The Tax Loophole Silver Lining in the Crypto CrashLast week the crypto markets plunged, with major cryptocurrencies losing over half their value when compared to their recent highs. But savvy investors could leverage those losses for tax benefits, due to the fact that cryptocurrencies aren’t subject to the SEC’s “wash sale rule,” as reporte…[Read more]

OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearerIncreasing numbers of offshore cryptocurrency exchanges are embracing Brazil’s instant payments infrastructure, PIX.

On May 28, OKEx announced a strategic partnership with local payments firm CuboPay, allowing it to facilitate Tether ($USDT) purchases in exchange for…[Read more]

Cardano Falls 10% In RoutInvesting.com – Cardano was trading at $1.522284 by 02:32 (06:32 GMT) on the Investing.com Index on Friday, down 10.18% on the day. It was the largest one-day percentage loss since May 21.

The move downwards pushed Cardano’s market cap down to $48.899548B, or 3.05% of the total cryptocurrency market cap. At its highest,…[Read more]

Cardano ($ADA) HODLers Excited As Testnet for ‘Alonzo Blue’ Gets Gets Ready For LaunchOne of the companies behind the Cardano (ADA) blockchain, Input Output Hong Kong, has announced it launched a test for Cardan’s Alonzo upgrade, which will bring smart contracts to the network and allow it to host decentralized finance applications. As TheSt…[Read more]

Mark Hulbert: Why Bitcoin holders have no choice but to trust in Chinese crypto minersTwo-thirds of the world’s bitcoin mining power is based in China, leaving the cryptocurrency potentially vulnerable.

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Dfinity responds to Internet Computer decentralization and privacy concernsDfinity responds to Internet Computer decentralization and privacy concerns
Dfinity, the team behind the Internet Computer protocol, or ICP, has fired back at critics of its decentralization and privacy features in an “Ask Me Anything” on Reddit yesterday.

The team sou…[Read more]

Wall St opens higher, unshaken by inflation surge© Reuters. FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo
(Reuters) – Wall Street’s main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation,…[Read more]

Börsenaufsicht SEC fordert mehr Anlegerschutz für den KryptomarktBörsenaufsicht SEC fordert mehr Anlegerschutz für den Kryptomarkt
Die amerikanische Börsenaufsicht SEC will mit dem Kongress und anderen Aufsichtsbehörden an einer verstärkten Regulierung von Kryptobörsen arbeiten.

Der neu gewählte SEC-Chef will gemeinsam mit den anderen zuständi…[Read more]

Bitcoin: JPMorgan-Chef mahnt zur Vorsicht bei Kryptos – “Lasst die Finger davon”Investing.com – In einer Anhörung vor dem Financial Services Committee des US-Repräsentantenhauses wurde der Chef der US-Großbank JPMorgan (NYSE:JPM), Jamie Dimon, nach seiner Meinung zu Bitcoin und anderen digitalen Assets gefragt. So ganz überzeugt klang er davon nic…[Read more]

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Ontario Securities Commission: Poloniex Failed To Comply With RegulatorsOntario Securities Commission: Poloniex Failed To Comply With Regulators
The OSC said Poloniex has failed to contact them to start compliance discussions.
Poloniex to pay a penalty fee of not more than $1 million.
The Ontario Securities Commission (OSC) issued a report…[Read more]

UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advertA major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC).

The Advertising Standards Authority, a self-regulating ad organization, officially halted an advertising campaign by cryptocurre…[Read more]

Is Apple Gearing Up to Enter the Cryptocurrency Space?Is Apple Gearing Up to Enter the Cryptocurrency Space?
Apple (NASDAQ:AAPL) posted a job listing for BDM who has experience working with crypto.
The qualification includes in-depth knowledge of the alternative payments ecosystem.
Apple finds its new way to bring crypto into its ecosystem.
Apple…[Read more]

Facebook’s Evan Cheng is PARSIQ New Investor and AdvisorFacebook’s Evan Cheng is PARSIQ New Investor and Advisor
PARSIQ has its new big-name investor and advisor – Evan Cheng.
Cheng worked with Apple (NASDAQ:AAPL) for more than 10 years, now head at FB’s Novi Research.
Recently, PARSIQ also reports to integrate with Polkadot to make data actiona…[Read more]

China to socially blacklist Bitcoin miners in Inner Mongolia regionChina has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity.

Officials unveiled new draft rules that would see harsher punishments applied to those caught mining Bitcoin…[Read more]

EOS Climbs 20% In RallyInvesting.com – EOS was trading at $7.2204 by 09:51 (13:51 GMT) on the Investing.com Index on Thursday, up 19.89% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed EOS’s market cap up to $6.9644B, or 0.40% of the total cryptocurrency market cap. At its highest, EOS’s market cap was…[Read more]