Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It
Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept. 29 and shut down completely on Dec. 22, blaming a long crypto slump and rising compliance costs. The Calendar Users Need Coinex announced an orderly wind-down on Sept. 14 with four hard dates: Sept. 15: registrations and referral rewards stop, […] Powered by...
US House Crypto Tax Bill Spares Fees Under $10, but Not Heavy Traders
House Ways and Means Chair Jason Smith unveiled a 114-page crypto tax bill on Monday night that would stop taxing network fees under $10, setting up a committee markup on Wednesday, Sept. 16. What the Bill Actually Changes Bloomberg Government reported that Smith, a Missouri Republican, released the text on Monday night and that it […] Powered by...
Bitcoin Suisse Cutting up to 50% of Swiss Workforce
Swiss crypto firm Bitcoin Suisse is restructuring to expand internationally as a global wealth manager, a move that will cut up to 50% of its workforce at its Zug headquarters. Cost-Cutting Drives Relocation Swiss cryptocurrency pioneer Bitcoin Suisse is restructuring its business model and expanding internationally, a strategic shift that could cost up to half […] Powered by...
A Fake Tesco Casino Is Still Live and Ranking First on Google
“The official Tesco casino” was able to advertise itself as the real deal on Meta until the Guardian put questions to it. The unlicensed casino remains online at the time of writing this article, and ranks first in Google’s organic results for the search term it targets. It is just one of many impersonation scandals […] Powered by...
How Everyday Savers Can Accidentally End Up With AI-Heavy Portfolios
Years of AI-driven gains increased technology exposure inside index trackers, workplace pensions, and other mainstream holdings, according to Devere CEO Nigel Green. Monday’s sell-off showed how savers can acquire concentrated exposure without deliberately buying technology stocks. How AI Exposure Builds Inside Ordinary Savings Everyday savers can accumulate AI-heavy portfolios without purchasing shares in an artificial […] Powered by...