Hong Kong investment firm’s board gives nod to more Bitcoin buying
Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC.
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Bitmex parent 100x appoints German stock exchange exec as new CEO
Amid ongoing legal action from U.S. authorities, the company behind Bitmex — 100x — has announced a new CEO. 2399 Total views 16 Total shares 100x — the holding group for Bitmex’s parent company — has announced the appointment of a permanent new CEO in the wake of charges filed in Octob against the exchange’s…

EU will decide on digital euro in January 2021: ECB president
“At that point in time we will make the decision as to whether or not we go forward with the digital euro.” 1628 Total views 21 Total shares The president of the European Central Bank, Christine Lagarde, has said that the bank should reach a decision on releasing a digital euro early next year.In an…

CoinMarketCap Gets Ready to Play Cat and Mouse Games With Exchanges
CoinMarketCap has announced a new, iterative approach to provide credible exchange rankings following extensive community feedback and criticism.As part of an announcement made on May 13, the cryptocurrency price aggregator is set to implement the first of its newly outlined steps tomorrow, on May 22.The first step will be relatively minor as it removes the…

Decentralized autonomous organizations: Tax considerations
A decentralized autonomous organizations (DAO) is an organization that is managed by a computer program powered by blockchain and run by a group of individuals who collectively vote to decide on organizational proposals. Typically, each member’s voting power is determined by their percentage interest in the DAO, which is calculated by dividing the digital assets…

What is simulation theory? The savage illusion of living in a computer simulation
Simulation theory is a fascinating concept that posits the idea that our reality and everything within it might be nothing more than an elaborate computer simulation. This thought-provoking hypothesis challenges our understanding of existence, blurring the lines between what is real and what might be an illusion. In this article, we will delve into the…

Interest rate hike speculation triggers outflows from crypto investment products: Report
According to CoinShares, digital asset investment products saw outflows totaling $72 million last week, as investors brace for the Fed's forthcoming rate decision on May 3. Own this piece of history Collect this article as an NFTOn May 2, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Weekly Report,” which stated…

Grammy CEO clarifies AI Drake song ineligible for award over copyright issues
The Record Academy executive clearly stated that the track is “not eligible” and cited that the vocals were not legally obtained nor were they cleared by the label or artist. 152 Total views 1 Total shares The CEO of the Recording Academy, which hosts the yearly Grammy Music Awards, has cleared up misconceptions regarding the

Suspicions Grow During BitBay’s 18-Hour Outage
Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider.On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange stated that it had contacted the provider and was working on resolving the problem.Founded in Poland in…