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Cryptocurrency users around the globe face many different threats. SIM Swaps are perhaps the worst type of attack, yet they continue to occur on a regular basis. Anyone keeping bitcoin or altcoins on an exchange would be better off using a hardware wallet of some sorts. Another SIM Swap Story Pops up Users who rely … Read more
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these traders from three local crypto exchanges. Also … Read more
Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to its decentralized digital alternative. The number of businesses accepting crypto payments … Read more
Blockchain technology still has the potential to disrupt traditional finance. Santander is moving ahead with its DLT venture after successfully redeeming a digital bond. Santander has been active in the blockchain industry for several years now. Another Blockchain Milestone for Santander Albeit most of its projects are kept under wraps, this particular development isn’t kept … Read more
A lot of companies and service providers are rolling out staking support for Tezos. The latest company to do so is Ledger, as its Live software now lets users stake XTZ. Ledger is best known for providing hardware wallets to customers all over the world. Ledger Enables Full Tezos Support Their devices are both relatively … Read more
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex This week, the EOS cryptocurrency resumed declining, and on Tuesday, December 10th, it is generally trading at $2.65. On D1, the downtrend is slowing down, and a convergence is forming on the MACD. As the main goal of the developing trend, we should regard the fractal minimum of … Read more
Numerous cryptocurrency exchanges provide fiat onramps for clients all over the world. One notably absent currency is the Pound Sterling, albeit Kraken is offering extra options in this regard. It is crucial for any cryptocurrency trading platform to cater to users from all over the world. Kraken Expands its GBP Options Albeit the UK is … Read more
There are still many questions associated with China’s digital currency plans. The PBoC has now confirmed how the currency will be tested in a few cities, and will gain the support of telecom giants. The to-be issued central bank currency in China will go through rigorous testing first and foremost. PBoC Announces Digital Currency Test … Read more
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning whether the answers would increase the chances … Read more
