Thu, October 1

Search Results for: Cryptocurrency

MicroStrategy’s Michael Saylor Charged With Tax Evasion

D.C sued Michael Saylor for allegedly claiming other residences.  Michael Saylor failed to pay more than $25 million in income taxes. Washington, D.C. sued MicroStrategy’s co-founder and Executive Chairman Michael Saylor on Wednesday for tax fraud. District of Columbia claiming that he failed to pay over $25 million in income

September 1, 2022 2 mins read

Bybit Collaborates With Circle to Provide USDC Spot Pairs

To facilitate the expansion of Bybit as a gateway for retail and institutional USDC-settled products, the third largest crypto derivatives exchange by volume, Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC), has partnered with Bybit. Bybit’s long-term goal

September 1, 2022 2 mins read

Sam Bankman-Fried Optimistic of Present Crypto Winter

The CEO has no preference for whatever government agency oversaw the sector. Some of the rescue investments were successful, according to Bankman-Fried. FTX CEO Sam Bankman-Fried has said that the crypto winter might have been considerably worse in terms of asset values. The sector, according to the billionaire investor, requires

September 1, 2022 1 min read

Paraguay President Vetoes Crypto Mining Regulation

On Monday, President Mario Abdo Bentez of Paraguay rejected a law that would have controlled the commercialization of cryptocurrency mining and other digital asset operations. The president’s official account tweeted, “The Executive Branch objects to the bill that seeks to regulate crypto mining in the country.” According to the decree,

August 31, 2022 1 min read

Ever-Highest Inflation Rates Were Observed in Italy 

Consumer prices have increased by 0.8 percent every month, speeding up from the 0.4 percent rise in July Bitstamp, Crypto.com, and Coinbase have received approval for their services in Italy. According to current trend happens, there has been widespread inflation all around the world. The recent data, Italy has had

August 31, 2022 2 mins read

Indonesian IT Giant Acquires Local Crypto Exchange For $8.38M

There was no mention of future intentions for PT Kripto Maksima Koin. PT Kripto Maksima Koin will be given its license on January 28, 2022. GoTo (PT) Gojek Tokopedia Tbk (GoTo), an Indonesian IT business, recently acquired the local cryptocurrency exchange PT Kripto Maksima Koin.The fourth most popular country in

August 31, 2022 1 min read

Can Terra LUNA Pull Off Like Bittorrent Token (BTT)?

A 60-day bull run increased prices by a whopping 1,000% for BTT. The market value of Bittorent Token (BTT) dropped to $272 million in January 2021. On-chain and technical analysis of Terra’s LUNA price exhibit striking similarities to the bottom of BitTorrent Token in 2021, which triggered the notorious 10x

August 31, 2022 2 mins read

Central African Republic Court Denied Bitcoin Legal Tender Offer

CAR is the first nation in Africa to accept Bitcoin as legal tender. Only $1.2 million of the Sango coin had been purchased since August 24, 2022. Africa supreme court ruled on Monday, that the Central African Republic’s proposal to make land and natural resources for cryptocurrency was unconstitutional. It

August 31, 2022 1 min read

Tether Denies Claims of Inadequate Stablecoin Reserves

The firm disclosed the intention to provide monthly updates on the financial reserves. It denied the article’s assertions that the company is losing money. As Tether put it, “unsubstantiated conclusions” have been made about the stablecoin’s reserve adequacy. Tether responded with a statement after a Wall Street Journal report raised

August 30, 2022 2 mins read

Thailand SEC Charges Bitkub Exchange’s CTO of Insider Trading

Bitkub’s CTO Samret Wajanasathian was penalized 8,530,383 baht (about $234,000). The announcement caused a 101% increase in the price of KUB. Enforcement procedures were taken by the Securities and Exchange Commission of Thailand. The action was taken against the chief technology officer of the cryptocurrency exchange Bitkub. This was for

August 30, 2022 1 min read