Elon Musk shows off on Twitterdoge. How many people do you think all his Macs have hidden Bitcoin references for years and pay taxes on cryptocurrencies, such as these stories in crypto this week.
Elon Musk changes Twitter logo to Doge
Elon Musk Changed Twitter logo Dogecoin’s Shiba Inu logo image caused memecoin’s price to jump 20% in one day. Doge’s logo appeared on Twitter two days after Musk asked a judge to dismiss the lawsuit accusing him of a Dogecoin pyramid scheme.
Bitcoin white paper hidden in every Mac
a A technician accidentally found A copy of Satoshi Nakamoto’s Bitcoin White Paper is stored on his Apple Mac computer, claiming that every Mac since 2018 contains a PDF of the document. I tried it myself by clicking on the folder on his Mac and yes it was!Apple has not commented on this finding.
P2P platform Paxful suspends operations
Peer-to-peer Bitcoin marketplace Paxful announced announced that it would suspend operations indefinitely. Ray Youssef, co-founder of an Africa-focused bitcoin trading platform, cited staffing shortages and growing regulatory challenges as reasons for the decision, but the lawsuit filed by Paxful co-founder Customers are instructed to withdraw their funds from their Paxful wallets.
Ether Rising Ahead of Major Upgrade
Ether is trading at a nine-month high Major network upgradeStarting April 12th, an upgrade to the Ethereum blockchain called “Chappella” will allow holders to withdraw their staked Ether. Until this point, investors will have to use centralized exchanges or his DeFi protocol to exchange their essentially locked Ether for equivalent value.
Binance Expands Despite Regulatory Concerns
binance forced to close After Australian regulators revoked Binance’s derivatives license, it halted its Australian derivatives business. ASIC’s review comes after confirming that Binance misclassified some retail investors as wholesale. Despite current legal issues with regulators around the world, Binance announced The company is expanding its service in Argentina, allowing users to buy and sell cryptocurrencies directly in the local peso.
Trump’s NFT Jumps Amid Indictments
Donald Trump digital sales Collectibles have surged to News of his indictment in New York. Trump’s official digital trading card sales have recorded his 400% surge. The NFT collection was launched by Trump on his social media in December and included thousands of tokenized cards depicting Trump in many guises, including Superman. .
Ralph Lauren Accepts Cryptocurrencies in Miami
Luxury fashion brand Ralph Lauren now allow Customers paying using crypto at locations in the Miami Design District. The store has become the brand’s flagship for Web3 Promotions. Bitcoin, Ether, and PolygonMatic are among the cryptocurrencies accepted by the new store, and payments are facilitated by BitPay.
2022 Study: Crypto Investors Didn’t Pay Taxes
Swedish cryptocurrency tax firm Divly released a new report Research shows that in 2022, only 0.5 out of 1% of crypto investors paid taxes on cryptocurrencies globally. According to the survey, Finland accounts for her 4% of tax payments for crypto investors, followed by Australia, Austria and Germany. The United States is her 10th, with 1.62% of investors paying taxes on cryptocurrencies.
That’s what happened with Crypto this week. See you next week.