Nigeria to tax cryptocurrency transactions for revenue boost
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue.
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Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3. 117 Total views 2 Total shares Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of

Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. 527 Total views 26 Total shares Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company…

Novogratz calls PayPal’s Bitcoin news ‘the shot heard around the world on Wall Street’
PayPal coming to crypto is big news for adoption, says the investor. 1500 Total views 20 Total shares Galaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal's upcoming 2021 Bitcoin (BTC) launch. "I think that's, in some ways, the shot heard around the world…

Bitcoin miners languish amid crypto market rout — JPMorgan
Even miners selling high-performance computing to AI models are under strain, according to JPMorgan analysts. 481 Total views 1 Total shares Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph. Mining stocks

Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year
Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018.Local news channel 7News Sydney reported the latest about the case on Aug. 23. According to the report, Nguyen hacked into the email account of a man with the same last name. She then proceeded to…

Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project
Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project.Four companies abandon shipOn Oct. 11, Bloomberg reported that Ebay, Stripe and Mastercard had decided to drop out of Facebook’s Libra cryptocurrency project. Within minutes, Visa said it had also decided not to join…

Bitcoin to pump as world is on ‘brink of max chaos’ — Bitwise execs
Bitwise CEO Hunter Horsley and head of alpha Jeff Park say macroeconomic signals are flashing that Bitcoin is ready for a price pump.

Bank of Canada says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.