Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s…
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The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala posted a record-setting quarter in Q3 2021. Crypto Adoption Bolstered Travel Company Travala’s Third…
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The middleware DApp-building platform hopes to play a role in taking the sector mainstream. Moralis, a platform that powers decentralized applications, or DApps, announced Thursday that it has received a $13.4-million investment from EQT ventures. The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide…
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This week CRV price rallied toward a new 1-year high, but what’s behind the move? This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin…
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HOGE, ASS and TABOO are three Binance Smart Chain-based projects that have seen triple-digit rallies after traders rotation into meme coins. This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list…
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A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the…
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A decentralized focus on supply chain logistics and the growing popularity of Web 3 applications back TRAC’s move to a new all-time high. Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling…
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The entente brings together a retail cryptocurrency brokerage and an emerging cryptocurrency market maker. United States-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app,…
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The actor said the platform “shares [his] commitment to empowering people around the globe with the tools needed to take control of their futures.” Cryptocurrency exchange Crypto.com is rolling out a new ad featuring Hollywood star Matt Damon, which it plans to introduce to consumers worldwide. The “fortune favors the brave” ad, starring Damon amid…
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Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations…
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