Coincheck, one of Japan’s largest cryptocurrency exchanges, has agreed to a merger with Nasdaq-listed special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV. Source
Month: March 2022
Blog: Director’s Update – why Covid-19 has shown the FOI Act has never been more important to UK society
The past two years have highlighted how transparency and accountability are fundamental to our democracy – the impact of decisions made by public bodies throughout the pandemic have affected us all in some way. At the start of the pandemic the ICO made clear, along with our colleagues internationally, that transparency about decision making and good record keeping during this period would be essential and a vital means of maintaining public trust. This remains the case. We also set out how we would take account of the significant pressures some…
A Right Way for Investors
To offer the best option for all investors from traditional securities to cryptocurrency investment. 1. Berkshire Hathaway, a Magnate Unequal to Retail Investors Berkshire’s investment practice is full of initiative. It makes use of its sensitive business sense to take the initiative and always maintains the professional quality of discovering value targets, Of course, every investment of Berkshire is in line with the long curve growth trend. ● Anxiety of Retail Investors Berkshire’s record or Buffett’s charm makes people want to exchange all their chips for more because everyone wants…
Number of African Cryptocurrency Users up by Nearly 2,500% – Featured Bitcoin News
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin, the number of cryptocurrency users in Africa grew by nearly 2,500% between January 2021 and January 2022. During the same period, the average number of monthly transactions also went up by almost 1,400%, the report added. Although the African continent’s cryptocurrency transactions…
Brazilian UFC star to receive fight earnings in BTC
Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC). The eighth-ranked UFC flyweight fighter, Nicolau received his first salary in Bitcoin on Monday through a deal assisted by Bitwage payroll service, according to a joint announcement shared with Cointelegraph. The Brazilian sportsman has opted to take a paycheck in BTC to hedge against the rising inflation. Nicolau said that earning Bitcoin will help him secure the value of his hard work and not to worry…
Greatest Blockchain Data & A.I. Projects (The Future of Crypto)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In the world today, we’re seeing everything sped up including a shift to automation, which I believe will be combined with blockchain technology and artificial intelligence. I believe the next biggest trend will focus on automated technology using blockchain and AI. One of the biggest use cases will be in the supply chain. Learn about a few more areas that will eventually benefit from blockchain technology and Artificial Intelligence. Today, we are going to explain what’s happening in the world of blockchain…
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
Earlier this year, Indian Finance Minister Nirmala Sitharaman had announced a 30% capital gains tax on crypto, a 1% tax deducted at source (TDS), no offsetting of losses, and taxes on gifts too. There were some expectations that the government could look at easing some of the burden on crypto gains, but those expectations are all but gone. However, there is still a glimmer of hope that the 1% TDS could be reduced. Source
3 Reasons Bitcoin Is Staying Resilient to Powell’s Hawkish Remarks
The leading cryptocurrency changed hands near $42,700 at press time, a gain of about 4% on the day. A drop to $41,000 after Powell’s comments was short-lived, and the prices rose to $43,350 early today. Futures tied to the S&P 500 are pointing to a 0.32% gain. The index was little changed on Monday. Original
Cross-Border CBDC Payments Are ‘Viable,’ Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
Cross-border payments using digital currencies might be coming closer to reality as central banks in Australia, South Africa, Singapore and Malaysia today in a report said their prototype platform for settling state-backed virtual assets was “technically viable.” Source
Bitcoin Impulse Wave Triggered Crypto Market Surge as Whale Closed $120 Million Short Position
The crypto markets kicked off the week in barnstorming fashion with broad-based gains across a plethora of tokens. A Bitcoin impulse wave sent the world’s largest cryptocurrency by market cap into the $43k region before a slight retrace back into the $42k range. One anonymous whale is said to have triggered the spike in BTC price after closing a $120 million short position. A BTC whale supposedly closed a $120 million short position on Monday morning. While the reasons behind the trade remain unclear, the decision could be behind a…