Argentina now accepts crypto for taxes and fees
As of August 24 in Argentina, the New Mendoza Tax Administration started accepting crypto payments. Residents of Mendoza Province (Argentina) can now pay government fees and taxes with cryptocurrencies. This is another step toward the widespread use of cryptocurrencies in Argentina. In a statement released on August 27, the Mendoza Tax Administration (ATM) said that […]
Bitcoin is like penny stocks, says Wolf of Wall Street
In 2017, Belfort said that he “hated” cryptocurrencies like Bitcoin because of the market’s prevalence of fraud. In an interview with Yahoo Finance on August 27, Jordan Belfort , the person who served as the inspiration for the critically acclaimed film The Wolf of Wall Street, acknowledged that his prediction that the price of Bitcoin […]
Crypto Token: Definition, Types, and How to Use
First time reading about crypto token? You are not alone and this should not surprise you. Bitcoin rules the knowledge pool of crypto. From the headlines to the memes. Leaving other assets like crypto tokens to compete for mere mentions. Some mistake crypto coins for tokens. And those are the lucky ones. Others go unnoticed. […]
The UK law Society Warns Its Members Against Bitcoin Transactions
The professional group told its members, “This is a cash transaction , so there is a high risk of money laundering in Bitcoin Transactions.” The Law Society of England and Wales told its members that Bitcoin Transactions should be treated like cash and that they should be aware of the possibility of money laundering when […]
Hacker makes ineffective attempt to exploit bridge protocol
Within 31 seconds, the effort was thwarted, and the hacker forfeited their 5 ETH security deposit. The CEO of Aurora Labs, Alex Shevchenko, described a hacker who tried to use the Rainbow Bridge but lost 5 Ether (ETH), which is now worth around $8,000, in a Twitter thread. Meanwhile, not all hackers, can profit handsomely […]