Blockchain Archives - Page 6 of 14

News

Japan Financial Regulator Moves To End “Paper Profits” Tax On Digital Assets

by Crypto Oracle September 5, 2023

Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets. According to local news outlets, the Agency’s proposal to change the tax code is in line with several calls…

News

Crypto Casino Stake Opens Withdrawals After Reported $40M Exploit

by Crypto Oracle September 5, 2023

On September 4th, at 9:28 pm UTC, the crypto betting platform Stake resumed its deposit and withdrawal services only five hours after a reported $40 million exploit. The incident began with multiple unusual transactions on Monday morning Eastern Time, with approximately $16 million…

Industry News

Binance Head of Product Mayur Kamat Steps Down, CZ Pushes Back On FUD As BNB Price On

by Crypto Oracle September 4, 2023

Crypto exchange giant Binance confirmed to Cryptonews on Monday, that the company’s global head of product, Mayur Kamat, has resigned, amid a mass exodus of executives and job cuts within the company. “We can confirm that Mayur has stepped down from his role as…

News

China Court Classifies Digital Assets As Property Despite Blanket Ban By Government

by Crypto Oracle September 1, 2023

A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law. In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the…

News

Is Friend.Tech Dead? Can This New SocialFi Platform Be the Next Big Thing in Crypto

by Crypto Oracle September 1, 2023

SocialFi platform Friend.tech went viral across Twitter after rolling out its beta on August 11th but since then, has been declared ‘dead’ by some media outlets after its volume and inflows declined. Cointelegraph, CryptoNews, and even sites outside of the cryptocurrency space,…

News

Amazon’s Free NFT Giveaway: Here’s How to Claim Your Loot

by Crypto Oracle August 31, 2023

Amazon Prime is dishing out free gaming NFTs to its subscribers through its Prime gaming portal. The $15 per month subscription lets users claim a variety of free NFTs available on the site, which can also be used in their blockchain's respective…

News

In 2023, African Blockchain Startups Will Fall to 5.5% of Total Fintech Ventures, Up Over 17%.

by Ridwan Ridwan August 31, 2023

According to a recent analysis analysing the expansion of Africa's fintech ecosystem during the previous two years, there were fewer active blockchain companies with a fintech emphasis in Africa between 2021 and 2023. The report claims that between 2017 and 2019, the…

Coins News

African Blockchain Startups Decrease

by 'Femi Michael August 31, 2023

The number of active blockchain ventures fell to 42 (7%) in 2021, and has now fallen further with 37 startups accounting for just 5.5% of the total. More than half of the startups are from Nigeria, with 21 startups representing 58% of…

Bitcoin News

Robinhood Ends Crypto Partnership with Jump Trading – What’s Going On?

by Crypto Oracle August 30, 2023

Retail broker Robinhood has reportedly ended its crypto business relationship with market maker Jump Trading, and the regulatory environment in the US may be a reason. In 2018, Robinhood Markets Inc. decided to add cryptocurrency trading - but it needed help to do so,…

Bitcoin News

Angola wants to ban BTC mining

by Crypto Oracle August 30, 2023

Angola wants to ban BTC block reward mining, citing the high energy consumption at a time when more governments are scrutinizing the sector. In July, Angola’s Cabinet signed off on a draft bill that bans BTC mining. The bill is now before the country’s parliament,…