South Korea Recovers $4.6 Million from Crypto Tax Evaders South Korea retrieves $4.6 million from individuals who evaded taxes through cryptocurrency.
South Korea’s Gyeonggi Province has made significant strides in reclaiming funds from crypto tax evaders, amounting to $4.6…
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Is This Historical Bull Run Pattern Finally Forming For Bitcoin?
On-chain data suggests a Bitcoin indicator may finally form a pattern historically associated with bull runs. Bitcoin Long-Term Holders Have Reversed Their Trend Recently According to data from the market intelligence platform IntoTheBlock, the recent activity of the hodlers has been typical for bull markets in the past. IntoTheBlock defines “hodlers” as investors who have
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Bitcoin [BTC] Poised To Hit $150K, Here’s When Bitcoin is likely to reach $150,000, this is the expected time frame.
Bitcoin (BTC) investors are eagerly watching as the leading asset shows signs of a strong comeback. Recent price…
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Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown Major players in the cryptocurrency industry, Binance and Coinbase, are facing challenges as they deal with restrictions on access in Nigeria’s crackdown on crypto.
To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase. According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN)
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VeChain: How Much VET Do You Need to Make $1 Million At $2? VeChain: What amount of VET is required to reach $1 million at a price of $2?
VeChain (VET) has seen a significant rally over the past week. The asset is up by 13.9% in…
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Crypto Fraud No More? New Digital Tracking System In South Korean Province Tracks Tax Evaders’ Wallets Is cryptocurrency fraud a thing of the past? A new digital monitoring system in a region of South Korea is keeping tabs on individuals who evade taxes by tracking their financial activities.
A local report revealed the provincial tax department’s implementation of a new digital tracking system in one of South Korea’s most important provinces. As the first of its kind in the country, the new system reduces the process’ time and facilitates the tracking of crypto assets held by debtors in virtual asset exchanges. Related Reading:
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Grayscale Files For A Privacy-Focused ETF with the SEC Grayscale has submitted an application to the SEC for an ETF focused on privacy.
Grayscale is set to amplify its ETF proceedings. The asset manager filed for a privacy-focused Exchange Traded Fund…
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Without Spot Bitcoin ETFs, BTC Would Have Been Down 20%: Founder Founder says Bitcoin ETFs without any issues prevented BTC from dropping by 20%.
Samson Mow, a developer and founder of a crypto project, has attributed the current Bitcoin price stability to the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Taking to X on February 22, Mow argued that these spot ETFs have prevented a significant price drop. Bitcoin Remains Higher Because Of Spot ETFs The
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$150 Million Venture Fund: Why Hack VC Remains Bullish on Crypto and Web3 $150 million venture capital fund: Reasons why Hack VC is optimistic about the future of cryptocurrency and Web3.
Building upon its $200 million seed round, the firm has raised $150 million for its first venture fund.
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Goodbye, Tron: Circle Announces End of USDC Support On TRC-20 Farewell, Tron: Circle announces discontinuation of USDC support on TRC-20.
Circle, the issuer of the world’s second-largest stablecoin, USDC, announced today it will no longer support the Tron blockchain. This decision, effective immediately for new mints and phased out entirely by February 2025, has ignited speculation about the motivations behind this significant shift. While Circle hasn’t explicitly stated its reasons, experts point to a confluence
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