According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned.
Tax-Avoiding Digital Asset Platforms
The Kenyan Treasury has said it will start levying taxes on revenues earned by cryptocurrency exchanges used by an estimated 4 million local residents. According to a by…
AIGameToEarn Begins Pre-Launch Whitelisting for AI NFTs and a $100k Guaranteed Leaderboard
April 29, 2023
press release
PRESS RELEASE. Zagreb, Croatia, 28th April 2023, Chainwire
AIGameToEarn, an innovative platform combining artificial intelligence and gaming, started the whitelisting signups for its upcoming launch. The list is open to 2,000 lucky individuals, of which 200…
Microstrategy Founder Michael Saylor to Argentines: 'You Need Bitcoin' — Critics Insist BTC Is Too Volatile
April 29, 2023
Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an…
Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much as $20 million worth of crypto may have been stolen.
Criminals ‘Used an API Access’
Cybercriminals have…
Coinbase Shares Wells Response, Challenges SEC's Change in Attitude Towards Its Core Businesses
April 28, 2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s…
Ethereum Price to Peak at $2,758 This Year, Then Fall to $2,342 by 2023's End, Finder Experts Say
April 27, 2023
A recent survey made public by the online comparison platform Finder.com has revealed the predictions of 32 professionals in the fields of fintech and cryptocurrency. The specialists have expressed their conviction that ethereum, the second largest digital asset by market…
Binance Reportedly Removes Restrictions on Russian Users
April 27, 2023
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions.
Russian Cards, Including Visa and Mastercard, Used to…
On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their…
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above…
Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday
April 26, 2023
Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%.
Cardano (ADA)
Cardano () rose by as much as 9% on Wednesday, as bullish sentiment returned to cryptocurrency markets.
Following a…
