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…
Vitalik Buterin Sheds Light on Risks of Advanced AI Over Humans.
Buterin said that super intelligent AI would wipe out the human race.Integrating brain-computer interfaces (BCI) was Buterin’s proposed solution.According to Vitalik Buterin, co-founder of Ethereum, highly sophisticated AI might potentially…
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…
Standard Chartered Joins China’s e-CNY Pilot Initiative.
A variety of digital yuan-related services will be available to customers of Standard Chartered.The bank will investigate possibilities in sectors including international merchant payments.An announcement was made by Standard Chartered…
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…
Whales Buck the Trend: Ripple (XRP) Accumulation Signals Bullish Sentiment But Divergence Persists.
XRP whales have purchased around $6.82 million over the past week.XRP whales appear to be increasingly bullish on the crypto asset despite an underwhelming performance.The latest data by crypto analyst…
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…
CoinGecko Acquires Zash to Integrate NFT Data Into its API
CoinGecko aims to integrate Zash’s NFT data into its API by Q2 2024, providing enterprise-grade, indexed NFT data from multiple blockchains. CoinGecko, a prominent independent cryptocurrency data aggregator, has recently…