Author: Donald Munn
The South American province of Mendoza, in western Argentina, has decided to accept Bitcoin and other cryptocurrencies for tax payments. Specifically, this is the Mendoza Tax Administration (ATM), which has added on its official website the possibility of paying taxes in cryptocurrency since last August 27. The government, however, will not keep any kind of cryptocurrency, but they will be immediately converted into pesos by an online payment company that has not yet been revealed. Crypto-friendly Argentina? Bitcoin use expands As early as 2021, a bill was introduced in Argentina that would have introduced salary payments in Bitcoin and cryptocurrencies.…
SPONSORED POST* Some premonitory signs of a bullish stock market are appearing. The ratio of the VIX index to the VXV shows a definite figure along with the S&P 500, which continues to close positive. What the relationship between the VIX index and VXV shows The VIX index, which measures market volatility and in a sense the “fear” of investors, has declined for eight consecutive weeks, the longest series in three years. It shows, therefore, a clear optimistic sentiment, but it is even more useful to analyze the VIX/VXV ratio. The VIX is the 1-month implied volatility, while the VXV…
LONDON — August 30, 2022 — Zebu Live, the annual two-day live crypto conference experience that showcases the people of the Web3 revolution, has partnered up with decentralised cloud computing network Cudos and carbon management provider Blue Marble to make Zebu Live a completely carbon neutral event. Zebu Live is a showcase of 75 of the brightest speakers in the Web 3 industry from top global crypto companies, including Dragon & Thirdweb Co-Founder Steven Bartlett and Founder and CEO of Aave Stani Kulechov. ZebuLive: London’s biggest WEB3 conference As an exhibit of the prowess within the crypto world, Zebu Live…
OptiFi is a DEX (decentralized exchange) based on Solana. A couple of days ago they admitted they made some mistakes because of which $661,000 USDC was permanently locked. OptiFi's program has been closed by mistakes we made. TL;DR 1. We accidentally closed the OptiFi mainnet program and it's not recoverable2. 661k USDC is locked in the PDAs, luckily 95% of the fund is from our team member3. We will compensate for all users’ funds — OptiFi (@OptifiLabs) August 29, 2022 Therefore, this is not a bug, and the Solana blockchain has to do with this story only because it is…
The Virtual Asset Regulatory Authority (VARA) in Dubai, has unveiled guidelines for the marketing and promotion of virtual assets applicable to any entity using Dubai-based media sites and publishing channels. Dubai marketing for virtual assets VARA this month unveiled its guidelines for new implementing regulations for the marketing and promotion of virtual assets in Dubai. The UAE city has been working hard for months to give precise regulations to the world of cryptocurrencies and Web3, of which it is becoming a truly international hub. Dubai is home to nearly 1,000 companies in the sector, which have chosen the Emirati city…
As of today, it will be necessary for crypto service operators to register with Ethiopia’s Information Network Security Administration (INSA) to do business, trade, or hold cryptocurrency in Africa. The spread of crypto in Africa Africa is crypto-friendly and the advent of this new asset has brought a breath of fresh air to a continent that is still in search of its own identity and is forming its own financial fabric in large and small steps. However, in some cases, the development of this asset can be more cumbersome than expected, as in the case of Ethiopia. The Ethiopian Monitor,…
First edition will be held in Berlin, Germany, 23-24 November 2022 with more than 5000 attendees. In 4 months from now, the Berlin Station will be the most important place in the European blockchain map, linking together the most important names from blockchain. “We are bringing founders, investors and blockchain experts together to redefine and discover Web3 future” – says Tom Kopera, Next Block Expo Co-founder. The organizers expect more than 5000 participants at the conference plus another 10.000 attending online. Venue can host more than 100 exhibitors and sponsors. Everyone will be able to listen to more than 80…
Recently IOHK (Input Output Hong Kong), the company behind the development of the Cardano network, disclosed what the conditions are for the upgrade to proceed. Cardano’s next hard fork, Vasil, is about to arrive Mainnet nodes status: SPOs/nodes: SPOs running node 1.35.3 (the #Vasil release candidate) now account for 40% plus of mainnet block production in the current epoch. The metric we’re chasing is 75%. Data courtesy: @cexplorer_io @PooltoolI 5/13 pic.twitter.com/4jf62zlqQQ — Input Output (@InputOutputHK) August 25, 2022 Those conditions are: Client version 1.35.3 will have to run on most nodes (at least 75% of the blocks produced, to be…
A swallow does not make spring, just as a contract notice does not lead to a conclusion, but what has just happened may hint at a not-so-rosy future for Italy. Bank of Italy: a €16 million contract to purchase ink for banknotes The Bank of Italy, by public contract No. 98 of August 24, 2022, published in the Official Gazette notice about the awarded tender for “Purchase of inks for banknote printing.” The notice from Via Nazionale shows how the Swiss company SICPA SA, headquartered in Prilly, avenue de Florissant 41 in Switzerland, was awarded a €16,393,442 contract to supply…
Intel has entered into a $30 billion financing agreement with Brookfield Asset Management (BAM). This is the first semiconductor co-investment program that will help finance the company’s chip manufacturing expansion plans. Intel’s expansion, a $30 billion deal The world of chips is in great turmoil, due to the chronic shortage of raw materials, which is leading to major problems in the delivery of the highly valuable microchips that command the world of tech and computing. In 2020 a series of deals worth a total of about $106 billion, led by Nvidia, which had in September 2020 made a bid to…