As the Mt. Gox trustee has yet to distribute 64% of the Bitcoin owed to creditors, the Reddit Mt. Gox community is pushing the hodl agenda. Source: https://cointelegraph.com/news/mt-gox-creditors-hodl-btc-payouts-reddit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Greek gov't to impose crypto taxes starting 2025
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government – but not for long as regulators are seeking new taxes on the industry early next year. Source: https://cointelegraph.com/news/greece-crypto-tax-january-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How brands can transform loyalty programs with Web3: Polygon Labs
Polygon researchers argued that brands could use Web3 data to create more targeted products, services and marketing campaigns. Source: https://cointelegraph.com/news/transform-loyalty-programs-web3-polygon-labs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Onchain analysts tie $235M Indian exchange exploit to North Korean hackers
Blockchain forensics firm Elliptic told Cointelegraph that specific patterns and techniques in the WasirX attack led them to believe North Korean hackers were behind the incident. Source: https://cointelegraph.com/news/wazirx-235m-hack-north-korean-hackers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polygon Will Migrate MATIC Tokens to POL During September Upgrade
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Polygon developers have scheduled the MATIC to POL token swap to begin September 4, according to a July 18 blog post. The migration has been in…
German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised […] Source: https://news.bitcoin.com/german-authorities-announce-bitcoin-sale-completion-net-e2-6-billion/
BlockFi Repayments to Its 100,000 Creditors Will Begin This Month
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bankrupt crypto lender BlockFi will begin interim crypto distributions to creditors through Coinbase starting this month, the company wrote on Twitter and in a blog post.…
Bitcoin ETFs have 4-8X more BTC price influence than miners — Research
Bitcoin miners’ “market influence” pales in comparison to the ETFs and exchanges when it comes to BTC price pressure, says Glassnode. Source: https://cointelegraph.com/news/bitcoin-etfs-4-8-x-more-btc-price-influence-than-miners-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chainlink’s tokenization sandbox cuts trials to days instead of months
The sandbox could lead to more financial institutions adopting asset tokenization solutions. Source: https://cointelegraph.com/news/chainlink-tokenization-sandbox-institutional-trials?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment to Fund African Expansion Drive The South African fintech startup Turnstay recently secured $300,000 (over […] Source: https://news.bitcoin.com/south-african-travel-fintech-turnstay-secures-funding-for-regional-expansion-from-dcg-dfs-lab/