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A suit filed in U.S. Courts in Texas alleges fraud, breach of contract, unjust enrichment, violation of deceptive trade practice law, and negligence over a token sale for a Web3 game that never materialized. NEW YORK, NEW YORK - MAY 18: Logan Paul attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 18,...
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector. India has kept its restrictive crypto tax rules unchanged in 2023. In fact, Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets, blockchain or central bank digital currencies (digital rupee) while unveiling the nationâs...
Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Bitcoin(BTC)has just clocked its 11th consecutive day outside the âFearâ zone in the Crypto Fear and Greed Index,...
A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. Texas Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sidesmight agree onâ food. Cruz introduced a concurrentresolutiondated Jan. 25 that would only allow vending machine and food service contractors that acceptcrypto as...
The crypto-friendly bank has been reducing its involvement in digital asset markets in recent weeks, part of the ongoing fallout from recent crypto industry debacles. Signature Bank will not handle transactions of less than $100,000 for crypto exchange customers, according to a statement from exchange giant Binance. Binance said in the statement emailed to CoinDesk that Signature had told the...
There is plenty to be optimistic about when it comes to further BTC price gains, RSI analysis concludes. Bitcoin is in for a new âbig rallyâ as market strength copies conditions from after the 2018 bear market. According to the latest analysis, BTC/USD will continue to head higher âafter some consolidationâ thanks to key signals from its relative strength index...
The WEF's annual meeting closed with a fiery panel on the role of regulators in crypto, and more from Davos. The World Economic Forum's annual conference wrapped up Thursday in Davos, Switzerland. (Nikhilesh De/CoinDesk) DAVOS, Switzerland â The crypto worldâs efforts to showcase a stable industry in front of the worldâs elite wrapped up Thursday outside the World Economic Forumâs...
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday. DCG CEO Barry Silbert (DCG) Cryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice. "In response to the current market environment, DCG...
The professor said a âProgramming Bitcoinâ course will follow the first Bitcoin course, where students will learn how to âbuild a Bitcoin library from scratch.â Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp. According to an email sent to users and seen by Cointelegraph, the Foundation...
Gemini and Genesis have been engaged in a public spat after Genesis suspended withdrawals last year. Tyler and Cameron Winklevoss at TechCrunch Disrupt NY 2015 (TechCrunch/Wikimedia) The U.S. Securities and Exchange Commission (SEC) alleged crypto exchange Gemini and crypto lender Genesis Global Capital sold unregistered securities in alawsuit filed late Thursday. The investment regulator took aim at Gemini Earn, the...