The president of a major Brazilian trade association said that a proposed tax reform could invite people to turn to crypto to evade taxes. The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes. Paulo Skaf, […]
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A judge in Brazil has ordered crypto exchange’s to provide user data on four suspects connected to the anti-corruption Operation Car Wash case. Four individuals allegedly involved in hacking the cell phones of Brazil’s Justice Minister Sergio Moro regularly used Bitcoin (BTC) and other cryptocurrencies, Cointelegraph Brazil reported on July 25. On July 23, the […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application. Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application, according to a press release published on July 25. Initially, the tZERO Crypto App rolled out in late June supporting two […]
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Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Zuckerberg delivered his statements during […]
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Cryptocurrencies have begun growing again after seeing significant losses over the past couple of days. Thursday, July 25 — After breaking its psychological price point of $10,000 earlier today, Bitcoin (BTC) has been hovering around the position during the day, with other major cryptocurrencies also trading in the green. Market visualization. Source: Coin360 Bitcoin has […]
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Ramona Watts, the wife of Austrlian computer scientist Craig Wright, has been called to testify in a court case regarding the alleged theft of thousands of Bitcoins. Judge Bruce Reinhart, who is overseeing the ongoing Kleiman v. Wright case, has requested international assistance in order to call Ramona Watts, Craig Wright’s wife, to the stand. […]
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Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in latest funding round. Cryptocurrency data and financial technology startup Digital Asset Data announced that it received $3.2 million in funding in a press release shared with Cointelegraph on July 25. A round led by Silver Lake and Glenn Hutchins […]
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The FBI wants to access Whatsapp messages that allegedly refer to securities fraud surrounding Long Island Iced Tea. The United States Federal Bureau of Investigation (FBI) is looking into Long Island Iced Tea’s (LTEA) shift to blockchain for evidence of insider trading and securities fraud. They are now requesting access to Whatsapp messages that may […]
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The Maduro regime is collecting aviation taxes, and soon refuelling bills, using Bitcoin transfers, say local media. Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in airports. According to a report in local news media outlet ABC on July 22, president Nicolas Maduro has […]
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