Lisa DeLuca, senior director of engineering at Unstoppable, told CoinDesk that bringing AI innovation to Unstoppable will help users further tap into their digital identities as they connect their domains across decentralized applications, games, metaverses and more. Source
Day: March 30, 2023
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…
French Crypto Influencer Ban Will Harm Country’s Attractiveness, Industry Group Says
Lawmaker Arthur Delaporte, one of the architects of the legislation, last week said it would help value the work of legitimate influencers. His proposal was to forbid promotions for crypto firms unless they hold a license, which no company does in France. Source
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…
Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court
Crypto Exchange Zipmex's Restructuring Plan Approved by Singapore Court Source
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…