Developments in crypto tax across Europe and CIS at a glance
17.5.2023
Taxation in the crypto sphere is fast evolving, and keeping track of the developments is not just imperative but indeed a necessity. The European and CIS markets have seen a bit of turmoil in relation to crypto tax developments. Things are working out with all the major regions cementing their...
New Chinese Blockchain Pivot as Beijing Vows to Train 500,000 ‘Experts’
17.5.2023
China is gearing up for another blockchain technology push after promising to train half a million new “experts” to work in the sector.
Blockchain was earmarked as a growth sector by Chinese President Xi Jinping in 2018.
In the years that followed, blockchain salaries ballooned in the nation....
Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced
17.5.2023
Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week
Swell incorporates Chainlink Proof of Reserve
17.5.2023
Swell with immense pleasure in officially announcing having incorporated Chainlink Proof of Reserve (PoR) on Ethereum. This is to be able to ascertain the fact that the swETH tokens are supported by staked ETH on a 1:1 ratio. In the recent past, the entity had similarly declared the incorporation...
Senators slam bank execs for blaming collapses on crypto, pocketing millions
17.5.2023
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse
Litecoin Ordinals Hits 2 Million Inscriptions Showing Progress in NFTs
17.5.2023
The Litecoin community has reason to celebrate as the Litecoin Ordinals have reached a milestone of 2 million inscriptions. This achievement was even more impressive as the platform added over a million inscriptions in less than a week without any issues! The Litecoin Foundation, a non-profit...
‘Is that legal?’ — Elon Musk chides OpenAI's for-profit pivot after $50M investment
17.5.2023
OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
17.5.2023
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean...
MetaGate – International Metaverse Summit set to take place in Istanbul on September 2023
17.5.2023
Istanbul, Türkiye – EUMENA Events, a leading event consultancy and management specialist, is excited to announce the launch of MetaGate – International Metaverse Summit, a groundbreaking three-day business-focused hybrid summit scheduled to take place in Istanbul, Türkiye, on September 2023....
ViaBTC’s 7th Anniversary: The Evolution of Crypto Mining
17.5.2023
On January 3, 2009, Satoshi Nakamoto mined the Genesis Block on a small server in Helsinki, Finland, and received a reward of 50 bitcoins, which marks the beginning of crypto mining. From CPU to ASIC In Satoshi Nakamoto’s initial vision, BTC mining could be performed using CPUs installed...
Anchorage Digital opens up DeFi voting for custody clients
17.5.2023
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot
Distributed ledger tech could save TradFi $100B a year: Lobby group
17.5.2023
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously