SegWit has come a long way since its first appearance during the 2015-2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are still not committed to using SegWit addresses for sending Bitcoin (BTC). Implemented in 2017, segregated witness (SegWit) is a soft fork upgrade that separates “witness” data from … [Read more...] about Bitcoin SegWit adoption lags among major exchanges: Glassnode
Exchanges
Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
For 2022, it plans to launch its corporate trading desk, Ripio OTC, aimed at institutional investors and high-net-worth traders, Ripio Brazil's country manager, Enrique Teixeira said. In parallel, the company is working on "various payment products" with Visa Brazil, including a crypto card and several projects with local fintech companies. Source link … [Read more...] about Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
Moving Value From Centralized Exchanges to a Private Wallet? Go to wARRR
Privacy coins certainly have their use cases. What they haven’t had until recently is a way to acquire or divest these tokens untraced. It’s like having a speed-limitless autobahn rolling out straight and flat ahead of you, but with a police cruiser at every on- and off-ramp.“If someone knows of one transaction you made on a centralized exchange, they can find out almost every … [Read more...] about Moving Value From Centralized Exchanges to a Private Wallet? Go to wARRR
The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies
The TakeawayTax agencies have several other crypto exchanges on their radar but expect these “inspections” to serve as a deterrent that will make the industry voluntarily fall in line.Agencies have been examining crypto exchanges’ finances in India since August 2021, the investigation is still ongoing and currently focused on evaluating transactions to correctly assess tax … [Read more...] about The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies
First Mover Asia: Bitcoin Slips Under $46K As Volume Across Major Centralized Exchanges Remains Low
(Edited by Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves:Bitcoin opened lower on the first trading day of U.S. equities market, while the stock market gained with Apple briefly hitting a $3 trillion market capitalization.Technician’s take: Price indicators suggest limited downside for BTC over the short-term as selling pressure slows.Catch the latest … [Read more...] about First Mover Asia: Bitcoin Slips Under $46K As Volume Across Major Centralized Exchanges Remains Low