South Park destroys Matt Damon's Crypto.com ad in season premiere
“We just have to be brave... But not too brave or else Matt Damon will come and take all our money," said characters on the animated series, hinting at the crypto market downturn.
Lawyer representing XRP holders says this is what the SEC could do next, Ripple price jumps
In the recent turn in the SEC v. Ripple case, the judge unsealed three sets of documents, igniting curiosity in the XRP community on what could happen next. Cryptocurrency lawyer John Deaton, representing over 64,000 XRP holders in the case, explained that there are two potential moves that the SEC could make.
Chainalysis report finds most NFT wash traders unprofitable
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.
Coinbase users can receive US tax refunds in crypto as part of TurboTax deal
The exchange said users could send the funds to their Coinbase accounts in fiat, or automatically convert it to crypto with no trading fees.
Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin
The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime.
Colombia Registers First Real Estate Purchase With Bitcoin
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments, in neighboring countries like Venezuela, it is becoming more common to use crypto for such transactions.
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who introduced the bill.
RIPPLE’S PRICE IS PRE-PROGRAMMED TO REACH ALL-TIME HIGH IN 2022
Ripple’s digital payment system and its cryptocurrency, XRP, has been ruling the digital market in 2020. Unfortunately, the dominance couldn’t last for long. When Securities and Exchange Commission (SEC) slammed the company for trading CRP tokens worth US$1.3 billion in unregistered securities, Ripple faced severe backlash.
Italy Formally Lays Out Crypto Firms' New AML Requirements
The rules, which were approved in January, outline registration and reporting requirements for virtual asset service providers (VASP) that align with the European Union’s fifth AML directive and the Financial Action Task Force (FATF) guidelines for crypto firms. Their publication in Italy’s formal journal of record indicates the rules are ready to take effect.
Here’s how much digital yuan is being used at the Olympics, according to the PBoC
Foreign users are using hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. .
DeFi-enabled XDC Network integrates GlobaliD
We’re thrilled to announce that the XDC Network is integrating GlobaliD, one of the first DeFi projects to leverage GlobaliD’s decentralized identity solution.
Spanish Civil Guard Busts Organization Dedicated to Laundering Money With Crypto
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, and Lithuania that supported these actions.
Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows.
China’s Supreme Court adds digital currency to list of illegal fundraising methods
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public.
No, Crypto Won't 'Fix This' for Russia
Cryptocurrency is an unlikely workaround for expanded U.S. sanctions against Putin's government following the Ukraine Invasion, according to legal and blockchain experts.
High-profile athletes are spending huge amounts on NFTs: Here's why
Worldwide nonfungible token trading was worth around $40 billion in 2021, and it has since attracted some big names in the sports industry.
NFTs Are the Latest Crypto Tax Events Nobody Understands
For over a year now, major tech companies and venture capital firms have been rallying behind non-fungible tokens (NFTs) as the next big thing in online commerce.