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Offchain Labs announces the launch of Arbitrum BOLD Testnet
16.4.2024
Offchain Labs is ecstatic to announce the launch of a technological revolution: the Arbitrum Bold testnet is now operational. Arbitrum Bold, which is powered by fraud-proof systems for rollups, will be the dispute resolution mechanism of the future years. It represents an additional achievement...
Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility
16.4.2024
Even during extreme volatility in Bitcoin prices, Bitcoin Depot's revenues remained steady and unaffected.
The post Largest U.S. Crypto ATM Firm Reports No Impact on Revenues Despite Bitcoin Price Volatility appeared first on Cryptonews
‘Real-World Implementations of Both AI and Web3’ Fuel AI Tokens’ Rally, Says Daniel He
16.4.2024
With socialfi platforms, financial incentives serve not only as a reward mechanism for content creators but also “fundamentally transform the engagement model for all users,” Daniel He, the CEO of the artificial intelligence (AI)-powered socialfi platform, Republik, said. He believes...
Polygon Labs obtains an ISO/IEC 27001:2022 (ISO 27000) license
16.4.2024
Polygon Labs has obtained the ISO/IEC 27001:2022 (ISO 27000) license, the external audit having been carried out by Schellman Compliance, an internationally known company. It speaks volumes regarding their commitment to world-standard information safety factors. The information security management...
Ethereum Suffers Most Hacks Among Blockchains in 2024
16.4.2024
Ethereum has emerged as the leading victim of blockchain hacks in 2024, with 33 reported incidents, according to a recent study.
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OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility
16.4.2024
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday.
The post UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory...
South Korean ‘Crypto Tax Crackdown’ Moves to Another City
16.4.2024
The South Korean “crypto tax crackdown” continues its nationwide tour, moving on to the city of Yeongcheon in North Gyeongsang Province.
The post South Korean ‘Crypto Tax Crackdown’ Moves to Another City appeared first on Cryptonews
South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey
16.4.2024
Most young South Koreans are losing faith in the national pension system, a new survey has found – with many stating they see crypto and stocks as a better alternative.
The post South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey appeared first on Cryptonews
Senate Candidate John Deaton Calls Gary Gensler a “Bad Faith Regulator,” Voices Support For Coinbase in SEC Case
15.4.2024
John Deaton, the pro-crypto candidate running to win Seator Elizabeth Warren’s current senate seat, took to X Monday (formerly Twitter) to criticize United States Securities and Exchange Commission (SEC) chair Gary Gensler over the new Coinbase appeal, calling him a “bad faith regulator.” The...
UK Set To Launch New Crypto Staking And Stablecoin Legislation By July, Economic Secretary Bim Afolami Says
15.4.2024
The UK is set to introduce new crypto staking and stablecoin legislation by July, according to recent remarks by Economic Secretary Bim Afolami. Afolami previously hinted at the legislation in February as the current conservative-led government aims to introduce new regulation ahead of this year's...
Extra Mile with TV Asahi Group releases TV Asahi Blockchain Games
15.4.2024
Extra Mile and the TV Asahi Group have introduced a TV Asahi Blockchain project to support builders seeking to enter the Web3 space. This is Japan’s initial accelerator program dedicated to Web3 gaming. The collaboration between Extra Mile and TV Asahi provides an entire array of solutions...
AI titans launch token migration with $EFT to $ASI swap
15.4.2024
The Superintelligence consortium’s reserve currency is $EFT, but it will change its name to $ASI after successful government approval. Ocean Protocol, Fetch.ai, and SingularityNET will soon submit proposals to concerned government authorities. If the Artificial Superintelligence consortium gets...
Blockchain for Good Alliance (BGA) Unites Web3 for Societal Impact, Launching at Blockchain Life Dubai With Bybit Web3, Harvard Blockchain Club, Solana Foundation, Moledao, Aptos, ICP.Hub UAE, Alchemy Pay as Key Partners
15.4.2024
PRESS RELEASE. Dubai, 15 April 2024 – The Blockchain for Good Alliance (BGA) officially announces its launch today, marking a significant step forward in the mission to leverage blockchain technology for social good. BGA has partnered with leading entities in the blockchain space including Bybit...
Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football Club
15.4.2024
Winklevoss Capital, an investment firm founded by the twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack.
The post Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football...
Solana Releases Update to Address Network Congestion Issues
15.4.2024
Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems.
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DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
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VeChainThor blockchain leads the blockchain & tokenization space
15.4.2024
VeChainThor blockchain is leading the blockchain and tokenization space, a case in point being their tie-up with UFC, a global sporting company. Through this, VeChain attracted the attention of 900 million families and furthered its digital offerings throughout multiple media houses. The number...
IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year
15.4.2024
Guy Ficco, the IRS Criminal Investigation Chief, says the agency is prepared for a significant uptick in crypto-related tax evasion cases amid the tax filing season.
The post IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year appeared first on Cryptonews
Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform
15.4.2024
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.
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