On Tuesday morning, Southwest Airlines and the union representing its pilots reached a preliminary labor deal, after more than two years of contentious talks. The agreement, which is still subject to approval from the membership, will provide “industry-leading pay and job security” for Southwest pilots. The deal comes after a long process of negotiations between […]Read More
Russian President Vladimir Putin has given his approval to a new digital ruble tax law. The legislation, which was proposed by the government in October, is intended to create a framework for taxation of digital assets such as cryptocurrency. The new law would also bring Russia’s taxation system in line with international standards, which are […]Read More
The South Korean Supreme Court has sentenced a man to 10 years in prison for running a fraudulent cryptocurrency-trading operation. The man was found guilty of operating a bogus crypto-trading platform, which he had been using to defraud investors of up to 200 billion won ($153 million). The 56-year-old defendant, identified by his surname Cho, […]Read More
Customer assets are 100% safe despite $200 million hacked from exchanges. Exchange security measures should be a priority, as security systems are continually being upgraded to meet industry best practices and offer the best protection possible. It is always a good practice to always use 2-factor authentication, use strong passwords, and store coins in a […]Read More
It is unlikely that Elon Musk’s Cyber Truck will accept Dogecoin (DOGE) or any other altcoin. As cryptocurrency does not yet have mainstream adoption and the truck is not yet available for purchase, it is too early to tell if this will be an option for payment in the future.Read More
The Worldcoin Foundation today announced the launch of Wave0, the first ever community grants program. This $5 million initiative will support the development of projects and initiatives that benefit the worldcoin community and strengthen the ecosystem. Wave0 grants will be awarded to eligible projects that aim to drive the use of worldcoin as a global […]Read More
It is important to keep in mind that any pump in Bitcoin’s price is likely to be a temporary one, and prices could “correct” soon after the rally to $44k. This could be due to a variety of factors, including profit-taking, overall market sentiment, market manipulation, and more. Investors should retain a long-term view of […]Read More
SoFi, the online lending and financial services company, announced that it will be exiting its nascent cryptocurrency business due to increased regulatory scrutiny. SoFi had recently launched cryptocurrency trading in March 2021 and offered a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, and Bitcoin Cash, to its customers. SoFi cited the recent volatility […]Read More
Ukranian lawmakers are considering two bills that would tax cryptocurrency transactions. The draft laws are designed to regulate the operations of cryptocurrency in the country. The proposals have been submitted to the Ukrainian parliament and, if passed, the new regulations would require individuals and companies that engage in cryptocurrency activities, such as buying and selling […]Read More
Brazilian neobank Nubank is adding five new digital assets to its banking app, in an extension of its established crypto offerings. On Tuesday, May 18, the São Paulo-based fintech company announced that customers could buy, sell and hold Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH) and Ripple (XRP). Nubank, which already has provided […]Read More
Copyright © 2024 IncomeInvestingInsider. All Rights Reserved.
