News

Cyprus gov’t to regulate the ‘risky’ digital currency space
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17 December, 2021

Cyprus gov’t to regulate the ‘risky’ digital currency space

The Finance Ministry in Cyprus noted there are several risks with digital currency trading, but commended local law enforcement authorities...
BSV blockchain conquers gaming industry at iGaming NEXT in Malta
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17 December, 2021

BSV blockchain conquers gaming industry at iGaming NEXT in Malta

This year's iGaming NEXT Valletta 2021 themed was "Disrupting the Status Quo," bringing blockchain technology and its opportunities for the...
Shocker: Bitcoin in El Salvador is fake
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17 December, 2021

Shocker: Bitcoin in El Salvador is fake

El Salvador actually signed a deal with the Algorand blockchain to handle their national blockchain infrastructure because BTC and Lightning...
Bank of England warns digital currency growth could pose financial stability risks
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17 December, 2021

Bank of England warns digital currency growth could pose financial stability risks

In a recent report, the bank said that digital currencies make up a small percentage of assets in the U.K.,...
IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
AscendEx exchange loses $77M in hack, promises full compensation
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16 December, 2021

AscendEx exchange loses $77M in hack, promises full compensation

Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations...