Crypto News

Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes related to urban real estate within their city limits, a.k.a. Imposto sobre a propriedade predial e territorial urbana (IPTU).

Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading
Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.”

Floki Announces Guerrilla Marketing Competition with $28,000 USDT Prize Pool
Floki is known as “the people’s crypto,” in large part because of the community’s aggressive, guerrilla-style, memetic marketing on social media sites such as Twitter.

New data points to a renewed optimism in Bitcoin but there’s a caveat
Bitcoin saw a good rally which extended beyond $43k. After a brief retracement in the following 24 hours, BTC returned to the offensive and reclaimed $44,000. The uptrend continued in the past 24 hours, and the cryptocurrency reached and briefly exceeded $45,000, its highest price tag since 2 March.

Web3: Onboarding the next billion users — The road ahead
Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks.

Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation
U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation.

What is front-running in crypto and NFT trading?
Front-running is a stock market phrase that refers to using insider information about impending deals to enter the market ahead of the competition. As a result, it's a type of insider trading.