Brewers and farmers from Belgian Barrels Alliance (BBA) have partnered with Zeromint to offer nonfungible tokens (NFTs) aimed at preserving the UNESCO recognized Belgian beer culture and heritage. As a part of the partnership, Zeromint will mint and offer exclusive NFTs on the GoChain blockchain, which will be made available for international beer fans via BBA. Starting today, the organization…
Category: News
Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm – Bitcoin News
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this offer. Gibraltar Could Become…
South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year – Crowdfunding Bitcoin News
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to Be Converted Into Korean Won A Korean lawmaker, Lee Kwang-jae, has said he will start accepting cryptocurrency donations sometime in…
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment. Government officials from the Central GST and Central Excise committee (CGST Mumbai Zone) recovered the funds…
Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown – Bitcoin News
Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.” Malaysian Authorities Shut Down Bitcoin Mining Operation Malaysian police have cracked…
2022 Year Bitcoin Proves Itself World Stage
2021 seemed like the year cryptocurrency grew up. Bitcoin broke out of its three-year bear market in November 2020, going on a massive rally vaulting it into mainstream public consciousness. It was a great year for enthusiasts for sure. We saw Bitcoin become legal tender in El Salvador, and other countries begin walking in President Bukele’s footsteps. Lightning Network began…
Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’ – Regulation Bitcoin News
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end. OSC Says Binance’s Action Is…
Bitcoin price fell short of analysts’ $100K target, but what about 2022?
Bitcoin (BTC) is likely to end 2021 well below analysts’ target projections of $100,000. Kraken CEO Jesse Powell, who had also projected a $100,000 price target for Bitcoin, still remains bullish in the long term, but he does not rule out a sharp drop in the short term. One of the negatives that may add pressure to Bitcoin in the…
Twitch Co-Founder Justin Kan Launches Gaming-Centric NFT Marketplace Fractal – Bitcoin News
The co-founder of Twitch, Justin Kan launched a gaming-centric non-fungible token (NFT) marketplace called Fractal on December 30. Fractal’s focus is on NFTs with video game utility and the project launched an NFT collection called “Fractals,” a 100,000 unique snowflakes that give users benefits while using the primary and secondary NFT marketplace. Twitch Co-Founder Launches Fractal NFT Market On December…
Eminem Buys Bored Ape Yacht Club Ethereum NFT for $450K
The legendary Detroit rapper Eminem has aped in to the Bored Ape Yacht Club (BAYC). He purchased one of the Ethereum-based Apes for 123.45 ETH ($452,000) on Thursday night and has since made the ape his profile picture on Twitter. Meanwhile, he appears to have collected at least 15 NFTs so far on OpenSea under the name Shady_Holdings. Eminem is…