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    UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

    by skolnes October 7, 2024
    October 7, 2024

    The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies …

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  • Bitcoin News

    Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform

    by skolnes October 7, 2024
    October 7, 2024

    The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the …

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  • Bitcoin News

    Swift to Pilot Digital Asset and Currency Transactions in 2025

    by skolnes October 6, 2024
    October 6, 2024

    Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging …

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  • Bitcoin News

    Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

    by skolnes October 6, 2024
    October 6, 2024

    Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational …

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  • Bitcoin News

    Discovering the Creator-Driven World of Nifty Island

    by skolnes October 6, 2024
    October 6, 2024

    In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last …

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  • Bitcoin News

    Kraken Launches Regulated Derivatives Platform in Bermuda

    by skolnes October 6, 2024
    October 6, 2024

    Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over …

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  • Bitcoin News

    US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint

    by skolnes October 6, 2024
    October 6, 2024

    Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by …

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  • Bitcoin News

    Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings

    by skolnes October 6, 2024
    October 6, 2024

    In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and …

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  • Bitcoin News

    Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

    by skolnes October 6, 2024
    October 6, 2024

    As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although …

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  • Bitcoin News

    Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

    by skolnes October 6, 2024
    October 6, 2024

    According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction …

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