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Crypto Tax Proposed by Lawmakers to Fund EU Budget
24.1.2023
Taxing capital gains, mining or crypto transactions are all being examined to fund the bloc’s $185 billion annual spending
Brazil and Argentina to Start Working on Creation of Latam Common Currency
24.1.2023
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina...
EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto
24.1.2023
The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms
10+ Best Tools & Resources for Web Designers in 2023
24.1.2023
This article highlights the top tools and resources for web designers in 2023 to help improve productivity
DeFi Protocol Sushi Passes Two Governance Votes to Strengthen Treasury
24.1.2023
The separate proposals passed in the past two days by Sushi community voters are part of a broader plan to ensure the project’s longevity
Bitcoin Breakout Has Opened Doors to $25K: Analysts
24.1.2023
Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network
24.1.2023
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while...
Swapping More Than $157M of ETH for stETH and Levering Up, the Wormhole Network Exploiter Is a DeFi Degen
24.1.2023
Data sourced from Etherscan indicates that the exploiter first swapped 95,360 ETH worth roughly $157 million on DeFi Aggregator OpenOcean and then transacted smaller amounts capital through several decentralized finance (DeFi) protocols such as Kyber Network and 1Inch
Bitcoin Jumps to $23K, Looks Bullish as Miner Sales Hit Three-Year Low
24.1.2023
Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said in a Tuesday note
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
24.1.2023
The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially...
Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares
24.1.2023
The private bank is partnering with digital assets firm Taurus to issue and manage its tokenized shares
Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022
24.1.2023
Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
24.1.2023
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity...
First Mover Asia: Ether Prices Fall Relative to Bitcoin
24.1.2023
The ETH/BTC currency pair has declined 8% since Jan 11, as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading
NFT Management Application Floor Acquires Data Platform WGMI.io
24.1.2023
The move will make the Floor user experience more expansive by showcasing data to help educate traders
Ether Turns Deflationary Again Led by Spike in NFT Sales
24.1.2023
Nearly one-fourth of ether burned stems from NFT trades over the past seven days, according to data from ultrasound.money
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says
24.1.2023
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto...
Porsche NFT Collection Fails to Gain Traction As Mint Kicks Into Gear
24.1.2023
The floor price of the collection on the secondary market fell below its minting price of 0.911 ETH in the hours after it opened to the public
FBI: North Korean Hackers Behind $100 Million Horizon Bridge Theft
24.1.2023
A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
24.1.2023
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for returning the old notes, the central bank insists...