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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
China Might Introduce Blockchain Standards for Financial Firms
23.7.2020
China could be on the verge of introducing nationwide blockchain standards to govern the nation’s financial organizations, per a new report.
According to media outlet Caixin, an unnamed “authoritative” source stated that the central People’s Bank of China (PBoC) has issued a set of “blockchain...
T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks
23.7.2020
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto
University of York Confirms Recent Data Breach Was Caused by Ransomware
22.7.2020
A UK-based university is investigating the slow response to a ransomware attack that took place in May
Bank of Korea Launches a Department Devoted to Blockchain and AI
22.7.2020
Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency
CFTC Seeks Industry Advice on Blockchain Applications
22.7.2020
The commission’s technology advisory committee made several presentations on various blockchain applications including CBDCs and digital tokens during a four-hour-long remote meeting last Thursday
Most Music Listeners Would Pay for Music with Crypto to Help Artists
22.7.2020
The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split
South Korea Will Air a Crypto-Themed TV Series in October
22.7.2020
“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange
Dfinity’s Internet Computer Could Be a Truly Decentralized Alternative
22.7.2020
The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t. Dfinity’s Internet Computer is stepping up to set that straight
Blockchain Bites: Coinsquare Conclusion, Ethereum Fees and a GPT-3 Poet
22.7.2020
Ethereum fees are up, as are users on the Bitcoin network. This is everything you need to know in crypto today
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...
A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral
22.7.2020
A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake
Defending Bitcoin’s Integrity in the Great Twitter Hack
22.7.2020
The recent Twitter hack has placed the words “Bitcoin” and “scam” in one headline again, though Bitcoin has nothing to do with it
Neo Joins Hands with BSN To Promote Blockchain Adoption and Development
22.7.2020
Taking pride as a robust open-source platform leveraging blockchain technology to support digitization, NEO has entered into a strategic collaboration with China’s Blockchain-based Services Network, a provider of tools for developers building blockchain solutions. The partnering teams will play...
American Blockchain Dream in Sight, but the Chase Not Over Yet
22.7.2020
America still lags behind countries like China, the United Arab Emirates and Switzerland when it comes to blockchain adoption
Crypto Entrepreneurs Sue Google, Facebook, Twitter Over Ad Ban
22.7.2020
Following the infamous crypto advertising ban by Google and its video-sharing site YouTube, Facebook, and Twitter, a law firm representing crypto entrepreneurs and investors who claim their business was hurt as a result of the ban are now taking the tech giants to court in Australia.
The news about...
This Week in Crypto: A Data Perspective (July 20-24)
22.7.2020
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading
The post This Week in Crypto: A Data Perspective (July 20-24) appeared first on CoinMarketCap Blog
Avalanche Blockchain Protocol Raises $42M in 4.5-Hour During Public Sale
22.7.2020
Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August
CryptoKitties Maker Launches Dr. Seuss Collectibles on Flow Blockchain
22.7.2020
Source: a screenshot, seussville.com
The developer of the Ethereum (ETH)-powered crypto-collectibles game CryptoKitties has teamed up with Dr. Seuss Enterprises to launch a line of digital collectibles based hit children’s books like The Cat in the Hat and How the Grinch Stole Christmas! on...
Dr Seuss Crypto Collectibles to Feature Cat in the Hat, Lorax, Horton, the Grinch
22.7.2020
Dr. Seuss’ characters will be crypto collectibles due to a partnership between Dr. Seuss Enterprises and Dapper Labs, the company behind Cryptokitties and the upcoming NBA Top Shot. Some of the characters that will be available include The Cat in the Hat, The Lorax, Horton, The Grinch,...