Search
Crypto tumbles as inflation fears resurface: “Macro Boogieman” haunts bull market
15.3.2024
The US is in its election year, but the inflation fears refuse to leave. The previous speculation was that the country would soon bring inflation under control to match the acceptable margin of 2%. It had to happen before the first half of 2024 to allow the Federal Reserve to start cutting rates....
Dogwifhat (WIF) has a market capitalization of $3.2 billion
15.3.2024
The cryptocurrency Dogwifhat (WIF), which has been influenced by a dog, has a market capitalization of $3.2 billion. This may be due to increased market traction. In the words of the Founder and CEO of Real Vision Group, Raoul Pal, he is simply a part owner to the extent of 2% of...
Avalanche Foundation announces its first five community coin holdings
15.3.2024
The Avalanche Foundation made public its plan to buy community coins that are part of the Avalanche blockchain network towards the end of 2023. This continuous endeavor is part of the Foundation’s larger Culture Catalyst program, which aims to support the growth of Web3 producers, stimulate...
KuCoin announces the pre-market launch of Wormhole $W Token
15.3.2024
KuCoin recently announced the pre-market launch of the Wormhole $W token. Users can now start pre-market trading of the token on KuCoin. The string of tweets by KuCoin talked about how the launch will help the platform become a Web3 powerhouse. The tweet read that Wormhole is an open-source...
El Salvador Woos Global Investors: 0% Income Tax!
14.3.2024
In a bold step, El Salvador has introduced innovative measures that attract foreign investments by canceling pay taxes on world investments. The 0% rate for these funds means they will not be liable to pay any taxes, as opposed to the general 30%, and is seen as a big step in making the country...
Indonesia’s OJK releases amended regulations for crypto
14.3.2024
The financial services regulator of Indonesia, the Financial Services Authority (OJK), has released a fresh set of regulations for the crypto industry. This is pertaining to the execution of technological inventiveness within the financial arena and will come into effect from January 2025. This...
Bakkt Holdings under NYSE’s lens for share price listing breach
14.3.2024
Bakkt Holdings, Inc. (NYSE: BKKT), a company known for developing solutions that help businesses expand alongside the crypto economy, was warned today by the New York Stock Exchange (the “NYSE”) that it has failed to comply with Section 802.01C of the NYSE Listed Company Manual. As...
Joe Biden’s budget plan covers a mining tax and crypto wash trading
14.3.2024
An excise tax on cryptocurrency mining has been proposed by the administration of US President Joe Biden in an effort to reduce energy consumption and promote a more environmentally sustainable policy in response to the expansion of digital asset mining. An organization that leases or possesses...
SEBI Chairperson proposes rapid settlement to compete with crypto
14.3.2024
SEBI, which is the Securities and Exchange Board of India, has maintained its distance from the cryptosphere. SEBI is skeptical about how things would roll out if cryptos were legalized or the market was allowed to move freely in the country. A portion where it remains undeterred is with...
Koinly and NEAR join forces to take the pain out of crypto tax
14.3.2024
Koinly recently announced a partnership with NEAR Protocol. The announcement was made on the official X account of Koinly. The recent partnership is aimed at simplifying the tax process for global crypto use. The tweet by Koinly sheds some light on how it will be done: Seamless Integration: Users...
Riot Platforms & Reformed Energy seek to redefine Bitcoin mining energy
14.3.2024
Riot Platforms has partnered with Reformed Energy in an innovative effort to establish a new standard for sustainable energy solutions utilized in the Bitcoin mining industry. The eventual goal of this strategic alliance is to capitalize on Reformed Energy’s unique plasma gasification...
Is your data safe when making payments using cryptocurrency?
14.3.2024
Is your data safe when making payments using cryptocurrency?Crypto payments provide decentralized and worldwide platforms. Hence, anybody with an internet connection may engage in cross-border transactions. This accessibility is especially helpful for those economically isolated or living in areas...
Token.com Introduces New Online Tools To Interact With Cryptocurrencies
13.3.2024
Token.com is a crypto investment platform that recently became the first social investment app and website to introduce new online crypto tools, allowing users to interact with various token projects on the platform. Token projects are cryptocurrencies on Token.com, introduced via token cards that...
COPA vs Wright: What’s at Stake as Satoshi’s Identity Trial Ends?
13.3.2024
Craig Wright, an Australian national, stepped forward in 2016 and claimed to be the progenitor of Bitcoin, Satoshi Nakamoto. In an effort to establish his identity, he presented the BBC with evidence in the form of cryptographic keys. The controversial keys were associated with the identical blocks...
Exploring the mechanisms of Proof of Work (PoW) in blockchain-based crypto games
13.3.2024
Proof of Work (PoW) serves as a consensus mechanism within blockchain technology, ensuring the validation and confirmation of transactions while facilitating the creation of new blocks. In PoW, miners, the participants in this process, solve intricate mathematical puzzles to add new transaction...
South Korea suggests crypto management system to fight tax fraud
12.3.2024
South Korea is preparing and implementing robust measures to combat tax evasion associated with virtual assets. The National Tax Service of South Korea has designated GTIC for the integrated management system (ISP) of virtual assets in an effort to prevent tax evasion. With big measures being...
ADA targets $1, NEAR surpasses $7, and ETH leads the rally
12.3.2024
The crypto market has undergone dramatic movements recently that have shone a light on Cardano (ADA) and NEAR Protocol (NEAR) as they are riding on the bullish trend; Ethereum (ETH), on the other hand, follows the altcoin market and leads the pack in terms of the overall gains. Looking at...
Meme token speculation raises on-chain fees to record highs
12.3.2024
Speculation on meme tokens is escalating dramatically on the cryptocurrency market, influencing on-chain activity and transaction fees. This week, we delve into the performance of meme tokens and their impact on the blockchain ecosystem. Furthermore, how the anticipated Dencun upgrade will assist...
DCG and Barry Silbert file motions to dismiss civil lawsuit by NYAG
7.3.2024
DCG, an acronym for Digital Currency Group, shared the news of filing a motion to dismiss a civil lawsuit against Gemini, Genesis, and DCG. The New York Attorney General filed the lawsuit, alleging that DCG borrowed roughly 18k BTC from Genesis after Three Arrow Capital defaulted on its loans....
Fetch.ai introduces Fetch Compute, its new $100 million project
7.3.2024
Fetch.ai recently announced advanced GPUs after a $100 million infrastructure investment. Titled Fetch Compute, the project will secure the expansion of the training capabilities and tools available to developers and users. The project has been designed to elevate users’ ability to develop advanced...