Business

Feb 28, 2023 Exploration projects are more common in developing countries than in developed ones, but there are still plenty of untapped opportunities in the latter. A great example is GoldLine Resources (TSXV: GLDL | OTCQB: TLLZF), a company taking the initiative to explore the mineral potential of the Nordics. It holds a portfolio that …

The EU is making it more difficult for criminals to misuse cryptocurrencies for criminal purposes As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling …

Blockchain technology (BT) is a term you’ve probably heard several times in the past few months, particularly in relation to cryptocurrencies, and you are not alone if you are asking just what it is so this article answers that question and discusses some of its applications. What Is Blockchain Technology? According to Josh Hastings of …

Bitcoin and other cryptos are taxable assets. While taxation laws are different in different countries, the UK has a very rigorous tax regime.

Cryptocurrency regulations are still unclear in many countries. However, it must be noted that countries across the globe are embracing blockchain and crypto technology.

Bitcoin (BTC) is on a bull run after it regained the $50,000 mark on October 6, 2021. As of writing this, Bitcoin is trading above $60,000, according to CoinMarketCap. If this trend continues, BTC is expected to hit $100,000 in the next few months.

Ethereum reached a record US$4,350 before falling to under US$2,000, however, recently has been trading above US$4,000, closing on October 29, 2021 above US$4,400.

Celsius Network, a UK-based cryptocurrency lender, has been under U.S. regulators' scrutiny in states like Alabama, Texas, Kentucky, and New Jersey for its high interest-bearing accounts. Despite this legislative resistance, Caisse de dépôt et placement du Québec (CDPQ) and WestCap have invested $400 million in Celsius Network.

Voyager Digital, a publicly traded cryptocurrency platform based in the U.S., announced the acquisition of Coinify, a cryptocurrency payment platform with users in over 150 countries, for $15 million in cash and 5.1 million shares of Voyager Digital.

Chinese tech giant Tencent Holdings Ltd. (HKG: 0700) recently announced that it would acquire the Sumo Group (AIM: SUMO), a British video game firm, for a £919 million (US$1.27 billion). Following the news of the prospective acquisition, shares of Sumo jumped over 40%.