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South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
bitcoin newsSep 6, 2024

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central…

Travala Integrates With Skyscanner, Enabling Crypto Payments for Over 2.2 Million Hotels
bitcoin newsSep 6, 2024

Travala Integrates With Skyscanner, Enabling Crypto Payments for Over 2.2 Million Hotels

Crypto-native travel platform Travala has announced its integration with global travel marketplace Skyscanner. This partnership allows Skyscanner’s 110 million monthly users to discover and book over 2.2 million hotels using…

Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’
bitcoin newsSep 6, 2024

Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’

The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to…

Bitcoin.com’s VERSE Token Now Accepted for Flight and Hotel Bookings on Jetvoy.com
bitcoin newsSep 6, 2024

Bitcoin.com’s VERSE Token Now Accepted for Flight and Hotel Bookings on Jetvoy.com

Bitcoin.com, a pioneer in the cryptocurrency space since 2015, announced today that its ecosystem token VERSE will be accepted as a payment method on Jetvoy.com, a cutting-edge travel booking platform.…

Mastercard Launches Crypto Debit Card for Self-Custodial Wallets in Europe With Mercuryo Partnership
bitcoin newsSep 6, 2024

Mastercard Launches Crypto Debit Card for Self-Custodial Wallets in Europe With Mercuryo Partnership

Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card allows users to spend over 40 different cryptocurrencies directly…

FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
bitcoin newsSep 6, 2024

FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket

The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in…

BTC Price Could Crack $50,000 If This Important Level Does Not Hold
bitcoin newsSep 6, 2024

BTC Price Could Crack $50,000 If This Important Level Does Not Hold

Este artículo también está disponible en español. Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A…

India’s FIU Considers Approving More Offshore Crypto Exchanges
bitcoin newsSep 6, 2024

India’s FIU Considers Approving More Offshore Crypto Exchanges

India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on…

Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General
bitcoin newsSep 6, 2024

Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General

Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam.…

Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
bitcoin newsSep 5, 2024

Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador

The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El…

Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia
bitcoin newsSep 5, 2024

Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia

Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with…

Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
bitcoin newsSep 5, 2024

Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment

On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase,…

Nexo Reopens UK Registrations With Enhanced User Protections
bitcoin newsSep 5, 2024

Nexo Reopens UK Registrations With Enhanced User Protections

Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced…

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
bitcoin newsSep 5, 2024

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop

The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on…

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
bitcoin newsSep 5, 2024

Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs

On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling…

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
bitcoin newsSep 5, 2024

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This…

Bitcoin Miner Iris Energy Increases Mining Output by 10%
bitcoin newsSep 5, 2024

Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity…

100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?
bitcoin newsSep 5, 2024

100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?

Este artículo también está disponible en español. Crypto analyst Astronomer, known by the handle @astronomer_zero on X, has put forth a potentially compelling bottom signal for Bitcoin, which hinges on…

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
bitcoin newsSep 5, 2024

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million…

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency
bitcoin newsSep 5, 2024

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to…

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
bitcoin newsSep 5, 2024

Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California

California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public…

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why
bitcoin newsSep 5, 2024

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

Este artículo también está disponible en español. Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June,…

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC
bitcoin newsSep 5, 2024

Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC

The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos…

Polygon Completes MATIC to POL Upgrade
bitcoin newsSep 5, 2024

Polygon Completes MATIC to POL Upgrade

Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to…

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