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UK Tax Authority Proposes Legislative Change to Treatment of DeFi Lending, Staking
27.4.2023
The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said
AAVE investors becoming early adopters of Sparklo
27.4.2023
It is no longer a myth in the crypto community that making it in crypto is largely tied to being an early adopter. As a result, purchasing presales guarantees early access to projects, which in turn means more profits. With this in mind, AAVE investors participate in Sparklo (SPRK) presales even...
Utah DAO Act: How the law was made and what it means for decentralized business
27.4.2023
How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way
Router Protocol integrates Circle’s CCTP under a partnership
27.4.2023
Router Protocol and Circle have entered into a partnership. The same has been announced by Router Protocol, informing the community that it has successfully integrated CCTP into its decentralized application, Voyager. The dApp hails as the flagship cross-chain solution in the ecosystem of Router...
French Crypto Traders Declared $442 Million Worth of Profits in Recent Tax Year – Here's the Latest
27.4.2023
French taxpayers declared some $442 million worth of crypto trading profits in the most recent tax year, per the nation’s tax body.
Per Le Figaro, the figure was “substantial,” but was “10 times lower than the estimates of the gains made in 2021.”
The body made its claim based on the number...
Neobank introduces soulbound NFTs for wallet holders’ KYC information
27.4.2023
The small New York-based neobank is seeking to improve crypto users’ experience by melding Web3 features and digital banking
Sustainable Bitcoin Protocol Piloting a Waste Gas Methodology With Miner Crusoe Energy
27.4.2023
Crypto miners, like Crusoe, use gas that would otherwise be wasted and minimize methane emissions
Bahamas Securities Commission Unveils Draft Digital Assets Act in Response to FTX Scandal – Here's the Latest
27.4.2023
The securities regulator in the Bahamas has unveiled a new piece of draft regulation developed as a response to the collapse of the Bahamas-based crypto exchange FTX.
The new bill, titled the Digital Assets and Registered Exchanges (DARE) Bill 2023, is an update to the original DARE Act of 2020....
Ethereum Price Prediction as Huge Volatility Comes In – Here's Where ETH is Heading Now
27.4.2023
The Ethereum price has dropped to $1,886 today, making for a 1.5% fall in the past 24 hours as the cryptocurrency market as a whole also dips slightly.
ETH has now declined by 2.5% in the past week, although it remains up by 10% in the last 30 days and by 57% since the start of the year....
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Apple likely to remove Bitcoin White Paper in macOS update
27.4.2023
The mysterious Satoshi Nakamoto drafted the Bitcoin White Paper. It laid down the working mechanism of the digital token to act as a currency. The document never made it to the public following the surprised disappearance of Satoshi from the internet until it was later found in the Apple Computers...
‘Tokenization Is the Killer App for TradFi’: JPMorgan
27.4.2023
The head of the bank's Onyx Digital Assets platform, Tyrone Lobban said there is added caution post-FTX, but JPMorgan’s strategy hasn’t at all changed
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
27.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
PancakeSwap DAO Votes For “Aggressive Reduction” of CAKE Token Inflation
27.4.2023
A vote, which is supposed to end Friday, has seen 70% of the community vote in favor of reducing block rewards drastically over the next few months
Sushi Swap is all set to incorporate Findora on Sushi v3
27.4.2023
Sushi Swap is extremely pleased to come out with their declaration of being ready to incorporate Findora on Sushi v3. It will be positioned conventionally on their network. This will help push Findora within the DeFi arena and provide their dApps with connectivity to fresh and deep liquidity pools....
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
27.4.2023
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder
Bitcoin advocate cracks known 12-word seed phrase in minutes
27.4.2023
If the words of a 12-word seed phrase are known, it’s deceptively easy to enter the wallet and sweep the funds
Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token
27.4.2023
Volume on the Stargate cross-chain bridge has surged by 30% in the past 24-hours as investors attempt to meet the criteria for a rumored LayerZero airdrop
Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
27.4.2023
The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, hinting at a strong inverse relationship
Iskra Ranks #1 on Dapp Radar Setting the Pace for World of Win’s IGO
27.4.2023
PRESS RELEASE. Web3 game company Iskra unveils the release of its own launchpad for games, the Iskra Launchpad, with World of Win set to be the first project to conduct its initial game offering (IGO) on the platform. The release of the Iskra Launchpad comes right after Iskra dominated the number...