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Binance Expands Proof of Reserves Report with 11 New Tokens - Here Are the Coins That Were Added
8.3.2023
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion.
In a Tuesday blog post, the world's largest crypto exchange revealed that it has added MASK, ENJ, WRX, GRT,...
Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers
7.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams...
Binance adds 11 tokens to PoR, claims $63B in reserves
7.3.2023
The results have not been audited by any accounting firms
Thailand to offer tax breaks for investment token issuers
7.3.2023
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
7.3.2023
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal
7.3.2023
The fixed supply utility token will be locked for compliance usage
Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion
6.3.2023
Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.
According to a recent report by Israeli news outlet Ynetnews, Avraham Cohen and Anthony Pollack, the owners and operators...
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...
NFT Creators Investigated in Israel for Alleged Tax Evasion
6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
5.3.2023
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following...
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
4.3.2023
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...
Unity Gaming Engine Launches Blockchain and Web3 Integration Options
3.3.2023
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other...
Former NBA Player Baron Davis Says Celebs Will Focus More on 'Utility' Tokens
2.3.2023
Following the SEC’s crackdown on celebrity-endorsed projects, the serial entrepreneur says celebrities jumping into crypto are more likely to focus on their core fan group with a project that provides real utility and reward opportunities
New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?
2.3.2023
The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers....
Read More: New Crypto Startup Enables Users...
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
2.3.2023
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap
Fan Token Project Chiliz Sets Up $50M Incubator Backed by Jump Crypto
1.3.2023
Chiliz Labs will invest in early stage Web3 projects in sports and other entertainment sectors that will build on the layer 1 blockchain
Soulbound tokens power new identity solution on Celo blockchain
1.3.2023
Masa Finance announced its deployment on the Celo blockchain with its new “Prosperity Passport” identity solution for users
Klaytn Blockchain Will Focus on Increasing KLAY Token Demand in 2023
1.3.2023
Klaytn intends to establish KLAY as a deflationary asset and provide more tools for developers intending to launch products on the network
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
1.3.2023
Stacks’s STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month