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South Korea Levying Crypto Tax Will Stifle Industrial Growth, Say Economists

Taxing cryptocurrency income is premature and may stifle the growth of blockchain and crypto in South Korea. Cryptocurrencies, unlike fiat, have not taken root and are largely unstable. This is the view of leading South Korean economists in response to the Ministry of Economy and Finance’s tax office proposal to levy a 20 percent taxRead MoreRead More. дальше »

2020-6-22 21:00


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Data Shows Most XRP Investors Are ‘Deeply In The Red’ – Why The Worst May Be Yet To Come

The world’s fourth-most valuable cryptocurrency, XRP, has been stuck in the doldrums for the past two years. While a majority of the other major cryptocurrencies have been able to recoup a majority of their losses, the Ripple-promoted token is still down more than 94 percent from its all-time high of $3.40. As a result of […] дальше »

2020-6-19 01:15


World Economic Forum to Tackle Corruption In Public Procurement Across Colombia Using Ethereum’s Blockchain

Global public procurement consists of over ten trillion dollars in expenditure but close to 10-30 percent of this money is swallowed up by corruption; something the WEF seeks to solve. The process offer tenders have switched from manual systems to a digital system to increase accountability, but certain loopholes still exist in the chain. The […] дальше »

2020-6-18 21:28


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As Bitcoin Reclaims $9,500, Top Trader Says It’s “Back On Schedule” To Targeting $12K

Bitcoin has recovered sharply after testing the $8,900 level on Monday. The cryptocurrency has obliterated the resistance at $9.5k after gaining over 7 percent. BTC is now trading at $9,559.51 and a popular trader believes the crypto is back to targeting $10,500 which will open the doors to $12,000. Bitcoin Is Moving In Tandem With […] дальше »

2020-6-17 17:39


User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid

After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […] дальше »

2020-6-11 17:56