Spain Tightens Grip on Crypto Holders With New Reporting Rules
Anyone who has more than $55,000 in cryptocurrency must report their abroad holdings. A new tax requirement in the form of form 721 was unveiled by the Agencia Tributaria.Residents of…
Cathie Wood Led Ark Invest Dumps $5.3M Worth Coinbase Shares.
Coinbase’s stock soared to an 18-month high after the recent Binance fiasco.The exchange’s stock has increased by 168% year-over-year.ARK Invest led by Cathie Wood is once again cashing in on…
OKX Announces Offering Crypto Services in the Brazilian Market.
The exchange is concentrating on offering a Brazilian real fiat-on-ramp gateway to users.OKX will be launching a local cryptocurrency exchange and Web3 wallet platform.Crypto exchange OKX recently announced that it…
Bitcoin Faces Severe Selling Pressure as Bulls Domination Fades.
At the time of writing, Bitcoin is trading at $36,908, down 1.56% in the last 24 hours.If the price manages to go above $37,810 then it will likely retest $38,260…
Here’s the New Crypto Network Used in Financing Hamas’ Fight Against Israel.
Between July 2021 and October 2023, Israel has frozen over 143 Tron wallets tied to terrorist groups. The Hamas terrorist organization has found a new cryptocurrency network to finance its…
Cosmos Founder Plans to fork Cosmos Hub Amid Governance Dispute.
Kwon has declared his intent to fork a new network called AtomOne.The founder recently disclosed intentions of integrating $ATOM with $ATMO/$ATOM1.Jae Kwon, the founder of Cosmos, publicly opposed a motion…
Atletico Madrid to Sue WhaleFin for $44M in Unpaid Sponsorship Fees.
The dispute revolves around a breach of contract regarding unpaid sponsorship fees totaling €40 million ($44 million).The renowned Spanish football club Atletico Madrid is reportedly gearing up to take legal…
South Korea to Launch Digital Currency Pilot Program in 2024.
South Korea to modernize financial infrastructure with digital currency. Pilot program begins Q4 2024, involving 100,000 citizens.In a move to modernize its financial infrastructure, South Korea is set to embark…
Cardano Yet Again Makes a Failed Attempt to Break Above $0.40 Level.
At the time of writing, ADA is trading at $0.3885, down 0.61% in the last 24 hours.If the price manages to go past $0.41 level, then it will likely test…
‘Epic Airdrop’ Coming to HTX, Poloniex Users Affected by Recent Hacks, Promises Justin Sun
HTX was compromised twice in the span of a couple of months, but the attacker return the funds from the first hack.Justin Sun, the founder of TRON and lead exec…