xDollar Partners with Iotex to Power Web3 Currency and Cross-Chain, Interest-Free Loans
6.1.2022
IoTeX has announced a series of partnerships, and its fast-growing ecosystem in 2021 has seen projects on its platform increase exponentially from a couple dozen to over 126. As part of this ongoing growth, xDollar has announced its partnership with IoTeX to power Web3 money and non-custodial...
Announcement On TRON Foundation Restructured As TRON DAO
6.1.2022
Cryptocurrency has gained popularity, and so has the concept of decentralizing the internet. The new era is where the internet is not just controlled by a single person. Every member of the community owns it. TRON Network came under the spotlight after the launch of MainNet in 2018. The independent...
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
6.1.2022
Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022
Ethereum’s Position as DeFi Leader Challenged by Terra, BSC, Solana, Avalanche – JPMorgan
6.1.2022
The dominant position enjoyed by Ethereum (ETH) in decentralized finance (DeFi) will increasingly be challenged by other blockchain protocols until a scaling solution for the network is implemented next year, according to a private note by analysts at investment bank JPMorgan....
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Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot
6.1.2022
ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime...
Bitcoin fills $42K December price wick as analyst says 'party just getting started'
6.1.2022
More volatility expected as Bitcoin market sentiment dives to its lowest in almost seven months
Bitcoin Twitter flips bearish, community responds
6.1.2022
Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload
Bitcoin, Ethereum, and Altcoins Extend Decline
6.1.2022
Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800.
Similarly, most major altcoins declined heavily. ETH traded below the USD 3,550 and USD 3,400...
WazirX and Other Crypto Exchanges Under I-T and ED Scanners
6.1.2022
Cryptocurrency is largely unregulated. When it comes to the Indian market, then the country is a part of the side that is yet to regulate the digital currency and its exchange platforms. This has been mistaken or rather used as an excuse to miss out on paying GST and other applicable taxes. Even...
Crypto trades in Thailand now reportedly subject to 15% capital gains tax
6.1.2022
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty
Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains
6.1.2022
The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”
“Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...
Binance implements a ‘fair way’ to purchase NFTs
6.1.2022
Binance's NFT marketplace is introducing its NFT Subscription Mechanism, a new feature that claims to give buyers a fair shake