South Korea Could Issue a Crypto Capital Gains Tax as High as 20%

Crypto taxation in South Korea could increase to 20% for capital gains. South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies. During these discussions on July 13, members indicated crypto gains taxes could rise as high as 20%. Cryptocurrencies could be considered …

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Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed

Many investors believe that buying the cheapest altcoins produces greater returns during rallies but is this true? For many investors crypto trading remains a rags-to-riches affair where inexperienced investors hope to strike it rich by buying the cheapest priced altcoins like many novice traders did in 2017. Currently, the majority of traders …

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Police Thwart Dark Web Criminals Who Planned to Firebomb a Nebraskan Pharmacy

William Burgamy and Hyrum Wilson pleaded guilty to conspiring to firebomb a pharmacy in Nebraska. A dark web drug lord and a Nebraskan pharmacist pled guilty to federal charges on July 13 after both were accused of conspiring to bomb a competing business. According to the indictment by the U.S. Department of …

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Crypto Exchange Coincheck Supports Trading for BAT Tokens

Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21. Japan-based cryptocurrency exchange Coincheck will soon offer support for BAT token holders. According to a July 13 announcement from the Monex Group — the owner of Coincheck since its acquisition in 2018 …

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Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty

Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Sohrab Sharma, one of the co-founders of cryptocurrency firm Centra Tech facing charges related to a $25 million initial coin offering scam, is reportedly planning to plead guilty.  …

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We May Expect a Bitcoin Rally If Coronavirus Breaks Into a Second Wave

Understanding the impact of the COVID-19 pandemic on cryptocurrency and blockchain-based asset markets: negligible or significant? COVID-19 has become a defining moment in the course of our society, but the impact of the pandemic can be seen through its effects on the economy and society in general. From the perspective of a …

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Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies

Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy. Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and …

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