LEO Holders to Continue to Get Bonuses From Bitfinex

Starting yesterday, LEO token holders that has it in an amount equivalent to at least $5k will be granted an additional 10% discount on trade fees
05 June 2019   523

Bitfinex Cryptocurrency Exchange launched the second round of the bonus program for holders of utility-tokens UNUS SED LEO.

LEO token holders that has it in an amount equivalent to at least USD5,000 will be granted an additional 10% discount on trade commissions. It will act in relation to the pairs of “crypto-crypto” and “cryptocurrency-stablecoin”.

The discount will be calculated every 12 hours and applied to baker fees on the Bitfinex and Ethfinex exchanges. At the same time, the equivalent of 5000 USDt balance in LEO tokens must be held for at least 30 days starting from May 20.

The first stage of discounts for LEO holders started on May 28th. Taker fees for holders of more than one LEO token have been reduced by 15%.

Thus, the total size of the discount on the commission of the baker for traders with coins worth more than 5,000 USDt is currently 25%.

Authorities to Study Bankrupt QuadrigaCX

Canada Revenue Agency sent a request for access to the tax info from Oct. 1 2015 to Sep. 30, 2018
18 September 2019   43

The Canadian Revenue Agency (CRA) intends to examine corporate declarations that ceased to exist as a result of the bankruptcy of the QuadrigaCX bitcoin exchange, The Globe and Mail reports.

CRA sent a request for access to the tax reporting of the exchange from October 1, 2015 to September 30, 2018, that is, on the date when QuadrigaCX tentatively began problems with the withdrawal of funds.

The E&Y auditor, acting as the trustee of the exchange, intends to discuss the tax request and obtain permission from the court to disclose information.

At the same time, the company noted that one way or another they are forced to comply with the CRA requirements, although this will take a lot of time and delay the payment of compensation to victims.

At the beginning of the year it became known that QuadrigaCX lost access to user funds by $ 190 million, and somewhat later, Indian authorities confirmed the death of the founder of the exchange, Gerald Cotten.