Visa and Bitcoin Rewards App Fold Expand Partnership to New Regions

Users have been rewarded over $30 million in bitcoin since the debit card launch but the expanded collaboration comes at a time when the “demand for bitcoin onramps outside the U.S is growing,” said Will Reeves, CEO of Fold. Under the new arrangement, Fold and Visa will enter new regions. Plans include empowering existing local financial service companies to launch their own bitcoin rewards through the Fold infrastructure. Original

Who was front-running Binance users?

On Jan. 26, a Medium article revealed that an entity with control over multiple Ethereum addresses had consistently purchased cryptocurrencies prior to their listing on Binance, selling them for a million-dollar profit after the event. The article refers to 16 cases from an on-chain analysis perspective, demonstrating how the mysterious entity was aware of Binance listings several days in advance, and how it was unlikely to be carried out by someone with little experience in concealing its tracks. Surprisingly, Binance founder Changpeng “CZ” Zhao issued a statement on the subject…

Boerse Stuttgart Stock Exchange Taps BaFIN License to Offer Crypto Custody

Ranking as the sixth largest stock exchange in the European Union and second in Germany, Boerse Stuttgart is committed to doubling down on its track record concerning its new crypto service offerings. German stock exchange service provider Boerse Stuttgart Exchange has landed the license to offer a crypto custody service from the country’s top financial regulator BaFin. As reported by FinanceFeeds, the license will now position Boerse Stuttgart as a one-stop shop for service providers ranging from crypto brokerages and trading for institutional investors. The license is the first of…

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Bribery Charge

Federal prosecutors also took time at Thursday’s hearing to discuss their progress reviewing the contents of seven electronic devices produced by Bankman-Fried. Prosecutors told the judge the process was going slower than expected due to the size of the devices and the amount of information. So far, approximately 6 million pages of documents have been produced in the case. One device, identified as Laptop B, is a sticking point for Bankman-Fried’s defense. Source

Biggest Movers: XMR Nears 6-Week High, as LINK Falls Near a Resistance Level – Bitcoin News

Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point. Monero (XMR) Monero (XMR) was one of Thursday’s notable gainers, with prices climbing for a third consecutive session. XMR/USD rose to a high of $163.19 earlier in today’s session, which…

Bitcoin profits are taxable in certain cases, says Denmark’s supreme court

The Justices of the Supreme Court of Denmark have handed down two judgements on whether the sale of Bitcoin (BTC) under certain circumstances qualifies as a taxable event. In a March 30 notice, Denmark’s Supreme Court said a party who gained profits from selling Bitcoin acquired through several purchases and donations was required to report the sale as a taxable event, adding the purchase was “made for the purpose of speculation.” In a separate case, the court ruled a user who mined their own BTC and later sold the coins would be…

Bitcoin profits are taxable in certain cases, says Denmark’s supreme court

The Justices of the Supreme Court of Denmark have handed down two judgements on whether the sale of Bitcoin under certain circumstances qualifies as a taxable event. In a March 30 notice, Denmark’s Supreme Court said a party who gained profits from selling Bitcoin (BTC) acquired through several purchases and donations was required to report the sale as a taxable event, adding the purchase was “made for the purpose of speculation.” In a separate case, the court ruled a user who mined their own BTC and later sold the coins…