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Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences


Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer...

SeedBox is Set to Launch on Polygon, having Polygon as a Native Mainnet


Mainnet is a blockchain protocol that has been fully designed and deployed for further functioning. It differs from the testnet because the testnet is still under production while the mainnet is already live on the network. When a platform states that it is live on the mainnet, it means that...

Biggest Movers: Near Surges by Over 25% on News of an Upcoming Stablecoin


NEAR rallied by over 25% on Friday, as speculation grew that Near Protocol was set to create a rival stablecoin to Terra’s UST. LUNA fell on the news, as Terra labs plans to purchase around $100 million worth of AVAX, in order to strengthen its own reserves. Near Protocol (NEAR) NEAR was...

Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May


The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes,...

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