-founder went on to say that the Chang Hard Fork is imminent, and that Cardano Node would shortly reach version 9.0. It is

June 24, 2024 2 mins read

Fantom (FTM) Outperforms Major Crypto Players with 9% Surge

Amidst the global crypto market downturn, Fantom (FTM) has surged by over 8.68% in the past 24 hours, reaching a high of $0.5862 from a low of $0.5392. The cryptocurrency leads the gainers with current price stands at $0.5823, marking a 78.27% increase from its yearly low of $0.3287. Fantom’s

June 21, 2024 1 min read

Polygon Launches Governance Hub to Boost Decentralization Objective

With the launch of the Polygon Governance Hub, Ethereum Layer 2 Polygon has made a significant stride in enhancing community ownership and governance. The Aragon Project, a well-known DAO developer, developed the Polygon Community’s governance hub. A community-driven hub and protocol governance contracts makeup Aragon Project’s end-to-end governance solution, according

June 14, 2024 2 mins read

Turkey Plans Crypto Tax Amid Fiscal Overhaul

The Turkish authorities are considering imposing a 0.03% tax on cryptocurrency transactions. The plan is focusing on generating additional revenue as the country grapples with budget challenges following last year’s earthquakes.  According to the Bloomberg report, Turkish retail investors favor this new tax on crypto trading as a hedge against

June 14, 2024 1 min read

Polygon Launches Community Grants Program, Allocating 35 Million MATIC

Polygon has announced the launch of its Community Grants Program (CGP) to foster the growth of its ecosystem and support the development of new projects built on both the Polygon and Ethereum networks. For the program’s inaugural season, Polygon has allocated 35 million MATIC tokens to fund innovative projects and

June 11, 2024 2 mins read