Day: 13 November 2024

The Italian government is reportedly reviewing its substantial 42% tax on crypto gains, with sources suggesting a possible revision. A recent Bloomberg report indicates that the government may approve a proposal from one of its coalition partners to lower the tax rate to a more moderate 28%.  The government initially ...

DeFi lending protocol DeltaPrime has issued an ultimatum to the perpetrators of its recent $4.8 million hack.  In a November 13 X post, the protocol’s co-founder, Gavin Hasselbaink, warned that legal action will be taken if the attacker fails to engage in dialogue, and efforts to track down the individual ...

United States prosecutors are pushing to seize nearly $18.5 million worth of cryptocurrencies linked to alleged bribes paid by FTX co-founder Sam Bankman-Fried to Chinese officials.  A November 12 court filing in the New York District Court alleges that the funds, currently in a Binance account, were initially valued at ...

Knowledge workers were sent home from the office in early 2020 as the pandemic took hold, but as things eased up, return to office mandates have entered the chat. Now, many tech workers are back at their places of work, at least two or three days each week. Considerable numbers ...

In the dynamic world of finance, banks and institutions are in a constant race to innovate and meet customers' evolving demands. Financial entities strive to stay ahead of the curve, from enhancing digital infrastructure to offering specialized products. The Qubetics Network presents an exciting avenue for growth by empowering these ...

A recent survey by the Federal Deposit Insurance Corporation (FDIC) reveals that in 2023, cryptocurrency usage was significantly more prevalent among underbanked households compared to fully banked households in the U.S. The FDIC's report published on November 12 surveyed approximately 60,000 households and found that 6.2% of underbanked households—those with ...

If you’ve ever kicked yourself for missing out on Binance’s ICO, you’re not alone. Back in 2017, Binance was just another new kid on the blockchain). But for those who saw its potential and got in early, the rewards have been beyond imagination. Binance started at just $0.10 per BNB ...