Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop


The fourth airdrop from Layer 2 Ethereum network Optimism distributes $41 million in OP tokens to prioritize digital artists, acknowledging their work and contribution to the blockchain. The post Optimism Gives $41 Million in OP Tokens to NFT Artists in Fourth Airdrop appeared first on Cryptonews

Major Party in South Korea Proposes to Defer Cryptocurrency Taxation


The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from...

Over 200 Crypto Accounts Linked to Ransomware Operator LockBit Frozen


A coordinated international operation has targeted one of the leading ransomware operator group LockBit, freezing over 200 cryptocurrency accounts linked to their activities. The post Over 200 Crypto Accounts Linked to Ransomware Operator LockBit Frozen appeared first on Cryptonews

Cryptocurrency Exchange Bitget Eyes Latam Expansion


Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving...

Circle Drops TRON Support for USDC, Citing Risk Management


Stablecoin issuer Circle will stop supporting USDC on the TRON blockchain, as part of concerns under its risk management framework. The post Circle Drops TRON Support for USDC, Citing Risk Management appeared first on Cryptonews

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