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News about Altcoins

Elon Musk once again provoked the rise of Dogecoin
Elon Musk once again provoked the rise of Dogecoin Over the past 24 hours, the DOGE rate has increased by more than 8% to $0.065. The capitalization of the cryptocurrency on the night of Wednesday, October 5, reached $8.613 billion. Its rebound was again provoked by Tesla CEO Elon Musk. The rally ...
Changpeng Zhao proposed taxing transactions with Terra Classic
The largest cryptocurrency exchange in the world will gradually introduce fixed taxation of transactions to improve the price characteristics of LUNC. Binance CEO Changpeng Zhao recommended introducing a fixed transaction tax of 1.2% for transactions with Terra Classic (LUNC) to burn the token and ...
Residents of Mendoza Province in Argentina Can Now Pay Taxes With Cryptocurrency
The adoption of cryptocurrencies in Argentina is growing—residents of Mendoza province can pay taxes with cryptocurrencies. In a statement dated August 27, the Mendoza Revenue Authority (ATM) noted that taxpayers now have “different means to meet their tax obligations,” including ...
Even a 0.3% Fall in the Value of Tether's Reserve Assets Could Render the Company Technically Insolvent - WSJ
An article in the Wall Street Journal (WSJ) argues that Tether's balance sheet is in such a state that even a 0.3% drop in the value of reserve assets could "render the company technically insolvent." In their August 27 report, WSJ journalists Jean Eaglesham and Vicki Ge Huang focused on the cloudy ...
155 investors of Terra (LUNA) will receive compensation from the insurance company
The blog of the insurance company InsurAce, working in the field of DeFi, reports that it will spend almost $ 12 million to compensate 155 investors who lost money as a result of the collapse of Terra. For investors, this news has become a light at the end of the tunnel. Recall that the collapse in ...
Meeting of the heads of central banks inspired optimism in cryptomarket
On Tuesday, the cryptocurrency market was cautiously optimistic ahead of the annual meeting of the world’s central banks, known as the Jackson Hole Symposium. The symposium is scheduled to begin in Wyoming this Thursday, where U.S. Federal Reserve Chairman Jerome Powell will deliver a speech ...
Tether refused to block Tornado-related Cash addresses without requests from the authorities
The issuer of the USDT stablecoin, Tether, refused to freeze addresses associated with the Tornado Cash transaction mixing service without appropriate requests from law enforcement agencies. "Tether firmly adheres to the decision not to freeze Tornado Cash addresses, awaits instructions from law ...
Binance discusses cryptocurrency regulation in the Philippines
The world’s leading cryptocurrency exchange Binance attended a Senate hearing in the Philippines on Wednesday with the participation of major national financial observers, seeking to achieve the introduction of cryptocurrencies, regulation of digital assets and decentralized finance in the ...
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