Blockchains Have a ‘Bridge’ Problem, and Hackers Know It
Blockchain bridges are a crucial piece of the cryptocurrency ecosystem, which makes them prime targets for attacks. Powered by...
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax (PPh) on capital gains from crypto investments and value-added tax (VAT) on crypto purchases at...
Bexplus Offers 100x Leverage Crypto Trading and Doubles Your Deposit
PRESS RELEASE. To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin’s high volatility has made a comeback and currently presents more opportunities for traders to make profits. Taking advantage of the price swings and...
Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency exchange Binance Thursday. The motion to dismiss was filed by Binance and CEO Changpeng Zhao (CZ). The lawsuit (case no. 20-02803) was originally...
JPMorgan Sees Limited Upside for Crypto Markets
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global investment bank JPMorgan reportedly warned about cryptocurrency markets having...
