Report: Crypto mortgages are too risky.

A new Weiss Rating report has warned about the risks of having mortgages backed by cryptocurrency, especially in the world’s current economic situation. The post Report: Crypto mortgages are too risky appeared first on CryptoSlate. origin »

India eyes 20% taxation on DeFi gains.

According to a report from The Economic Times, India is looking to extend its crypto taxations to include gains made from decentralized finance (DeFi) activities. The post India eyes 20% taxation on DeFi gains appeared first on CryptoSlate. origin »

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MEXC Global adds UniX Gaming (UNIX).

UNIX, the native token of the play-to-earn ecosystem UniX Gaming, is officially live on the cryptocurrency exchange MEXC Global. MEXC is a top 20 crypto exchange and its listing of UNIX makes it the second centralized exchange (CEX) to add support for the token. origin »

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Wikipedia halts cryptocurrency donations after accepting them for 8 years.

The Wikimedia Foundation (WMF), the non-profit organization that manages Wikipedia has announced that it has stopped accepting crypto donations. In an update made by the WMF, the organization said it has “has decided to discontinue direct acceptance of cryptocurrency as a means of donating” and also stated that it shall also close its Bitpay account. origin »

Bitcoin Mining Council thinks Tesla may accept BTC again for this reason.

The Bitcoin Mining Council has released a report that confirms that 58. 4% of Bitcoin mining comes from a “sustainable electricity mix. ” Elon Musk famously said that Tesla would start accepting when  “there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. origin »

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List Of Banks Managing the USD Reserve Backing TrueUSD.

TrueUSD, the first regulated stablecoin that is fully backed by the US Dollar has partnered up with internationally renowned banks and custodial accounts to lower the risk of transactions.   TrueUSD (TUSD) is the first independently verified digital asset redeemable at 1:1 US Dollar. origin »

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