Proposed Capital Gain Tax In U.K. Could Affect Crypto Holders
Cryptocurrency holders and the crypto community in the UK are seriously monitoring the developments regarding a possible increase on capital gains. The proposed tax hike is expected to be deliberated by Rishi Sunak, the U.K.’s Chancellor of the Exchequer. Although Sunak
Polkadot Sees Interest From Financial Giants
[ccpw id="9274"] The rate of mainstream finance adoption of cryptocurrency assets is increasing at an unexpected level. While much of the interests have been in Bitcoin, many other cryptos have been on the radar of various intitutions. However, one in particular
XRP Ledger Validator Uses Former Nuclear Bunker
[ccpw id="9268"] The developer partner behind Flare blockchain Towo Labs has revealed that one of its validator XRP utilizes a former nuclear bunker. Its most popular product is the web interface of the XRP ledger, the XRP toolkit. However, Towo Labs made
220 Million XRP Moved To Unknown Address
[ccpw id="9268"] Crypto tracking service Whale Alert has revealed that an unknown crypto whale has moved about 220 Million XRP, currently worth $121 Million, from Coinbase exchange to an unknown address. This is coming following the recent rise of the XRP token,
Bank Mellon To Offer Bitcoin Custody Services
American banking giant BNY Mellon, with about $2 Trillion in assets under management, has announced its plans to provide Bitcoin and crypto custody for its clients. The announcement is coming when some mainstream firms are making moves to join the Bitcoin
Cuban Says Bitcoin Sure To Win Against Conventional Stocks
[ccpw id="9203"] Billionaire investor Mark Cuban has joined the growing list of prominent investors that see Bitcoin as a viable investment opportunity. The owner of the National Basketball Association’s Dallas Mavericks recently started associating himself with the top cryptocurrency and has drawn
South African Regulations Tighten On Cryptocurrency
South African financial watchdog, the Financial Sector Conduct Authority (FSCA), wants to intensify efforts to regulate all digital assets in the country. The proposal is coming following the recently increased market activities within the crypto sector and the rise in fraud
World Economic Forum Featured Two Cryptocurrency Sessions
As evidence that shows digital assets’ gaining adoption by the mainstream, the upcoming Davos Agenda’s World Economic Forum recently featured two different sessions on cryptocurrency. The sessions held on Monday and Thursday of this past week, were titled “Resetting Digital Currencies.” Five
OKCoin To Integrate Bitcoin’s Lightning Network
[ccpw id="9203"] Cryptocurrency exchange OKCoin has joined a list of crypto exchanges that have integrated Bitcoin’s lightning network on their platforms. According to OKCoin, the integration will lead to significant improvements in transaction speeds and the reduction of fees as well. The
Over 2.7 Million ETH Staked On Growing 2.0 Platform
[ccpw id="9211"] The confidence in Ethereum 2.0 has continued to grow stronger each passing day, as the second largest cryptocurrency by marketcap keeps adding more approved validators. More coins are now being staked on the Ethereum 2 deposit contract. There has been