Bitcoin Ekasi, a circular bitcoin economy located in South Africa, has opened the Bitcoin Ekasi Center to provide financial literacy and bitcoin for local youths, entrepreneurs, and businesses, per a release sent to Bitcoin Magazine. Ekasi has already onboarded 10 local businesses to bitcoin in the area. The education center has signed on around 20 youths already in just one…
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition. Source: https://cointelegraph.com/news/portugal-proposes-28-tax-on-annual-crypto-trading-profits-next-year
Cable news network CNN has pulled the plug on its web3 experiment, the company confirmed in a statement on Monday evening. In a statement shared on Twitter, Vault by CNN said the decision had been taken to “say goodbye” to the project. No specific reason was given for the move. Vault by CNN was created last year and offered buyers…
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower to Africa. Using Wasted Energy to Mine Bitcoin Gridless, a Kenya-based crypto mining company, has…
Investor cost basis narrowly escapes a support/resistance flip as traders diverge over whether Bitcoin has really bottomed. Source: https://cointelegraph.com/news/bitcoin-risks-key-support-as-trader-says-btc-price-bottomed-at-17-6k
The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now. Source: https://cointelegraph.com/news/the-web3-foundation-taps-edx-for-free-courses-on-blockchain-and-polkadot
Shiba Inu (SHIB) fell 4.5% over the past 24 hours and is now trading hands at $0.00001032, slightly recovering from the daily low of $0.00000998 seen earlier on Tuesday, according to CoinGecko. The popular meme coin’s downwards price action comes amid the broader crypto market slump, which saw the cumulative value of all digital currencies fall 2.2% over the day…
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. Source: https://cointelegraph.com/news/it-s-legislation-season-in-the-eu-law-decoded-oct-3-10
Bitbase, a Spanish cryptocurrency ATM company, is planning to keep expanding its services in 2023. The company, which received investments from Dextools and Woonkly, two Web3-based decentralized companies, aims to reach 200 cryptocurrency ATMs installed in Spain. Bitbase is also working to obtain licenses to begin operating in countries like Italy, England, Germany, and the Netherlands, and in Latam countries…
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year. Source: https://cointelegraph.com/news/nifty-news-logan-paul-s-nft-sees-small-jump-in-value-after-600k-loss-paramount-ford-and-other-big-brands-make-notable-nft-trademark-filings-and-more
