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Polygon Labs obtains an ISO/IEC 27001:2022 (ISO 27000) license
16.4.2024
Polygon Labs has obtained the ISO/IEC 27001:2022 (ISO 27000) license, the external audit having been carried out by Schellman Compliance, an internationally known company. It speaks volumes regarding their commitment to world-standard information safety factors. The information security management...
Ethereum Suffers Most Hacks Among Blockchains in 2024
16.4.2024
Ethereum has emerged as the leading victim of blockchain hacks in 2024, with 33 reported incidents, according to a recent study.
The post Ethereum Suffers Most Hacks Among Blockchains in 2024 appeared first on Cryptonews
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility
16.4.2024
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday.
The post UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory...
South Korean ‘Crypto Tax Crackdown’ Moves to Another City
16.4.2024
The South Korean “crypto tax crackdown” continues its nationwide tour, moving on to the city of Yeongcheon in North Gyeongsang Province.
The post South Korean ‘Crypto Tax Crackdown’ Moves to Another City appeared first on Cryptonews
South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey
16.4.2024
Most young South Koreans are losing faith in the national pension system, a new survey has found – with many stating they see crypto and stocks as a better alternative.
The post South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey appeared first on Cryptonews
Senate Candidate John Deaton Calls Gary Gensler a “Bad Faith Regulator,” Voices Support For Coinbase in SEC Case
15.4.2024
John Deaton, the pro-crypto candidate running to win Seator Elizabeth Warren’s current senate seat, took to X Monday (formerly Twitter) to criticize United States Securities and Exchange Commission (SEC) chair Gary Gensler over the new Coinbase appeal, calling him a “bad faith regulator.” The...
UK Set To Launch New Crypto Staking And Stablecoin Legislation By July, Economic Secretary Bim Afolami Says
15.4.2024
The UK is set to introduce new crypto staking and stablecoin legislation by July, according to recent remarks by Economic Secretary Bim Afolami. Afolami previously hinted at the legislation in February as the current conservative-led government aims to introduce new regulation ahead of this year's...
AI titans launch token migration with $EFT to $ASI swap
15.4.2024
The Superintelligence consortium’s reserve currency is $EFT, but it will change its name to $ASI after successful government approval. Ocean Protocol, Fetch.ai, and SingularityNET will soon submit proposals to concerned government authorities. If the Artificial Superintelligence consortium gets...
Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football Club
15.4.2024
Winklevoss Capital, an investment firm founded by the twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack.
The post Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football...
Solana Releases Update to Address Network Congestion Issues
15.4.2024
Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems.
The post Solana Releases Update to Address Network Congestion Issues appeared first on Cryptonews
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
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VeChainThor blockchain leads the blockchain & tokenization space
15.4.2024
VeChainThor blockchain is leading the blockchain and tokenization space, a case in point being their tie-up with UFC, a global sporting company. Through this, VeChain attracted the attention of 900 million families and furthered its digital offerings throughout multiple media houses. The number...
IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year
15.4.2024
Guy Ficco, the IRS Criminal Investigation Chief, says the agency is prepared for a significant uptick in crypto-related tax evasion cases amid the tax filing season.
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Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform
15.4.2024
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.
The post Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform appeared first on Cryptonews
Beauty and Fashion Brands Use Web3 Technology To Better Engage With Consumers
13.4.2024
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation...
Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign
13.4.2024
John Deaton, a beacon of the crypto industry running for U.S. senate, is beginning to look like a legitimate threat to Elizabeth Warren's seat.
The post Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign appeared first on Cryptonews
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
12.4.2024
Prominent author of "Rich Dad, Poor Dad," Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other "Wall Street financial products."
The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared...
Craig Wright Drops Norwegian Defamation Appeal Over Satoshi Nakamoto Claims
12.4.2024
Craig Wright, an Australian computer scientist who claims to be bitcoin founder Satoshi Nakamoto, has dropped his appeal in a Norway defamation case against well-known X user Hodlonaut (a.k.a. A Marcus Granath), a statement posted to X Thursday by Bitcoiner alleges. News of Wright's failed appeal...
Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday
12.4.2024
The potential approval of Bitcoin and Ether ETFs in Hong Kong could occur as soon as Monday, with asset management firms like Harvest Fund Management anticipating the green light. Collaborating with Hong Kong Exchanges & Clearing Ltd, the Securities and Futures Commission seeks...