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The ECB warns that banks' ties to crypto and DeFi could jeopardize EU financial stability.
The ECB warned today that European banks' ties to crypto and DeFi could jeopardize financial stability. The European Central Banks...
Flexi Group
May 25, 20223 min read
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Wall Street asserts that a Fed-issued digital dollar will destroy banks.
The Federal Reserve is considering launching a CBDC similar to those of other nations, and bankers worry that this would be a risky move....
Flexi Group
May 24, 20222 min read
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During the cryptocurrency downturn, NFT sales volume fell by nearly 55%.
Non-fungible token (NFT) sales have dropped by more than 54% in the last week as the crypto market has plummeted. According to data from...
Flexi Group
May 23, 20221 min read
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After Terra's LUNA Collapse, Hashed Wallet Loses $3.5B, Delphi Digital Announces Loss
Following the collapse of the Terra ecosystem's tokens, terraUSD (UST) and Luna (LUNA), some major investors have come forward to reveal...
Flexi Group
May 20, 20222 min read
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Biden administration wants cryptocurrency exchanges to keep customer and corporate money separate
According to a source familiar with the plan, US President Joe Biden's administration will lobby Congress to require cryptocurrency...
Flexi Group
May 19, 20223 min read
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Tax professionals have pointed out flaws in the OECD's crypto reporting template.
As many in-house tax teams rushed to comment on the steps to implement the framework, the OECD's Centre for Tax Policy and Administration...
Flexi Group
May 17, 20224 min read
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After the UST crash, LFG's reserves have shrunk from 80K to just 313 Bitcoins
The Luna Foundation Guard (LFG), the official custodians of Terra's bitcoin (BTC) reserves, issued a statement on Monday detailing how it...
Flexi Group
May 17, 20222 min read
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The data benefits of blockchain are reaped by TP teams.
Many TP executives said that implementing blockchain technology would allow their companies to save time on tax compliance, gain greater...
Flexi Group
May 13, 20223 min read
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CEO of EminiFX arrested and charged with fraud for his alleged involvement in cryptocurrency pyramid
On Thursday morning, a New York man was arrested and charged with fraud for his role in an alleged crypto investing scheme that the FBI...
Flexi Group
May 13, 20222 min read
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According to a top official, a global crypto regulatory body will be established soon
According to Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO), an association of market...
Flexi Group
May 13, 20221 min read
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What is going on in the crypto market? Important developments
Today's (May 12) Crypto Market Crash News and Updates: The global cryptocurrency market appears to be in free fall, with the prices of...
Flexi Group
May 12, 20222 min read
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The EU is using blockchain to share withholding tax data
To simplify the EU-wide approval process for WHT claims and treaty relief, the European Commission is combining DLT with advances in the...
Flexi Group
May 10, 20224 min read
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How Serious Is Crypto-Crime?
The European Union is in the final stages of discussing how to put new rules in place to combat criminal activity involving virtual...
Flexi Group
May 9, 20227 min read
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SOFTSWISS report: Crypto bets doubled in the first quarter
SOFTSWISS presented a new research on crypto turnover in the iGaming business on Thursday. The analysis compares the outcomes of the...
Flexi Group
May 9, 20223 min read
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A Typo Transfers Seized JUNO Tokens to the Wrong Wallet
Validators, developers, and token holders are arguing over who is to blame for the copy-paste blunder that resulted in the tokens being...
Flexi Group
May 6, 20224 min read
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MicroStrategy reported a $170 million loss on its Bitcoin holdings in the first quarter.
The software company now controls 129,218 bitcoins, which are worth somewhat less than $5 billion. MicroStrategy (MSTR) reported a...
Flexi Group
May 4, 20222 min read
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Nansen data suggests that 'smart money' wallets are unloading APE and loading up on aSTETH.
According to data from blockchain analytics firm Nansen, prolific and active cryptocurrency traders have been unloading Yuga Labs'...
Flexi Group
May 3, 20222 min read
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Fintech companies racing against the clock to fulfill Indonesia's VAT deadline for digital wallets
According to Indonesian tax specialists, several financial technology (fintech) firms are still scrambling to get their systems and...
Flexi Group
May 2, 20223 min read
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Edward Snowden was instrumental in the development of the Zcash privacy coin.
Under a pseudonym, the NSA whistleblower and privacy advocate was one of six people who took part in the cryptocurrency's fabled 2016...
Flexi Group
May 1, 20225 min read
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An ECB executive has slammed crypto trading calling the €1.7 trillion industry a 'Ponzi scheme'
A top European Central Bank (ECB) official dubbed cryptocurrency "Ponzi schemes" and asked for a crackdown to avoid a "lawless frenzy of...
Flexi Group
Apr 27, 20221 min read
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