Yesterday, Twitter CEO Jack Dorsey hinted at the prospect of integrating Lightning Network into the platform. Dorsey responded to a follower’s Tweet, stating that it was “only a matter of time” before this became a reality. Dorsey is a strong supporter of Bitcoin and has integrated it into another of his firms, Square. Jack Dorsey…
Russian Court Bans Websites Explaining How to Trade Bitcoin
A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur City Court Blocks Crypto-Related Sites The Kungur…
Funding Roundup: Innovative Projects Attract Bigger Sums from Global VCs and Angel Investors
Amidst the stratospheric rise of defi and heightened demand for unique and innovative solutions, the global community of angel investors and VC firms is continuously engaging in private funding rounds and token sales. The resulting flood of capital demonstrates that entrepreneurs and startups play their part in developing a new generation of blockchain technology. Balancer…
Polkadot’s Parachain Vision Materializes Following Successful Kusama Auction
After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already begun successfully processing transactions, paving the way for future slot auctions. Kusama’s First Functional Parachain Goes Live The anticipation surrounding Polkadot parachains over the last few months has at last been realized…
Norton Crypto Mining: Antivirus Software to Mine Cryptocurrency
Norton has added a cryptocurrency mining feature to its antivirus software. Users will be able to mine ethereum while their computers are idle. Miners can track and transfer their crypto earnings into their Norton Crypto Wallet. Antivirus Software Can Mine Crypto Nortonlifelock (NASDAQ: NLOK), a global cybersecurity company, announced Wednesday the launch of Norton Crypto,…
Competitive Pay: What It Means and How To Receive It
Competitive Pay: Anyone who has spent time looking for work may have come across the same hiring buzzwords again and over again. “Competitive pay” is a phrase that is frequently used in job descriptions to attract top personnel. While these two words are appealing to people trying to increase their earning potential, it is not…
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took the government months to…
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office…
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
Allow Cryptocurrency Withdrawals to Third-Party Wallets: Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head…
Estate Planning – Do I Need A Will And When Will I Need It
Getting a copy of the will when probate has been granted Estate Planning : When someone dies, the person in control of their estate (for example, money and property) must usually seek approval from the probate court. If there is a will, this authorisation is known as a grant of probate. After probate is granted,…