Cryptocurrency Analysis and News Portal
“A high standard of privacy and data protection is instrumental in gaining citizens’ trust in this new digital currency,” the European Data Protection Board’s Deputy Chair Irene Loizidou Nicolaidou said in a statement, saying she wanted to “ensure that data protection is embedded early on in the design phase of
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Former FTX engineering director Nishad Singh reportedly told a New York courtroom that former CEO Sam “SBF” Bankman-Fried had a habit of deciding on purchases through Alameda Research by himself.According to reports from SBF’s criminal trial on Oct. 16, Singh said while Caroline Ellison and Sam Trabucco led Alameda, Bankman-Fried
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The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.On May 5, the SUI price was $1.26 per token, down about 70% from its record high of around $4, established two days ago on Binance. Interestingly, on other exchanges like Kraken, the token’s market
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Place/Date: - January 20th, 2023 at 5:11 am UTC · 4 min read Source: Snowfall Protocol The cryptocurrency market has been generating a lot of buzz lately because of the major price gains that it has been providing investors. Some of the
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Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts to address risks.In written remarks for the Insight Summit at the London Business School on Dec. 7, Panetta said harmonizing taxation around crypto between global
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According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the news, and they now have “one less way [to collect donations].” Paypal Reportedly Stops Servicing
Read More“Victims are being treated as suspects. Change is required.” The UK Information Commissioner has called on the criminal justice sector to immediately stop collecting excessive amounts of personal information from victims of rape and serious sexual assault cases. The call
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Earlier this week, Finance Minister Nirmala Sitharaman announced that profits from the sale of virtual assets would be taxed at a flat rate of 30% without any deductions or exemptions. The rate is on par with the highest income tax band, which applies to individuals earning more than 1.5 million
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Bitcoin’s biggest challenge is its volatility and the boom and bust cycles that hinder further institutional adoption, JPMorgan said in a research report.The bank’s fair value estimate for bitcoin (BTC) based on the volatility ratio of bitcoin to gold fell to around four times, or $38,000, analysts led by Nikolaos
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Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at $67,000.Now that the price has briefly
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