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Search Results for: Cryptocurrency

Gnosis (GNO) Price Prediction 2022 – Will GNO Hit $500 Soon?

In Gnosis (GNO) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about GNO to analyze the future movement of the cryptocurrency.  Gnosis (GNO) Current Market Status According to CoinGecko, the price of Gnosis (GNO) is $162.40 with a 24-hour trading volume of $2,511,645 at the

August 22, 2022 9 mins read

South Korea Levies Significant Gift Tax on Crypto Air Drops

Free transfer of assets is considered a “gift” under the Inheritance and Gift Tax Act. In South Korea, a gift tax must be paid on any asset with a monetary value. A new gift tax on airdrops for crypto assets is reportedly being considered by the Ministry of Strategy and

August 22, 2022 2 mins read

Binance CEO CZ Speaks About Trading Jitters on Exchanges

The crypto community on Twitter concluded that CZ was making a jab at FTX. SBF said he would be willing to collaborate with the FDIC in the future. When Binance’s CEO, Changpeng “CZ,” Zhao, heard about the widely publicized problem of trading jitters on other cryptocurrency exchanges, he expressed worry

August 22, 2022 2 mins read

Hackers Target Bitcoin ATMs Using Zero Day Exploit

The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting

August 22, 2022 2 mins read

New Australian Government Opens Up on Crypto Regulations

The token mapping effort aims to be completed by the end of the year. The Treasury will also begin working on some of the other recommendations soon. The Australian Labor Party (ALP) has finally spoken out on its plans for crypto legislation three months after coming into office.”Australia as a

August 22, 2022 2 mins read

Attackers on Ronin Bridge Made Off  $625M Switch Money to Bitcoin

The assets taken from Ethereum have been transferred by Ronin hackers . Most of the stolen funds were first converted to ETH and sent to Tornado Cash. The Ethereum assets that were taken by Ronin hackers have been moved to the Bitcoin network. The hackers who carried out the $625

August 22, 2022 2 mins read

STEPN Collaborates With Atletico de Madrid Over NFT Collection

Each of the 1,001 pairs of boots is a “Genesis” model. Each NFT holder gets placed into a lottery for a trip to Madrid, Spain. To celebrate the launching of a new collection of 1,001 soccer boot NFTs in STEPN’s “move-to-earn” running app, the company joined up with Spanish soccer

August 22, 2022 2 mins read

‘Block’ Under Scrutiny by Consumer Financial Protection Bureau

Cash App’s handling of customer complaints and disputes is the subject of the probe. The deadline for 2021 compliance was also December 5, 2021. Block Inc., founded by Jack Dorsey, is being sued by the Consumer Financial Protection Bureau (CFPB). The Consumer Financial Protection Bureau claims that Block did not

August 21, 2022 2 mins read

Gemini Exchange Introduces Staking Services For Polygon (MATIC)

There will be less technological requirements for its staking users. Gemini will pay for improvements to the infrastructure, as well as gas expenses. On August 18, Gemini finally began its staking process. Gemini said in a release that the MATIC token issued by Polygon can be staked and eligible for

August 21, 2022 2 mins read

Revenue Growth of FTX Surges by Over 1000% To $1.02B in 2021

FTX had $2.5 billion in cash and a 27% profit margin at the end of 2021. According to reports, FTX generated $270 million in Q1 2022. When Bitcoin (BTC) and other cryptocurrencies reached record highs in 2021, FTX was one of the several crypto exchanges that witnessed the entire phase.

August 21, 2022 1 min read