Category: Blockchain

Crypto.com Extends Free Crypto Tax Reporting Services in Australia

Cryptocurrency exchange Crypto.com has recently launched a new crypto taxation service for Australians, enabling their clients to import their crypto transactions to generate a report and file to the government. The exchange announced Thursday to launch this platform with charging-free Australian clients who need to file crypto taxes. According to the official statement, these extended

Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors

Amidst the geared up to move by investors to back innovative projects in the blockchain ecosystem, crypto tax accounting software provider, TaxBit has raised $130 million from investors. According to the official announcement, this round funding was preceded by a $100 million capital back in January led by IVP and Insight Partners. Other angel investors,

DBS Bank Gets Approval from the Monetary Authority of Singapore to Provide Crypto Payment Services

Singapore-based DBS Bank has officially received approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency payment services. The Digital Exchange (DDEx) would start 24/7 operation following Monday to meet the ever-increasing customer demand and high transaction volume. The company stated that its brokerage division DBS Vickers (DBSV), has obtained regulatory approval in principle

New KPMG Report Suggests Potentials for Increased Maturation of the Cryptocurrency Space

Big four auditing firm KPMG has released a bi-annual report on digital technology advances dubbed the Pulse of Fintech H1’21. It dedicated a section to blockchain technology and cryptocurrencies.  Per the report, the firm unveiled that the total investments into the blockchain world were more than double the record achieved in 2020. The blockchain ecosystem

Crypto Market Roundup: Top Earners and Losers for Today

The selling pressure in the global crypto market was stumped on Friday as several coins began paring off their losses from the previous day. Bitcoin’s market strides were visible as the largest cryptocurrency surged 1.72% to $46,146.24 at the time of writing. Ethereum (ETH) is also favoured by the bulls, inching a 3.04% gain to

Ethereum Whales’ Accumulation Mode Continues as Price Tops $3,200

Days after the London Hardfork went live, Ethereum (ETH) has been experiencing an uptick in prices as the second-largest cryptocurrency is set to become deflationary based on this upgrade.  ETH was up by 16.52% in the last seven days to hit $3,228 during intraday trading, according to CoinMarketCap.  Ethereum whales are not relenting in their accumulation

Messi Accepts PSG tokens for Partial Payment after joining Paris Saint-Germain Soccer Club

Argentinian football superstar Lionel Messi accepts cryptocurrency PSG tokens as part of the payment after signing a new contract with the Paris Saint-Germain (PSG) team.  On Tuesday, Messi transferred to Paris Saint-Germain (PSG) with a two-year contract after departing from his Spanish soccer club Barcelona. Messi will be able to practice a flexible contract right in his third year of the new contract. This

The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana announced on Wednesday, August 11, that it has officially launched cooperation with Giesecke+Devrient, a German company specialising in providing banknotes and securities printing, in conducting a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana. Giesecke+Devrient (G+D) is a German company headquartered in Munich that provides banknote and securities printing,

Titan Unveils Actively Managed Crypto Investment Products for US Investors

Titan mobile investment platform has launched its crypto offerings to give US investors additional avenues for accessing digital assets like Bitcoin and other cryptocurrencies. The US-based company is expanding its investment offerings with the launch of crypto trading services to its clients. The company’s actively managed cryptocurrency offerings will involve a collection of five or