Huobi Co-Founder Is Set To Sell Majority Stake
Leon Li who is the co-founder of Huobi is said to have told other investors in the company about his decision at a shareholders’ meeting in July. Leon Li, who helped start the global cryptocurrency exchange Huobi, is reportedly in talks to sell most of his shares in the company, which could be worth more […]
ASIC chair concerned by amount of “risk-taking” crypto investors
The increase in crypto investing during the COVID-19 pandemic has Australia’s financial services authority concerned, particularly among young and novice investors. The sheer number of people who bought “unregulated, volatile” crypto assets during the pandemic has alarmed Australia’s financial services regulator chief Joe Longo. The comments were given by Longo, the head of the Australian […]
Iran makes $10M import with crypto, aims ‘widespread’ use by Sept
Iran has been compelled to adopt crypto as a means of exchange for international trade agreements as a result of ongoing economic sanctions against the Islamic regime. Iran has made its first international import order worth $10 million in cryptocurrencies, according to a top government trade official, despite being subject to decades of economic restrictions. […]
15 Best Metaverse Crypto Projects – Updated
As the metaverse becomes increasingly popular, crypto investors constantly seek the best investment for their time and money. Most people may ask, what is the best metaverse crypto? This article provides an answer to this question. The metaverse crypto industry is constantly changing. New blockchain-based technologies are being created for the industry’s future development. These […]
Crypto stolen from Solana might be claimed as tax loss: Experts
Tax experts say that while U.S. investors will lose money, Australian, Canadian, and U.K. crypto investors may be able to claim hacked cryptocurrency as a tax loss. It turns out that digital assets lost during an attack or hack might theoretically be claimed as a tax loss, providing you live in the proper country, experts […]