How will the crypto tax debate play out in the UK?
Like many nations, the UK is formulating new rules and guidelines for crypto taxation. Will they help or hinder its crypto hub aspirations?
-
-
Markets: Bitcoin price rises above US$19,000, Ether and rest of crypto top 10 gain
Bitcoin rose above US$19,000 in Tuesday morning trading in Asia, with Ether and the rest of the top 10 cryptocurrencies by market capitalization gaining. The moves reflected strong gains in U.S. equity indexes on Monday after rounding out September with significant losses. See related article: Markets: Bitcoin price falls below US$19,000, XRP down, BNB only…
-
SEC fines Kim Kardashian US$1.26 mln for promoting EthereumMax
Reality TV star Kim Kardashian has been fined US$1.26 million by the U.S. Securities and Exchange Commission (SEC) for promoting EthereumMax (EMAX) tokens on her Instagram account without disclosing the US$250,000 payment she received for the endorsement. See related article: Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale Fast facts The SEC said…
-
Bitcoin miner reserves hit lowest level since Feb 2010
Bitcoin miner reserves are at their lowest level since February 2010, showing miners offloading their holdings, according to data from IntoTheBlock. See related article: Bitcoin mining difficulty drops 2% after reaching all-time high in last adjustment Fast facts There were 1,908,672 BTC in miners’ reserves on Friday, down from 2,030,434 BTC at the end of…
-
3 reasons crypto will spring back after Crypto Winter
The crypto market has been down for months, but the industry’s long-term future is brighter than ever, writes Guilhem Chaumont of Flowdesk. Here’s why.
-
Apes still rule among the bears: NFT market falls for fifth straight month
‘Crypto Winter’ has touched all elements of the crypto market, and non-fungible tokens are no different.
-
Celsius ex-CEO withdrew US$10 mln before freeze on client accounts: FT reports
Alex Mashinsky, who resigned as chief executive officer of Celsius on Sept. 27, reportedly withdrew US$10 million from the crypto exchange in May, weeks before it filed for bankruptcy and froze withdrawals in June, according to the Financial Times. See related article: Celsius on thin ice well before its bankruptcy: CNBC report Fast facts A…
-
Hacker has returned 70% of stolen US$23 mln in funds: Transit Swap
Cross-chain DEX (decentralized exchange) aggregator Transit Swap was exploited, resulting in US$23 million lost funds, crypto auditor SlowMist said on Sunday. The hacker has returned 70% of the stolen funds, Transit Swap said on the same day. See related article: Nomad’s US$200 million hack; Saylor steps down Fast facts See related article: Why blockchain bridges…
-
Markets: Bitcoin price falls below US$19,000, XRP down, BNB only gainer in crypto top 10
Bitcoin was back under US$19,000 in Monday morning trading in Asia, a level it has fluctuated around for most of the past two weeks, boxed in by global macroeconomic concerns that have also hit equity markets. Ether also fell. BNB was the only gainer among the top 10 cryptocurrencies by market capitalization. See related article:…