Cryptocurrency Analysis and News Portal
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized Finance (DeFi).The updated regulation focuses on the treatment of digital assets specifically for DeFi lending and staking in the UK, and whether returns or rewards
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Bitcoin saw the largest inflows of any crypto investment product with a total of $50 million, also the most in three weeks, although bitcoin has experienced the brunt of negative investor sentiment over the last two quarters, the report said. Funds focused on the largest cryptocurrency by market value have
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Bitcoin has broken out of its range for the second time in the past month. The first cryptocurrency by market cap is making its way up from its yearly low, $29,900, after a season trending to the downside. At the time of writing, BTC trades at $52,333 with a 1.4% and
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Cardano (ADA) has successfully broken its previous all-time high to set a new one able $2.5. The price movement of the coin has been a tremendous one. ADA’s price has grown over 100% for the past month to settle at a new all-time high. Although the road here has been
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While China continues to stomp on the cryptocurrency industry, its blockchain technology keeps advancing in accordance with the country’s national strategy and its 14th five-year plan. Ansteel Group, a state-owned iron and steel maker, is among the latest to incorporate blockchain technology into its business. Its international trade unit recently issued
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No-loss lotteries appear to have found a snug product-market fit. Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with ease, currently sitting above $51 million spread between DAI, USDC, UNI, and COMP lottery pools.
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Bitcoin is back on a bull run but ether has hit a new all-time high and traders see it has room to grow.Bitcoin (BTC) trading around $37,092 as of 21:00 UTC (4 p.m. ET). Gaining 3.4% over the previous 24 hours.Bitcoin’s 24-hour range: $35,416-$37,245 (CryptoX 20)BTC above the 10-hour and
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Over the last several months, a number of people claiming to be Cryptox staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange for stories written about them or their companies and posted on Cryptox.Through
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Running up against limited experience and resources for monitoring potentially illegal use of digital assets, United States authorities delegate sanctions monitoring to cryptocurrency exchanges and industry players. But do current practices do more harm than good?Who will watch the watchlist?Within the U.S. Treasury, the Office of Foreign Asset Control
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The Russian communications watchdog has launched an offensive on censorship resistant platforms, including the Telegram Open Network (TON) and privacy browser Tor.Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media — better known as Roskomnadzor — published a notice on March 3 seeking to engage contractors to
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