November 2023

Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

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With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency – Agencia Tributaria – unveiled form 721, a dedicated tax declaration form for virtual assets held abroad. […]

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Berkshire Hathaway’s Charlie Munger Passes Away At 99 Years Old

Berkshire Hathaway’s Charlie Munger Passes Away At 99 Years Old

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Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November

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Electric Capital Raises Alarm on Crypto Scams Targeting Entrepreneurs

Electric Capital Raises Alarm on Crypto Scams Targeting Entrepreneurs

Leave a Comment / Capital, Electric /

Electric Capital, a prominent venture capital firm, has warned about a sophisticated scam operation targeting potential investors. Avichal Garg, Co-Founder and General Partner of Electric Capital, revealed in a recent post the alarming tactics being employed by scammers. Electric Capital Exposes Sophisticated Crypto Scam According to Garg, the fraudsters are masquerading as representatives of Electric

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Binance Listing Curiosity: Is the Exchange Switching Tactics?

Binance Listing Curiosity: Is the Exchange Switching Tactics?

Leave a Comment / Binance, Listing /

TL;DR Binance is seemingly adopting a new strategy by listing certain assets for futures but not spot trading. The exchange recently settled a $4.3 billion fine with the US DOJ and underwent a leadership change, with Richard Teng replacing CEO Changpeng Zhao. Binance’s recent delisting of several cryptocurrencies, including BitShares and Tornado Cash, due to

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Kronos Research Offers 10% Bounty Following $26 Million Hack

Kronos Research Offers 10% Bounty Following $26 Million Hack

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After being robbed of $26 million in crypto earlier this month, trading firm Kronos Research is reaching out to their hacker to negotiate. The company has offered to drop all legal charges if the hacker returns 90% of the stolen funds, leaving him ~$2.5 million to keep. Kronos made its offer through an Ethereum transaction

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Cristiano Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX

Cristiano Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX

Leave a Comment / Cristiano, Ronaldo /

Four recent class action lawsuits were filed against high-profile organizations and individuals for promoting the crypto exchanges, according to court documents filed in Miami on Monday. Cristiano Ronaldo, Major League Baseball, F1, and Mercedes-Benz and global advertising agency, Dentsu, are among the defendants listed. The litigations come less than a month after FTX founder, Sam

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More Apex Banks Jump on e-CNY Pilot Trial Program – The Rise of Global CBDC Issuance?

More Apex Banks Jump on e-CNY Pilot Trial Program – The Rise of Global CBDC Issuance?

Leave a Comment / Banks, e-CNY /

Source: AdobeStock China’s e-CNY pilot program is gaining significant attention as three additional banks join the initiative. Reports from local news outlets reveal that Hong Kong-based HSBC Bank, Hang Seng Bank, and Taiwan’s Fubon Bank are already providing access to the Asian giant’s e-CNY central bank digital currency (CBDC) project. This follows the earlier announcement

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Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong

Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong

Leave a Comment / Brokers, Interactive /

Source: Pixabay / Andy Leung Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong. According to the announcement made on November 28, Interactive Brokers will

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Crypto Miner Manufacturer Caanan Reports 48% Drop in Sales – What’s Going On?

Crypto Miner Manufacturer Caanan Reports 48% Drop in Sales – What’s Going On?

Leave a Comment / Crypto, Miner /

Source: Adobe / Photocreo Bednarek Canaan – a China-based Bitcoin (BTC) ASIC manufacturer and operator – lost nearly half its revenue from mining machine sales last quarter, according to its Q3 earnings. Released on Tuesday, the firm’s financial results showed just $33 million in revenue for the three months ended September 30, 2023. That’s down

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Top Crypto Gainers Today on DEXTools – XV, PEPED, PIDOGE

Top Crypto Gainers Today on DEXTools – XV, PEPED, PIDOGE

Leave a Comment / Crypto, Gainers /

XV, PEPED & PIDOGE are the top crypto gainers on DEXTools today amid volatility. Image Source: DEXTools X Account / DEXTools Logo Although Bitcoin has been seeing volatility lately, many coins are seeing impressive gains, with XV, PEPED, and PIDOGE emerging as the top crypto gainers today on DEXTools with data showing impressive gains. This

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