Cointelegraph By Arnold Kirimi
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Central Bank of Jordan (CBJ) has revealed that it is researching issuing a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing.Adel Al Sharkas, the governor of CBJ, has reportedly stated that his institution is researching the option...
Thailand scraps 15% crypto capital gains tax following public backlash
Cointelegraph By Arnold Kirimi - 0
Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appears that some sort of crypto tax will still be implemented.Thailand will reportedly not proceed with its...
Google Cloud ramps up blockchain efforts by launching digital assets team
Cointelegraph By Arnold Kirimi - 0
Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.A Thursday announcement by Yolande Piazza, Google Cloud's VP Financial Services, said the firm has established a Google Cloud digital assets team that...
Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its network more lucrative over time. This appears to have resulted in additional miners, resulting in an...
The cryptocurrency industry is eager to comply with the Financial Action Task Force's (FATF) so-called Travel Rule, and appears willing to work with regulators in order to expedite the process, a new survey found.As per a survey conducted by Notabene, a crypto compliance firm based in New York,...
Turkish president orders ruling party to organize metaverse forum
Cointelegraph By Arnold Kirimi - 0
Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject.Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies, and how transactions are made using them, according to...
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
Cointelegraph By Arnold Kirimi - 0
Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the United States Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On the brighter side, decentralized finance (DeFi)...
BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round.Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the...
Crypto.com shares details on security breach: 483 accounts compromised
Cointelegraph By Arnold Kirimi - 0
The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting "suspicious activities" in user accounts.In a statement on Thursday, Crypto.com revealed that "4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies" had been taken from clients'...
OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH
Cointelegraph By Arnold Kirimi - 0
With two more weeks left in Jan., NFT marketplace OpenSea has seen its monthly trade volume in Ether (ETH) exceed $3.5 billion for the first time ever.According to data from Dune Analytics, OpenSea has now surpassed the all-time high of $3.42 billion set in Aug. 2021 to establish...