Singapore’s tax authority has updated its guidance regarding digital tokens, exempting “hobbyist” miners from taxation. The Inland Revenue Authority of Singapore, or IRAS, issued updated tax guidance for digital tokens on April 17. The guidelines concern payment tokens, utility tokens, security tokens, and tokens issued through initial coin offerings, or ICOs. Fluctuations in the value […]
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Bitcoin shows signs it is vulnerable to a severe correction, Libra embarks on a massive U-turn to woo regulators, and Maker slapped with a $28-million lawsuit. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, […]
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The U.S. stock market is at a major pivotal point as the TD Sequential indicator has lit up, suggesting a possible sell off in major markets and correlated assets like Bitcoin. The U.S. stock market is at a major pivotal point as a TD9 sell indicator has lit up while the Dow Jones remains at […]
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Binance CEO Changpeng Zhao criticized venture capital fundraising while speaking at the BlockDown 2020. Binance founder and chief executive, Changpeng Zhao, took aim at initial public offerings, or IPOs, and venture capital fundraising while speaking at the recent BlockDown 2020 conference. Despite the recent decline in crypto investment, Changpeng Zhao, or CZ, expressed confidence that […]
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Investor sentiment in the crypto market is gradually turning bullish and a few altcoins look ready to outperform Bitcoin in the short-term. With Bitcoin’s (BTC) halving less than 23 days away, traders would like to go into the event with strong bullish sentiment but this is yet to be determined. If Bitcoin is able to […]
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Gatehub and Bitstamp are facing lawsuits from a Canadian investor over $4.9 million in alleged losses resulting from misleading info. Canadian cryptocurrency investor, Salim Satir, has filed a lawsuit against cryptocurrency exchanges, Gatehub and Bitstamp, with the High Court of Justice of England and Wales over $4.9 in purported losses. The plaintiff claims that the […]
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Modern technologies have unnoticeably become part of our daily lives. Think about the music industry, for example — it’s impressive. Where’s the border between art and technology in the music industry? My immediate feeling when I think about this question is that music is always created with — and by — interesting technologies. The world […]
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Researchers at the Bank for International Settlements think that crypto prices respond well to clear regulation, though they drop when governments issue bans. Researchers from the Bank for International Settlements are finding that cryptocurrency markets actually react positively to news of clear regulations. Findings? Crypto is not such a wild west after all Per a […]
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After sentencing a man who sold drugs on the dark web, police officer Phil Ariss offers lessons from policing crypto crime for four years. Police from the U.K city of Leicestershire issued a statement regarding the February arrest of darknet vendor, Paul Johnson, on April 18. Johnson was jailed for eight years and is believed […]
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Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline. According to DeFi data aggregator DeFi Pulse, the total value of funds locked in […]
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