Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry.
Miners Criticize Kazakhstan Government’s ‘Unbalanced’ Tax Rules
Crypto mining businesses, authorized to…
Vitalik Buterin Discusses Ethereum Protocol 'Enshrining': 'Blockchains Are Social Systems' – Blockchain Bitcoin News
October 2, 2023
Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for…
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development – Bitcoin News
October 2, 2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a…
As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their own products with giveaways of coins and tokens.
From Binance Rewards to Wall Street Memes, October Brings a Number of…
Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review – The Weekly Bitcoin News
October 2, 2023
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers…
NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices – Markets and Prices Bitcoin News
October 2, 2023
Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been logged, marking the latest seven-day…
Former US President Donald Trump May Change Crypto Stance Dramatically, Says Ex-SEC Official – Featured Bitcoin News
October 1, 2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says former U.S. President Donald Trump’s anti-crypto stance may change dramatically. He further predicted that if a Republican is elected U.S. president, a Republican-appointed SEC chair would, at a minimum, approve a bitcoin exchange-traded fund (ETF) and “may even slow down considerably SEC crypto-related…
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto – Regulation Bitcoin News
October 1, 2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a…
Report: Hacked Nigerian Crypto Exchange Raises Capital for User Reimbursements – Africa Bitcoin News
October 1, 2023
The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing their legal options.
Unilateral Conversion of Users’…
Darknet Marketplace Tor2door Vanishes, Allegedly Swindling a 'Massive Crypto Escrow Balance' – Bitcoin News
October 1, 2023
Numerous reports have detailed that a darknet marketplace (DNM) by the name of Tor2door reportedly pulled off an exit scam, making off with a “massive crypto escrow balance.” Discontent began brewing among Tor2door users when the site vanished from the deep web on September 14, 2023, as per narratives emerging from individuals on the DNM forum Dread.
Tor2door’s Alleged Exit Scam Sends…
