Polygon Labs announces acquiring Toposware
5.6.2024
Polygon Labs has announced acquiring Toposware. The objective is to pioneer the next wave of ZK technology. The blockchain research and engineering company has joined hands with Polygon Labs to help push the entire ZK community forward. This builds on the previous development wherein they announced...
Rushing OP_CAT on Bitcoin could come at an immense security cost
5.6.2024
Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin
Spot Ether ETF could reduce ETH supply by 1.26M in first 5 months
5.6.2024
The US Securities & Exchange Commission has approved 19b-4 forms. It could approve S-1 registration forms any time later. This would pave the way for exchange platforms to enable traders and investors to engage with Spot Ether ETF. It is estimated that the approval of the registration form will...
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
5.6.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed...
CU, together with MiL.k, unveils their metaverse game Play CU X MiL.k
5.6.2024
CU and MiL.k deliver their metaverse game Play CU X MiL.k within The Sandbox, connecting the space between Web2 and Web3. For the uninitiated, CU is a top-of-the-line departmental store based in South Korea, whereas MiL.k is basically a blockchain-oriented loyalty incorporation platform. Through...
Turkey denies plans to tax crypto, stock gains
5.6.2024
Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
Shytoshi Kusama hints at upcoming developments in Shiba Inu
5.6.2024
Shytoshi Kusama, a pseudonym Founder of Shiba Inu, has hinted that developments are underway as he returns from the Middle East. He published a post on X and expressed his satisfaction of spending time in the region. The Shiba Army is speculating that it is because partnerships, collaborations,...
Franklin Templeton CEO says Bitcoin investment still in early phase
5.6.2024
CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
5.6.2024
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...