The Salvadoran government has inaugurated the "Adopta El Salvador Freedom Visa Program", aimed at attracting 1,000 investors willing to contribute one million dollars in Bitcoin or the stable cryptocurrency USDt annually.
The Press Secretariat of the Presidency, in a statement shared on social…
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Shiba Inu received a significant injection of funds
This week Shiba Inu (SHIB) experienced an astonishing transfer of funds, totaling an impressive $36 million between anonymous wallets, marking a significant milestone for the cryptocurrency.
Despite the magnitude of this million-dollar…
Investors and cryptocurrency miners will pay taxes in Denmark
The Supreme Court of Denmark has established that Bitcoin mining and investment cannot be considered tax-free, due to the speculative nature of such activities.
Taking into account that those who buy Bitcoin estimate that they can sell…
LocalBitcoins will close its operations permanently
LocalBitcoins, a cryptocurrency exchange based in Helsinki, Finland, announced its final closure effective February 17. The company, which was founded in 2012, has been one of the main platforms for buying and selling Bitcoin locally.
The…
Elon Musk would fire a large part of the staff of Twitter
Tesla and SpaceX CEO Elon Musk has told Twitter investors that he plans to cut nearly 75 % of the social network's staff if he ultimately takes control of it, multiple media outlets reported.
Specifically, the tycoon expects to lay off…
US financial regulatory agency investigates crypto fraud
The US financial regulatory Commodity Futures Trading Commission (CFTC) has requested an investigation into a South African speculative platform and is demanding that it restore $1.7 billion deposited in crypto by its clients.
The Mirror…
Towerbank launched its Crypto Friendly account in Panama
Towerbank, one of the main financial institutions in Panama, is carrying out a study of the cryptographic market in order to innovate products for its clients and declared itself "bitcoin bank Panama friendly with Bitcoin". In this…
Inflation could increase investments in cryptocurrencies
The president of the European Securities and Markets Authority, Verana Ross, expressed that the current economic environment together with financial fluctuation and high levels of inflation could facilitate and attract investors to the…
Investors sue Coinbase for trading GYEN
Cryptocurrency exchange Coinbase Global Inc. was sued for its role in promoting and marketing a stablecoin called GYEN, which allegedly had its value pegged to the Japanese yen and caused investors to lose millions of dollars.
The lawsuit…
Crypto market loses 200 billion dollars in one day
The crypto market is again affected by panic and the first cryptocurrencies lost more than 200,000 million dollars in a single day, in addition to the falls in the main Wall Street indices, where sales have been imposed in recent days.…
Blockchain-powered games grew 2,000 % annually
The company DappRadar, a specialist in DApps (decentralized applications) market data, reported that blockchain-powered games grew by 2,000 % in one year.
According to DappRadar, this result was obtained by the number of unique active…
Panama debates regulating cryptocurrencies as a payment method
The Trade Commission for Economic Affairs of the Parliament of Panama resumed the debate of the two bills that aim to regulate cryptocurrencies in the country. The proposals were presented by deputy Cenobia Vargas, last August, and…