By Bivu Das, Kraken U.K. General Manager “Tax complexity itself is a kind of tax.” This famous quote from U.S. Senator Max Baucus resonates regardless of your country of residence. In the emerging crypto ecosystem, there are additional complications given the lack of clear and consistent jurisdictional tax guidelines and the importance of accurately tracking crypto prices across multiple wallets…
Author: Crypto Superhero
The Interface-off Challenge: Think your Kraken Pro setup is top-tier? Prove it and win!
Calling all trading maestros! It’s time to showcase your Kraken Pro prowess in our Interface-off Challenge. Your trading desk is a command center, so show us your customized layout that would make Wall Street traders green with envy. Kraken Pro customization features enable you to create your personalized trading screen exactly as you like it. The Challenge Harness Kraken Pro’s…
Can treasury-linked stablecoins bring stability to DeFi?
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility. Source: https://cointelegraph.com/news/usdx-flare-network-treasury-stablecoin-defi-tradfi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
2024 Scam Awareness Week: Empowering users to safeguard their digital finances
As the world of digital finance continues to evolve, it’s essential to stay informed about the risks associated with fraudulent activities. During Scam Awareness Week, we aim to educate users on how to protect themselves from scams and highlight the industry’s efforts to create a safer ecosystem. Recognizing the risks: Common scam types Several scam types have emerged in the…
Chainlink, Microsoft, Banco Inter collaborate on Brazil’s CBDC pilot
The Drex phase two pilot leverages Chainlink’s CCIP and Microsoft’s cloud infrastructure to innovate trade finance automation. Source: https://cointelegraph.com/news/brazil-drex-cbdc-pilot-phase-2-trade-finance-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
KAS now available for trading!
November 19, 2024 | Asset Listings We’re thrilled to announce that $KAS are now available for trading on Kraken! Funding and trading Trading for $KAS will be live as of 14:00 PM UTC today, November 19, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit…
IntelligentCricket and Neon Eight Group Co-Lead $5 Million A-Round Fundraise for Sports Metaverse Platform Bitball
PRESS RELEASE. The sports metaverse platform Bitball has completed a $5 million A-round fundraising co-led by IntelligentCricket, a global leader in cricket analytics, and Neon Eight Group, a private equity group focused on sports whose portfolio includes MPS Data. This round brings Bitball’s total funding to $7 million, following a previous $2 million investment from […] Source: https://news.bitcoin.com/intelligentcricket-and-neon-eight-group-co-lead-5-million-a-round-fundraise-for-sports-metaverse-platform-bitball/
Bitfinex Securities debuts tokenized US T-bills under El Salvador laws
Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL. Source: https://cointelegraph.com/news/bitfinex-securities-tokenized-us-t-bills-el-salvador?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Laptop Used to Trace Bitcoin Stolen From Bitfinex Headed to Smithsonian
The 2019 MacBook Pro used by the IRS to trace and seize $3.6 billion worth of Bitcoin stolen from crypto exchange Bitfinex is being put in the Smithsonian’s National Numismatic Collection. At the time, a Department of Justice press release touted the recovery of the stolen BTC as its “largest financial seizure ever.” The National Numismatic Collection (NNC) aims to…
Dogecoin Price Leaps Again as Bitcoin Nears All-Time High
It’s been a quieter few days for Dogecoin fans after a post-election season sprint that took the original meme coin to a three-year high price of about $0.43, but DOGE is finally running back up the charts again. Dogecoin hit a price of $0.40 on Tuesday morning, per data from CoinGecko, for the first time since November 14, marking an…