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Michael Saylor loses court case over tax evasion

Michael Saylor loses court case over tax evasion

MicroStrategy founder Michael Saylor has lost his case in court regarding non-payment of income taxes and penalties. In August last year, the District of Columbia sued Saylor, claiming he never paid taxes in the district where he lived from 2014 to 2022, and that his company MicroStrategy helped him avoid

VISA and Mastercard postpone crypto partnerships until market conditions improve.

VISA and Mastercard postpone crypto partnerships until market conditions improve.

Payment giants Visa and Mastercard are suspending new partnerships with cryptocurrency companies after a string of high-profile crashes, Reuters reports. The companies are putting plans on hold until market conditions improve. The company stressed that the new project is in no way related to BAYC or other Ethereum-based collections. Moreover,

Venezuela uses USDT to circumvent sanctions - Chainalysis

Venezuela uses USDT to circumvent sanctions - Chainalysis

Companies in Venezuela use USDT stabilecoin as a way to circumvent sanctions and make payments to foreign partners, according to Chainalysis analysts. But they specify that more often than not firms convert local currency to USDT for another reason - to protect their capital from devaluation. "34% of all small

Arbitrum surpasses Ethereum in daily transaction volume

Arbitrum surpasses Ethereum in daily transaction volume

From January 1 to February 21, the volume of daily transactions on Arbitrum's tier 2 network increased from 159.9 thousand to 1.103 million. In two months, this figure increased by 590%. The network has surpassed even Ethereum. By comparison, daily transactions on that blockchain increased by just 46%

FTX Japan to resume withdrawals on 21 February

FTX Japan to resume withdrawals on 21 February

The Japanese subsidiary of bankrupt exchange FTX Japan will resume withdrawals from 21 February. The press release says withdrawals will be available in cryptocurrency and fiat. The withdrawals will be made through Liquid Japan, a Japanese cryptocurrency exchange. Customers should therefore open an account there before transferring their assets.

Solar energy

Solar energy

China's solar power sector could see record growth in 2023. And that's given the huge demand for coal.

Galaxy Digital opens business in the Bahamas

Galaxy Digital opens business in the Bahamas

Galaxy Digital has opened a subsidiary of Galaxy Bahamas. As the name implies, it is registered under the jurisdiction of the Bahamas. The new company will be physically located in other countries. They plan to focus initially on expanding Galaxy Digital's existing business.

China approves launch of blockchain research centre in Beijing

China approves launch of blockchain research centre in Beijing

China plans to launch a National Blockchain Technology Innovation Centre in Beijing. The research centre will be established with the participation and support of local universities, analyst firms and blockchain companies.

Ancient BTC address wakes up after 11 years

Ancient BTC address wakes up after 11 years

The bitcoin wallet of 2012 "woke up" yesterday. The owner sold most of the BTC earning about $9.5 million. The investment in 2012 is valued at just over $5 thousand. The first bitcoin was sent to the account on September 28, 2012. As of October 1, the wallet held

Interpol to investigate crimes in the meta-universe

Interpol to investigate crimes in the meta-universe

Interpol Secretary General Jürgen Stock believes that criminals are increasingly using new technologies and now have their attention focused on the meta-universes. He also said Interpol "has a duty to respond adequately" to rising crime rates. The agency will therefore consider various options to intervene.