MicroStrategy can ignore Bitcoin bear market price crash to $20K — Research
Corporate Bitcoin adoption is “going parabolic,” and early birds have little to worry about when it comes to BTC price corrections.
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Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court
The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries. 1323 Total views 17 Total shares The UK High Court has appointed the Official Receiver as liquidator of the cryptocurrency trading platform, GPay Ltd.According to an announcement published by the UK Insolvency Service on June 30, the crypto exchange…

Bitcoin Price Reclaims $9K as US Gov’t Asks for Another $3 Trillion
On May 5, Bitcoin (BTC) price recovered a significant portion of its losses from Sunday’s weekly close correction and data from Cointelegraph Markets and CoinMarketCap shows that within the last hour the digital asset crossed above the $9K mark again. Despite correcting to $8,500 on Sunday, Bitcoin price quickly rebounded and found support in the $8,700-$8,850…

BitMEX executive surrenders in New York, pleads not guilty
BitMEX's co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York. 1720 Total views 12 Total shares Ben Delo, one of the founders and co-owners of embattled crypto derivatives exchange, BitMEX, has surrendered to U.S authorities in New York. According to Bloomberg, Delo was arraigned remotely before U.S Magistrate Judge…

Latvia’s central bank opens pre-licensing consultations to crypto companies
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.

The Five Hidden Principles in Staking and Validating
As the Ethereum community anticipates the long-awaited launch of Ethereum 2.0, users are also bracing themselves for a major systematic shift from a proof-of-work model to a proof-of-stake. As a reminder, in PoW networks, miners have to compete with one another to solve complex mathematical problems to validate a block. The first miner to solve…

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. 429 Total views 9 Total shares Own this piece of history Collect this article as an NFTWith the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service…

Ethereum layer 2 SOON raises $22M via NFT sale for mainnet launch
SOON raised $22 million through an NFT sale to celebrate its mainnet launch, aiming for community-driven growth with fair tokenomics and Solana Virtual Machine integration.

Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. 342 Total views 2 Total shares On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s…