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El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
5.5.2023
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for...
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
4.5.2023
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project
Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet
4.5.2023
The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet
Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
4.5.2023
The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users
Consensus 2023: Businesses show interest in Web3, despite US regulatory challenges
4.5.2023
Despite negative sentiment toward crypto adoption in the United States, Consensus 2023 attracted thousands of attendees to discuss the potential of blockchain technology and cryptocurrency
Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day
4.5.2023
The price of the DEX’s native chr token jumped 25% in 24 hours
Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
4.5.2023
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Tokens' and 'TruthGPT Coin'
3.5.2023
According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin"
Curve Finance Deploys Native Stablecoin on Mainnet
3.5.2023
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin
Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized
3.5.2023
The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.
In a Tuesday press release, the US Justice Department said the operation, started in 2021, spanned across the United States, Europe,...
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
3.5.2023
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
3.5.2023
Over $8 million in fees have been paid to the network by inscription creators since their inception
UK government targets fraudsters with new ban on cold calls for crypto
3.5.2023
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing."
Crypto.com Unveils Amy: An AI-Powered Companion for Crypto Enthusiasts
2.5.2023
This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge platforms such as Openai’s Chatgpt 3.5, Chatgpt 4.0, DALL-E, Stable Diffusion, and other innovative tools like Midjourney and Google’s Bard taking...
Interest rate hike speculation triggers outflows from crypto investment products: Report
2.5.2023
According to CoinShares, digital asset investment products saw outflows totaling $72 million last week, as investors brace for the Fed's forthcoming rate decision on May 3
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
2.5.2023
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half...
Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability
2.5.2023
The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said
Crypto.com introduces Amy, an AI-powered crypto user companion
2.5.2023
Crypto.com recently made waves across the crypto industry with its latest innovation. The platform, with 80 million global customers, just introduced its first-ever AI-powered companion. Named Amy, the Artificial Intelligence companion will help users learn more about the crypto industry. It will...