According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at the firm Thomas Gibbs predicts this will take the form of a hike in Capital Gains Tax (CGT) from 20% to 40%. “HMRC sees cryptocurrencies not as a currency but as […]Read More
The recent GameStop short squeeze has brought decentralized finance (DeFi) into mainstream public consciousness. Well-known crypto influencers such as Caitlin Long have espoused decentralized exchanges as an alternative to traditional clearing and settlement infrastructure. Others, including me, have suggested that decentralized credit markets can reduce systemic risk by enhancing financial market transparency. Ajit Tripathi, a […]Read More
With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to […]Read More
Valkyrie Digital Assets filed an application on Friday for a bitcoin exchange-traded fund (ETF), becoming the second company to do so in a month. According to Dallas-registered Valkyrie Digital Assets, the Valkyrie Bitcoin Trust would be listed on the New York Stock Exchange and Coinbase Custody Trust Company, LLC would serve as the custodian for […]Read More
Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management. Source linkRead More
The firm’s bitcoin AUM rose by more than $3 billion in a week. Source linkRead More
EXMO says it is “assuming” the attacker had prior access to some of its hot wallet keys. Source linkRead More
Crypto regulations have proven to be a slippery slope so far, with governments around the world continuing to suppress the industry’s organic growth by instilling poor policies and a general disregard for cryptocurrencies. But builders, developers, and crypto fanatics are fighting back to ensure a fair industry. One such individual is Jesse Proudman, the CEO […]Read More
Innovation hub Tezos Israel has built a hardware security device it says will better secure the staked assets of Tezos’ network validators. Source linkRead More
The incident saw losses of bitcoin, XRP, zcash, tether, ether and ethereum classic, according to early analysis. Source linkRead More
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