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Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
Popular Analyst Plan B Predicts Bitcoin Price to Surpass $300,000 in 2025 – Here’s How
18.4.2024
Bitcoin price predictions are heating up, with analyst Plan B forecasting a potential $300,000 valuation by 2025. Discover the factors influencing this projection, including the upcoming halving event, the Stock-to-Flow model, and growing institutional interest. Explore insights from other experts...
BlackRock ETF Closing in on Grayscale Market Share Despite Low Inflows
18.4.2024
Despite lower inflows, BlackRock's Bitcoin ETF (IBIT) is steadily gaining ground on Grayscale's GBTC in the battle for market share. With impressive growth since its launch and a more competitive fee structure, IBIT is attracting attention in the Bitcoin ETFs landscape. Could this signal a shift in ...
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
18.4.2024
Venture capital funding for cryptocurrency and blockchain projects has experienced its first quarterly rise since 2021.
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on Cryptonews
Maison Margiela Launches Public Mint For MetaTABI NFT Collection
18.4.2024
Iconic Paris fashion house Maison Margiela is diving further into the Web3 fashion industry with the launch of its new NFT MetaTABI collection, the company announced Wednesday. News of the launch follows the company's first foray into the world of Web3 after it unveiled its "blockchain bingo" game...
Binance Back on Their Feet With Dubai Crypto Licence Following CZ’s Resignation
18.4.2024
Binance, the world’s largest cryptocurrency exchange, received a long-awaited Dubai crypto licence after Changpeng Zhao “CZ” stepped down as CEO.
The post Binance Back on Their Feet With Dubai Crypto Licence Following CZ’s Resignation appeared first on Cryptonews
Huma and Arf merge, set to revolutionize global finance with blockchain
18.4.2024
The merger of Huma Finance and Arf, two cutting-edge blockchain financial services platforms, was officially announced recently. This breakthrough indicates a major step in pursuing their joint mission of reshaping global economic exchange. These collaborations will significantly improve...
Major CEXs Experience 3X Surge in Monthly Trading Volumes from October 2023: Bybit
18.4.2024
A new Bybit report reveals a 3x surge in CEX trading volumes from Oct. 2023 to Mar. 2024, fueled by Bitcoin ETF approvals and rising investor confidence. However, DEXs like Uniswap v3 experienced even greater growth. The report also details how the upcoming Bitcoin halving could further impact...
Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles
18.4.2024
In a note to clients, Goldman Sachs, the world's largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.
The post Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles appeared first...
Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants
18.4.2024
Supported by HashKey and Kraken Ventures, Nibiru Chain's new $15 million grant program intends to offer financial resources to developers, with a focus on the Asian market.
The post Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants appeared first on Cryptonews
Tether Restructures with New Divisions Beyond Stablecoin Development
18.4.2024
This strategic move by Tether includes the introduction of four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu.
The post Tether Restructures with New Divisions Beyond Stablecoin Development appeared first on Cryptonews
BEFE coin: Driving innovation in Blockchain technology
18.4.2024
The blockchain space is the fastest-growing financial sector globally, and the major reason for this is the adoption of technology to carry out every form of activity in the space. Technology is known to undergo advancements, the same way the blockchain sector keeps advancing as innovative projects...
Discover World Chain, a human-friendly blockchain
18.4.2024
Worldcoin announces the launch of World Chain, a new human-centric blockchain. It will be accessible to all, and verified users will be granted gas allowances for casual transactions and precedence block space over bots. World Chain-powered applications that function as utility applications...
Arkansas State House Passes Bills for Potential Crypto Mining Restrictions
18.4.2024
The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state, while six other proposals failed to garner enough votes for advancement.
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Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody's
18.4.2024
There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said
Transaction Fees Soar on Bitcoin Network as Network Braces for Halving
18.4.2024
According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending...
Navigating the landscape of trustless bridges on Polkadot
18.4.2024
Polkadot is no different from any other Web3 protocol that genuinely aspires to be interoperable when creating and implementing bridges to external networks. In the ever-expanding ecosystem of blockchain interoperability, trustless bridges play a pivotal role in facilitating seamless communication...
EY unveils OpsChain for secure deals on Ethereum
18.4.2024
During the yearly Global Blockchain Summit, EY presented its current innovation, the EY OpsChain Contract Manager (OCM). This cutting-edge system applies blockchain technology to revolutionize the way agreements are concluded. It assures privacy, increases efficiency, and reduces costs while...
Protocol Village: Safe, for 'Smart Accounts,' Completes Acquisition of Crypto Business Wallet Multis
18.4.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24
Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55%
18.4.2024
OMNI token experienced a drastic decline of over 55% within hours of the airdrop, while a fake OMNI token rug pulled nearly $400,000.
The post Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55% appeared first on Cryptonews