Satoshi

US–Japan digital trade deal should include crypto: American think tank

Analysts at the Rand Corporation say crypto as part of the bilateral digital trade could lay the groundwork for cryptocurrency adoption in international trade. Sale Lilly and Scott W. Harold of the American policy think tank Rand Corporation have called on the United...

Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director

A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related...

Israeli gov’t seeks to track crypto holdings above $61K

Framed as a "war against black capital," Israel's Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. The Israeli government is ratcheting up its efforts to deter tax evasion and close loopholes for...

US Senators Look to Raise Extra $28 Billion via Crypto Taxes

The latest iteration of the bipartisan infrastructure plan in the United States Senate has been supplemented with several new provisions aimed at expanding crypto-related taxation and reporting requirements. Per the document published today, policymakers are looking...

EY aims to simplify cross-border withholding tax process with blockchain

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to...

Record 57K BTC leave exchanges in one day dropping Bitcoin reserves to pre-crash levels

57,000 BTC leaves exchanges in a single day as demand returns with Bitcoin at the upper end of its multi-month trading corridor. Bitcoin (BTC) demanded a $40,000 resistance flip on July as on-chain data revealed large withdrawals from exchanges.BTC/USD 1-hour candle...

Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors

Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin. The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual...

Bitcoin, Ethereum hash rate starts recovering as Chinese miners redeploy overseas

The hashing power securing the world's two largest blockchains is on track of a slow recovery, as some Chinese miners have gradually completed their relocation after the crackdown. Based on The Block's Dashboard, the seven-day moving average of Bitcoin's hash rate has...

Thorchain Mounts 36% Recovery After Last Week’s Multi-Million-Dollar Hack

July has been a volatile month for the multi-chain DeFi project Thorchain.  In the past two weeks, the project has fallen to two major hacks, which saw its native token, RUNE, fall from a local high of $7.61 down to below $4.  During the second exploit, the attacker...

Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls

The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has...

Helium Hotspot Miner – Mining With Helium Bar

PRESS RELEASE. Helium Network developed a decentralized peer to peer wireless network, which can connect different compatible devices through a series of hotspots. By being a part of this network, people can earn cryptocurrencies (HNT). The Helium hotspot miner...

Pin It on Pinterest