Plans to extract data from exchanges will enable authorities to audit traders themselves, should questions arise over tax payments. Australia’s tax agency, the Australian Tax Office (ATO), will seek to contact cryptocurrency traders personally about tax issues as part of a new data collection scheme, officials confirmed in a statement on April 30. The ATO, […]
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Founded in 2018 by Ben Schiller, Breakermag will reportedly cease operation due to the lack of a feasible business plan. Breaker Magazine (Breakermag), an American online crypto publication, is reportedly shutting down, industry news outlet The Block reported on April 29. Launched in July 2018, the publication will reportedly cease operations due to the lack […]
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The world’s largest stock exchange announced that it has introduced a new XRP index to its global data service. The world’s largest stock exchange, Nasdaq, announced that it has introduced XRP Liquid Index (XRRLX), a new XRP index, to its global data service. The news was announced in a post on its website published on […]
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Japan and South Korea took the remaining spots in the top three countries, still far behind the U.S. The United States, Japan and South Korea are the world’s biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported April 29. After investigating the origin of traders who use well-known exchanges, DataLight — which […]
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Technology entrepreneur and Tesla CEO Elon Musk has sparked a conversation with Vitalik Buterin. Technology entrepreneur and Tesla CEO Elon Musk has sparked a conversation with ether (ETH) co-founder Vitalik Buterin with his laconic one-word tweet “Ethereum” on April 29. The tweet, which Musk swiftly ironized by adding “jk” within the same thread, prompted Buterin […]
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Crypto exchange Bitfinex is allegedly planning to issue a native exchange token. Crypto exchange Bitfinex is allegedly planning to issue a native exchange token, a post from Bitfinex shareholder Zhao Dong to Chinese social media platform Weibo revealed on April 30. Zhao, who also runs a bitcoin (BTC) over-the-counter trading desk, has claimed that the […]
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The internet giant has not revealed details of the plans, which follow Waterdrop’s $75 million Series B funding round. Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions, Bloomberg reported on April 30. Waterdrop, which forms part of China’s rapidly-expanding crowdfunded health insurance industry, will leverage Tencent’s […]
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London-based West Ham United is partnering with blockchain platform Socios.com to launch a fan token. London-based West Ham United — a soccer team that plays in the United Kingdom’s Premier League — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news was revealed in a press release shared with Cointelegraph […]
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Hackers used Microsoft email accounts to steal users’ cryptocurrency, Motherboard reports. In worsening news for users of Microsoft’s email services like Outlook, Hotmail and MSN, several cryptocurrency holders affected by a recent hack allege that the hackers responsible stole their crypto, as reported by Vice’s Motherboard on April 29. One victim claimed on a Dutch […]
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Quebec energy regulator Régie de l’énergie has released new rules for cryptocurrency miners. Régie de l’énergie, the energy regulator of the Canadian province of Quebec, has released new rules for cryptocurrency miners. The development was announced by major Canadian electricity provider Hydro-Quebec on April 29. Under the new regulations, the Régie de l’énergie has ordered […]
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