Cryptocurrency Analysis and News Portal
Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar.After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to
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Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi.Cypherpunk announced the news in a Nov. 21 press release, specifying that it thus acquired a 4.5% stake in zkSnacks. With the acquisition, Cypherpunk’s chief investment officer Moe Adham
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Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds. Source
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According to an official from the United States Internal Revenue Service (IRS), ‘like-kind’ tax exemption has not been applied for taxpayers with crypto transaction records.This holds true for transactions even before 2018. After changes were introduced to the 2017 taxation structure, taxpayers were prohibited from utilizing the tax exemption scheme
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The Ukrainian government has passed a new law that ensures that the citizens of the country reveal the amount of cryptocurrency they hold. The new law is part of Ukraine’s efforts to tackle the issue of corruption. One part of the new law forces citizens to disclose if them or
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The first ever cryptocurrency firm to be listed on a major stock exchange has launched a new bitcoin fund. DigitalX, which debuted on the Australian Securities Exchange (ASX) under its previous name DigitalBTC as far back as 2015, announced
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Voyager Digital (Canada) Ltd., a leading cryptocurrency broker listed on the Canadian Stock Exchange (CSE: VYGR), has announced the launch of the Voyager Interest Program (VIP), enabling its clients to earn up to three percent interest per annum on their bitcoin (BTC) holdings and five percent on Ethos (ETHOS) token
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Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance.Focus on blockchain technologyOn Oct. 4, Line, together with Line Group company LVC Corporation and Nomura Holdings, announced that the three companies have signed the final capital alliance agreement, which
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In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.Patrick Byrne shared the letter on his personal website. Within the letter he reveals that he had dumped
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Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings.Elliptic continues to expand in AsiaAccording to a press release shared with CryptoX on Sept. 3, the funding will be used to support continued expansion into Asia, with new
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