Author: dfrancis36

[ad_1] The Nigerian crypto community faces uncertainty after KuCoin, a prominent global cryptocurrency exchange, announced a new tax policy. Starting July 8, the cryptocurrency exchange will impose a 7.5% value-added tax (VAT) on transaction fees for users with Know Your Customer (KYC) information registered in Nigeria.KuCoin Introduces VAT for Nigerian UsersIn a post on X, KuCoin informed its Nigerian users that the new tax only applies to the fee charged per transaction and not the overall transaction amount. For instance, buying 1,000 USDT worth of Bitcoin incurs a fee of 1 USDT (0.1%), and the VAT on this fee would…

[ad_1] In a recent interview with Bitcoin Magazine, Ryan Gentry from Lightning Labs shared his insights on the various proposals aimed at enhancing Bitcoin’s scripting capabilities, focusing particularly on the approach taken by Rusty Russell’s new proposal, the Great Script Restoration Project. This initiative has stirred the Bitcoin development community by suggesting the restoration of previously disabled opcodes, such as OP_CAT, to broaden the scripting possibilities on the Bitcoin network.The Broad Vision vs. Incremental TweaksRyan Gentry highlighted the stark contrast between the comprehensive approach of the Great Script Restoration and other more incremental proposals. Many existing proposals, like Christian Decker’s…

[ad_1] Matthew Sigel, the head of digital assets research at investment giant VanEck, has confirmed that his firm’s Solana (SOL) exchange-traded fund (ETF) filing is a bet on Donald Trump winning the presidency. VanEck became the first company in the United States to file for a SOL ETF when it submitted an S-1 registration statement to the Securities and Exchange Commission (SEC) last week. Bloomberg ETF analyst Eric Balchunas said he thought the filing was “a call option on the POTUS election.” “The knee-jerk reaction here is: ‘oh, this will never be approved because there aren’t Solana futures.’ Agree, but…

[ad_1] In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin.  These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s Successor?  According to seven senior sources from the Biden campaign, the White House, and the Democratic National Committee, discussions are underway about Vice President Kamala Harris potentially replacing President Biden as the Democratic nominee if he chooses not to pursue reelection.  This scenario would…

[ad_1] Bitcoin price prediction remains a hot topic in the cryptocurrency world. Recently, Bitcoin’s value dipped below $61,000, causing concern among investors. Despite this downturn, some traders remain bullish, predicting that Bitcoin could reach $150,000 by the end of 2024. Current Bitcoin Price Trends Bitcoin (BTC) experienced a significant drop, falling below the $61,000 mark. This decline is part of a broader trend that has seen the cryptocurrency struggling to maintain its value amid market fluctuations. The recent dip has caused uncertainty among investors, who are closely watching the market for signs of a rebound. According to CoinDesk, Bitcoin’s price…

[ad_1] Karate Combat, a premier full-contact striking league, is set to feature at Bitcoin 2024, the world’s largest Bitcoin conference, later this month in Nashville, Tennessee. The event will take place at the Nashville Municipal Auditorium on July 25th, starting at 6:00 PM ET.”Feel the intensity of every kick, punch, and block as world-class martial artists and influencers step into the legendary Karate Combat pit to battle it out for supremacy, all under the roof of Bitcoin Nashville,” the event’s website stated. “You don’t want to miss your chance to be part of history in the making.”The highlight of the…

[ad_1] Interoperability blockchain project Polkadot (DOT) is reportedly spending massive amounts of money on outreach and marketing. According to the project’s new treasury report, $37 million was spent in the first half of 2024 to increase interest in the Polkadot ecosystem. “$37 million was spent on ‘outreach.’ But what do we mean by that? Under outreach, we describe every spend that is intended to attract new users, developers and businesses into the ecosystem. This spans from advertising and media, online and offline community building and events, to big conferences and business development. Some subcategories deserve the grouping together, such as…

[ad_1] Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Related Reading Cheap Gas Fuels The Fire Analysts attribute the dApp volume explosion to the Dencun upgrade in March, which significantly reduced gas fees – the cost associated with processing transactions on the Ethereum network. Lower fees have historically enticed users, and this recent development seems to be no different. The surge…

[ad_1] The United States, famously described by Walt Whitman as “large” and containing “multitudes,” is a land of diverse ideals and evolving mottos. Once unified under “e pluribus unum” (“from many, one”), the country’s guiding principle is now “In God We Trust.” Yet, the American Dream remains an enduring myth, promising success through hard work, talent, and determination. The American Dream and Its Many Faces The American Dream varies greatly depending on individual backgrounds. For a first-generation Greek-American, it represents the opportunities afforded by familial sacrifice. For others, the dream might be shaped by centuries-old roots in England, Ireland, or…

[ad_1] A group of Bitcoin Core developers has introduced a comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs.This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security within the Bitcoin ecosystem.Several previously undisclosed vulnerabilities are also included with the announcement.What is a Security Disclosure?A security disclosure is a process through which security researchers or ethical hackers report vulnerabilities they discover in software or systems to the affected organization. The goal is to allow the organization to address these vulnerabilities before they can be exploited by malicious actors.…