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South Korea Slams Terra’s Do Kwon With $78M Fine for Tax Evasion: Report

South Korea’s National Tax Service has reportedly ordered Terraform Labs, its co-founder Do Kwon, and other executives to pay a 100 billion won ($78 million) fine for tax evasion penalties. The Genesis According to local reports, the tax agency first launched an investigation into Terraform Labs and its subsidiaries in June last year on suspicion of corporate and income tax evasion. The investigation found that two of the company’s subsidiaries were registered abroad in the...

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Ajeet Khurana On the Future of Crypto in India

Ajeet Khurana is a crypto expert looking to bring positive change to the digital currency world of India. Ajeet Khurana Discusses India’s Crypto Future The nation has continued to have a very rocky relationship with crypto and apparently cannot decide if digital currency activity should be banned. Not long ago, Khurana offered an interview about the development of crypto in the nation and where he thinks the future of the space is headed. Khurana started off by talking...

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Over 10 Million CashApp Accounts Have Bought Bitcoin: Block’s Q1 Letter

More than 10 million people have now bought Bitcoin using Jack Dorsey’s CashApp, according to Block’s Q1 2022 shareholder letter. The app generated $624 million in gross profit for the company over that time, $43 million of which came from Bitcoin sales. Expanding Bitcoin Access The company states that it is focused on expanding awareness and access to Bitcoin among its customers, in order to bolster the network’s adoption. Block Head Jack Dorsey – who stepped down as CEO of...

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FTX US Launches Stock Trading for Select Users

The US arm of the cryptocurrency exchange, FTX, is going old school with the launch of its new stock-trading service for a limited number of users in the country. The new offering is being released through FTX Capital Markets, which happens to be a FINRA member broker-dealer. Push for Stock Trading According to the official announcement, the platform plans to expand its functionality to all US users over the next months. FTX Stocks will enable users to trade and invest in...

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ETH Price Analysis: Warning Signs for Ethereum as Bears Push Below $2,000

The cryptocurrency market is still in a state of uncertainty and fear. Ethereum is no exception, and any upward attempt is faced with immediate sell pressure. Will the bulls be able to regain control of the market? Technical Analysis By Grizzly The Daily Chart On the daily time frame, ETH is moving downward inside a falling wedge (in yellow). It is important to note that this wedge bottom is aligned with the horizontal support level of $1700 (in green), which can be a...

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Big Opportunity? A modern way for anyone to invest in real estate

Dubai steht vor Immobilien-Boom. Auf der Crowdinvest-Plattfrom Stake kann jeder mitinvestieren. Gewinne und Zinsen werden monatlich ausbezahlt. Dubai is pretty Bitcoin friendly. And Dubai is currently experiencing a renaissance. The expo was not only a great achievement for Switzerland, but also for all those involved. Not least for the tourism industry. It set a new record in spite of the travel restrictions. However, Dubai is also on the brink of...

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Join Phemex Deposit Dazzle and Claim $4,500 in Rewards

Phemex, a Singapore-based cryptocurrency exchange, is currently attracting all of the industry’s attention. Phemex is bringing back its popular Deposit Dazzle event and rewarding all active traders with a new Bitcoin and USD bonus! With the Phemex Deposit Dazzle, you may win a crypto bonus worth up to $4,500 in BTC and USD! The best aspect is that the event is simple to attend, and anyone may meet the deposit criteria. Phemex was founded in 2019 by Jack Tao and seven...

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Ripple Taps Lithuania’s FINCI to Expand ODL-Based International Payments 

Ripple has announced a partnership with Lithuania’s FINCI to provide retail remittances and B2B payments through RippleNet’s On-Demand Liquidity (ODL). Thanks to this partnership, FINCI’s customers can make seamless payments between Europe and Mexico, a PR from Ripple said. Ripple-FINCI Partnership FINCI is an online cross-border money transfer provider, while RippleNet’s ODL provides crypto-enabled international payments. ODL taps into global crypto liquidity to give...

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21Shares Launches Two US Index Funds Tracking Major Cryptocurrencies

Switzerland-based investment product issuer – 21Shares – is launching two private funds tailored for US  accredited investors to gain exposure to crypto assets. The products will track top and mid-tiers cryptocurrencies available on US exchanges. Entering the US Market According to the press release by the firm, the two products – 21Shares Crypto Basket 10 Index Fund and 21Shares Crypto Mid-Cap Index Fund – will respectively track the performance of the “Vinter 21Shares...

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Equinox Health Club Says “Yes” to Crypto Payments

If you’re a crypto fan and you fancy bringing your heart rate up on the treadmill or bench pressing and pumping iron, you may want to give Equinox a try. As a luxury fitness center in New York, the company recently announced it’s going to permit crypto payments for gym memberships and merchandise. Equinox Is Allowing Crypto Payments for Memberships The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while...

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