Category: News

Russia’s Federation Council – the country’s upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation imposes a maximum tax rate of 15% on Bitcoin (BTC) and other digital asset mining operations. New Cryptocurrency Tax Law Set To Come Into Effect...

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate...

Coinbase Global Inc. (NASDAQ:COIN) has been riding a wave of bullish momentum, and the charts just delivered a major technical milestone: a golden cross. The stock soared 143.3% over the past year, 31.41% in the past six months, and 41.57% in the last month. Whether this rally has more...

Crypto sleuth ZachXBT has accused a former professional gamer and cybersecurity analyst of helping steal $3.5 million from numerous memecoins scams. The on-chain detective’s investigation unveiled a connection between the Australian man and nine crypto hacks. Former Pro Gamer Turned Crypto Scammer On Wednesday, ZachXBT alleged that former professional...

Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company’s achievements this Thanksgiving, highlighting a record market cap and mining success. What Happened: Thiel took to social media on Friday to commend the efforts of his team at MARA. As per Benzinga Pro, MARA reached a market cap...

Sofia, Bulgaria, Nov. 29, 2024 (GLOBE NEWSWIRE) — Bullionz, a leading platform in gold trading, is expanding its horizons by launching a cutting-edge cryptocurrency exchange. Originally founded to offer a seamless gold trading experience with its ERC-20 gold-backed digital token, BTXG, Bullionz has successfully merged the stability of gold with the...

A new report indicates that stablecoins, currently a $163 billion market, could grow to represent 10% of the U.S. money supply, hinging on regulatory clarity, which appears increasingly likely under the incoming Donald Trump‘s administration. What Happened: “Stablecoins have the potential to revolutionize global financial systems, bridging gaps that...

A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid. What Happened: The trader’s wallet shows 219,268 HYPE tokens, valued at $839,821 at the time of taking the snapshot, sparking discussions on how airdrops can shape user behavior and...

Black Friday, the day after Thanksgiving in the U.S., has become synonymous with enticing discounts, big bargains, and massive sales, marking the start of the critical Christmas shopping season. With time, the traditional one-day frenzy has evolved into a longer season with the introduction of events like “Cyber Monday,”...

A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, a senior employee based in London, claims she was “unfairly dismissed” after raising concerns about the...