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Crypto News
Shibarium Crushes New Major Milestone as 8.4 Trillion SHIB Change Hands
Recent tweets released by the widely-read cryptocurrency tracker Whale Alert state that massive anonymous cryptocurrency holders, often referred to as "whales" in the community, have traded…
Japan Lifts Crypto Tax on Unrealized Profits
The Japanese government's 2024 crypto tax change gets rid of the mark-to-market tax for companies that hold third-party crypto assets. Instead, taxes will be based on sales gains.
At a…
El Salvador Approves the Entry of Foreigners Carrying Bitcoin
The government of El Salvador welcomes bitcoin donations and grants expedited citizenship to foreign donors.
Anyone from outside El Salvador who wants to donate Bitcoin to the…
Crypto Mining in Africa Takes an Unexpected Turn by Russia
Rumor has it that Ethiopia, an African nation, will be the site of a major Russian Bitcoin (BTC) mining breakthrough.
Russian Bitcoin mining solutions company BitCluster has declared…
Russia and India Cut Off US Dollar Trade Worth $40 Billion
A $40 billion trade agreement was struck between Russia and India, utilizing their own national currencies rather than the US currency.
By exchanging $40 billion in local currency,…
Nigeria’s Central Bank Revises Crypto Policies and Bans Their Use
The CBN issued a circular outlining regulations for VASPs, or virtual asset service providers.
Circular No. 22 from the Central Bank of Nigeria (CBN) about virtual asset service…
Paraluni Crypto Protocol Lost $336,000 Due to Attack on Price Manipulation
Beosin, a blockchain security company, has disclosed that the crypto protocol Paraluni was the victim of a price manipulation assault, which caused a significant loss of almost $336,000.
…
Microsoft abandons Windows Mixed Reality in Support of Artificial Intelligence
After virtual reality and augmented reality failed to capture the public's attention, Microsoft decided to stop supporting Windows Mixed Reality and instead concentrate on artificial…
Elon Musk has said that X would introduce its payment services in the middle of 2024
X owner Elon Musk is projected to launch X payments around the middle of next year, at the earliest.
While the incorporation of cryptocurrency is now still a distant prospect, Elon…
The FDIC has revised its regulations and official signs to combat misrepresentations
Protecting investors against crypto deception, the FDIC takes action. Requirements for signage at FDIC-insured banks will be revised in 2025.
This is the first major modification to the…
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