Expanding Control Over Digital Assets The Spanish Ministry of Finance is implementing a new tax reform to monitor and control the cryptocurrencies and digital assets sector. The reform targets Article 162 of the General Tax Law, allowing the Spanish Tax Agency to identify and seize digital assets, including cryptocurrencies and NFTs, to settle tax debts….
Hong Kong’s Securities and Futures Commission (SFC) has issued a directive to all crypto trading platforms operating within its jurisdiction, requiring them to submit a license application by February 29 or face closure by May 31. Navigating the New Crypto Regulatory Landscape Investors are advised to only engage with platforms listed as licensed virtual asset…
The Shiba Inu ecosystem is expanding rapidly, with new projects and features being introduced all the time. The marketing team has now revealed the timeline for completing their ambitious roadmap. Completion Target: End of 2024 On Thursday, Shiba Inu marketing lead Lucie announced on X (formerly Twitter) that the team aims to complete all ongoing…
The Argument Charles Hoskinson, the founder of Cardano, and Muneeb Ali, co-founder of Stacks, recently engaged in a debate on Twitter about the potential and limitations of Bitcoin’s layer-2 (L2) innovations, particularly in comparison to networks like Cardano and Ethereum. Hoskinson’s Perspective Hoskinson argued that Bitcoin’s architectural limitations make it impossible for it to support…
A renowned crypto strategist, Rekt Capital, predicts a potential surge in the altcoin markets in the coming weeks. He believes the recent strong performance of Ethereum-based altcoins, such as Solana (SOL) and Chainlink (LINK), could trigger a broader altcoin hype cycle similar to what was witnessed in Q4 of 2023. Solana and Chainlink Leading the…
Introduction In the previous articles, we explored the disconnect between paid-for work and paid-for time. We also learned that to get paid, you need to provide valuable work for others. When someone consumes the benefit of your work, the exchange happens value for value – work for sats. But what if the benefit is not…
Bitcoin is revolutionizing the way we think about money. It offers a peer-to-peer network for transferring funds without relying on financial institutions. However, when it comes to trading, we still need to go through trusted third parties, which can be a security risk. The Problem with Centralized Exchanges Centralized exchanges are inherently insecure because they…
Anthony Scaramucci’s Predictions At a recent conference at Duke University, SkyBridge Capital founder Anthony Scaramucci expressed his belief that Coinbase will emerge victorious in its legal battle with the U.S. Securities and Exchange Commission (SEC). Scaramucci emphasized the significance of this case, stating that it will serve as a crucial precedent for the regulation of…
SEC Charges Brian Sewell for Defrauding Students The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Brian Sewell and his company Rockwell Capital Management for allegedly defrauding investors of over $1 million. Bitcoin Academy’s Rockwell Fund Between early 2018 and mid-2019, Sewell promoted his online crypto course, the Bitcoin Academy, to hundreds…
Two elderly women in California are suing JPMorgan Chase for allegedly enabling a massive theft of over $2.2 million of their combined life savings. Victims of “Pig Butchering” Scam The plaintiffs, 76-year-old Diane Artemis Yaffe and 80-year-old Alice Lin, were victims of a “pig butchering” scam, in which con artists posing as employees from the…
