South Korea’s New Crypto Tax Code Will Enter Into Force on January 1, 2022
The ruling party plans to postpone the adoption of cryptocurrency tax laws, but the finance minister is unwilling to do so. South Korea's Minister of Strategy and Finance Hon Nam-Ki pledged that the cryptocurrency tax code will enter into force on
An Employee Of OpenSea Was Caught On Insider Trading
OpenSea, an NFT marketplace, recently fired an employee who was caught on insider trading. Such behavior clearly wasn’t in any way compatible with the company's values, so they had to fire him. That’s what they wrote in their blog. OpenSea does
Coinbase Intends to Provide Customers With the Ability to Trade Crypto Futures
US cryptocurrency exchange Coinbase intends to obtain the permission to trade cryptocurrency commodity futures. According to the website of the National Futures Association (NFA), the exchange filed an application on September 15. Coinbase tweeted that in this way, the exchange intends to
Virgil Sigma and VQR Manager Stole $54 Million From Investors
The founder of two cryptocurrency hedge funds, Stefan He Qin, was sentenced to 7.5 years in prison for defrauding investors out of $54 million using the Ponzi scheme. According to a September 15 report by the US Department of Justice, US
The Number of Investors in Cryptocurrencies Over 65 Increased — BTC Markets
Australian cryptocurrency exchange BTC Markets reported that over the past year the number of investors in cryptocurrencies over 65 has increased by 15%. In its annual report to investors, the exchange noted that at the moment baby boomers (people born between
Cathie Wood Reveals the Ark Invest’s Investment Preferences for This Year
Ark Investment CEO Cathie Wood said during the SALT conference in New York that Bitcoin's price will grow tenfold over the next five years, and the rise of DeFi, NFT and Eth2 updates have increased the company's confidence in the
Solana, Arbitrum One and Nethermind Had a Really Bad Day Due to Technical Issues
September 14 turned out to be a very unfortunate day for three networks at once. Solana, Arbitrum One and Nethermind faced unforeseen technical problems. At 12:38 UTC on Tuesday, September 14, Solana Status reported that the beta version of the Solana
Bitcoin Billionaires Support Mammoth Resurrection Project
Bitcoin billionaires Tim Draper and Cameron Winklevoss have invested in Colossal's initiative to combat climate change by resurrecting extinct species in their natural habitat. According to Fortune, Colossal, a biological science firm specializing in “extinction prevention,” was founded by geneticist George
The US Congress Intend to Introduce Additional Taxes on the Cryptocurrency Sphere
The US Congress is preparing a draft tax law, thanks to the adoption of which they intend to receive about $3.5 trillion for the budget. According to Politico, the new rules for reporting and paying taxes may also affect the cryptocurrency
The Merger of Greenidge and Support.com is Almost Complete. What Will Change?
Bitcoin mining and power company Greenidge completes merger with customer solutions and technical support provider Support.com. According to the SEC's announcement, the merger will take effect on September 14 after the market closes. Upon completion of the transaction, Support.com Inc. will become