Crypto

Source: Bitcoinist Russia is poised to implement a 15% tax on all crypto mining and trading activities. The move aims to foster a regulatory framework that supports the growing digital asset industry. 15% Tax On Crypto Trading And Mining Activities According to Interfax, the Russian Government has approved draft amendments to the bill on taxation…

Source: Coin Tegraph If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk. Read Full Article

Source: Coin Tegraph ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December. Read Full Article

Source: Coin Tegraph South Korea’s Democratic Party argued that increasing the threshold to 50 million won ($36,000) would mean only big players would be affected.  Read Full Article

Source: Bitcoinist In the latest development of the Bitfinex hack saga, Heather Morgan, known as “Razzlekhan,” was sentenced to 18 months for laundering the 120,000 Bitcoin stolen in 2016. The Court decision follows her husband’s 5-year sentence for money laundering and conspiracy to steal. Razzlekhan: From Rapper To ‘Bitcoin Bonnie’ Heather Morgan, wife of the…

Source: Coin Tegraph Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility. Read Full Article

Source: Coin Tegraph Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong. Read Full Article

Source: Bitcoinist As crypto continues to evolve rapidly with increased adoption and regulation, legal decisions surrounding it are also keeping pace. Just recently, a United States federal judge has decided that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under California’s partnership laws. Particularly, Judge Vince Chhabria…

Source: Coin Tegraph Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols. Read Full Article

Source: Bitcoinist MicroStrategy Executive Chairman Michael Saylor will present a Bitcoin treasury strategy to the Microsoft Board of Directors before December 10. The revelation came during an X Space organized by investment management firm VanEck, featuring Saylor, Matthew Sigel (Head of Digital Assets Research at VanEck), Jan van Eck (CEO of VanEck), and US Senator…