MicroStrategy’s Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin
The term loan from Silvergate Bank can also be used for general corporate purposes.
Why Instagram Could Easily Overtake OpenSea and Become the World’s Biggest NFT Marketplace
If just 2% of Instagram’s users start owning NFTs, that would create a user base of 44 million — “significantly higher” than OpenSea’s 1.4 million.
India: Probe into crypto exchanges reveals over $10.7 million in tax irregularities
11 crypto exchanges were probed under investigation in India for alleged evasion of goods and services tax (GST). The quantum of evasion is valued close to INR 81 crore (~$10.7…
UniCredit Fined $144 Million for Illegally Closing Crypto Mining Firm’s Accounts
A bitcoin mining company in Bosnia and Herzegovina successfully sued UniCredit for wrongfully closing its account.
Vietnamese deputy PM calls for building legal framework for digital assets
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past.
Grayscale May Sue the SEC Over ETF Rejections
Digital asset management giant Grayscale may take legal action against the U.S. Securities and Exchange Commission (SEC) for its repeated rejections of proposed exchange-traded funds (ETFs). Speaking in an interview…
Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling.…
Italian Bank Fined $144M for Wrongfully Closing Crypto Miner’s Account
Italy’s second-largest bank, UniCredit, has been ordered to pay $144 million for the wrongful closure of crypto miner’s accounts. The post Italian Bank Fined $144M for Wrongfully Closing Crypto Miner’s…
AS Monaco enter cryptocurrency space via Capital Block partnership
French club AS Monaco announced on Tuesday a partnership with Capital Block to develop NFTs (non-fungible tokens), marking the latest foray of a soccer team into the world of cryptocurrency…
Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD
One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact.
