Day: May 26, 2022

Portugal’s Assembleia da Republica says no to two crypto tax bills

Portugal’s Assembleia da Republica says no to two crypto tax bills

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes. The Portuguese congress, Assembleia da Republica, has rejected two bills that would have imposed a tax on cryptocurrencies. Portugal has long been regarded as a cryptocurrency tax haven, and the trading of cryptocurrencies has …

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Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization

Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization

On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to block 3,887,081. The reorganization was discovered by Martin Köppelmann who noted the “current attestation strategy of nodes should be reconsidered to hopefully result in a more stable chain.” Ethereum’s Beacon Chain Reorgs …

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Google hit by second UK antitrust probe into online ad dominance

Google hit by second UK antitrust probe into online ad dominance

KEY POINTS The Competition and Markets Authority is assessing whether Google’s role in the ad tech industry may be distorting competition. It’s the second major antitrust probe targeting Google’s ad practices in the U.K. The CMA wants powers to scrutinize anti-competitive behavior from tech giants more closely under a new regulatory body. The U.K.’s competition …

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ZEBEDEE, MOONPAY BRING INSTANT BITCOIN PURCHASES IN-GAME

ZEBEDEE, MOONPAY BRING INSTANT BITCOIN PURCHASES IN-GAME

Users can now buy and sell bitcoin while gaming through a partnership between gaming fintech ZEBEDEE and payments firm MoonPay. Users of bitcoin gaming app ZEBEDEE can now top up their BTC balances in-app with debit and credit cards. The gaming fintech said in a Thursday press release sent to Bitcoin Magazine that it had integrated bitcoin …

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Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

Choppy trading in broader markets failed to temper a gradual dip in major cryptocurrencies, with some sliding as much as 8% in the past 24 hours. Tokens of the Solana (SOL) and Dogecoin (DOGE) protocols dipped the most among the major cryptocurrencies even as bitcoin (BTC) remained mostly unchanged over the past 24 hours. SOL …

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‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk’s TED talk to prey on unwitting social media users. Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% …

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PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox. The two companies have purchased virtual land in Mega-City – the Hong Kong-inspired neighbourhood in The Sandbox – and they are set to launch the world’s first virtual 5G mobile network and …

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Chinese Indexes Company Launches Hang Seng Metaverse Index

Chinese Indexes Company Launches Hang Seng Metaverse Index

A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng …

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