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Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders
9.11.2021
The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates...
Long-Term Bitcoin Holders Continuing the Trend: Kraken Reports
1.11.2021
Kraken recently released its Shocktober report, revealing major information about Bitcoin. The report states that most BTC miners still maintain their original holdings even under adverse conditions. The one-year received supply of Bitcoin shows a granular view of long-term hold supply....
Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report
29.10.2021
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits...
Shiba Inu Soars Knocking Dogecoin Down a Notch — 20 Holders Own 75% of the SHIB Supply
28.10.2021
The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion. Meanwhile, the concentration of shiba inu whales is still...
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year
26.10.2021
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the...
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
Major Turkish Crypto Exchange Coinzo Shuts Down
12.10.2021
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s...
North Korea Is Targeting Crypto Users with Spear-Phishing Attacks, Says UN
6.10.2021
nce that Pyongyang-linked hackers and state-sponsored crypto thieves are “primarily using social media platforms to identify targets and attempt initial contact” with crypto holders.Rather than spamming a broad range of targets with generic emails that invariably end up in junk folders, the U
Six XRP Token Holders to Speak in Ripple-SEC Case as Circle Gets Subpoena
5.10.2021
blank" rel="noopener noreferrer" href="https://cryptonews.com/coins/usd-coin/">USD coin (USDC), with a subpoena.In the Ripple-SEC case, which revolves around the assertion that executives knowingly sold an unregistered security, XRP holders have been attempting to insert themselves into t
Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token
29.9.2021
In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting...
OKEx and Huobi Tokens Try to Recover as Chinese Ban Takes Effect
28.9.2021
cryptonews.com/coins/huobi-token/">huobi token (HT) saw a slight rise of 0.2% for the past 24 hours, trading at USD 7.82. It registered a more than 12% daily jump earlier today. The gain comes after what has been a tough week for HT holders, with the token falling more than 33% over the past sev
Crypto Carnage Awaits 2.2M S Korean Account Holders On Friday
23.9.2021
rel="noopener noreferrer" href="https://www.donga.com/news/article/all/20210922/109352590/1">Per Donga and Maeil Kyungjae, the Financial Services Commission (FSC) and the Financial Supe
Celebrity Endorsement Weighs Heavily for US Crypto Investors – Survey
23.9.2021
-celebrity/">said they would buy a particular cryptoasset if a celebrity endorsed it. This figure is compared to just 20% of the respondents who identified as investors in general – including crypto holders – saying the same.The high number of crypto holders who said they would follow a c
25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70
15.9.2021
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future....
Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix
14.9.2021
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. Solana’s Network Stalls In recent...
FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
14.9.2021
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders of locally used “kimchi”...
Drops Allows NFT Holders and DeFi Traders Consistent Returns on Digital Assets Holdings
9.9.2021
etting involved with NFTs by issuing their own unique versions.Many industry experts are now recommending that investors consider gaining exposure to the non-fungible tokens space. NFT and DeFi asset holders who have already acquired NFTs might now be looking for ways to put their parked asse
Gaming Token ‘Adventure Gold’ Listed Amid ‘Loot’ NFT Buzz
7.9.2021
">OKEx.Designed as a game token for future Loot-related games, the Adventure Gold token was airdropped to Loot NFT holders, with each Loot NFT giving the owner the right to claim 10,000 AGLD. And with a token price at press time (14:52 UTC) of USD 2.95, the airdrop was worth at least a ha
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
2.9.2021
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...
Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance
1.9.2021
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers...