Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
South Korea Wants to Tax NFTs
Reading Time: < 1 minuteThe financial regulator of South Korea has announced it is exploring the possibility of taxing non-fungible token (NFT) transactions.
Art Wars Collection is Sold as NFTs for Almost $7M Without Artists Consent
Reading Time: < 1 minuteThe artists who created the Star Wars stormtrooper helmets in the form of art objects are preparing to file a lawsuit against the organizer of an NFT project.
US Banking Regulators Will Prepare a Crypto Guide in 2022
Reading Time: < 1 minuteThe Fed, the FDIC and the OCC under the US Treasury Department have identified a number of areas related to digital asset regulation that require further clarification.
Alkimi Exchange Opens Staking Pool on Lattice Exchange
Reading Time: 2 minutesAlkimi exchange has just announced that its Staking Pool will open on Lattice Exchange tomorrow, November 24.
Flare Teams Up with Rival to Become Their Preferred NFT & DAO Token Platform
Reading Time: < 1 minuteBlockchain company Flare has joined forces with eSports, gaming and fan engagement enterprise platform Rival to become their preferred NFT & DAO token platform.
Crypto Platform Nexo Lists MATIC (Polygon)
Reading Time: 2 minutesCryptocurrency platform Nexo has just announced that it is listing MATIC, the Polygon project native token.
Andreessen Horowitz Helps DJ 3LAU’s NFT Platform Raise $55M
Reading Time: < 1 minuteNFT music platform Royal has recently completed a $55 million Series A funding round led by venture capital firm Andreessen Horowitz.
Fidelity, UBS and State Street May Launch Crypto Products
Reading Time: < 1 minuteFidelity, UBS and State Street are exploring the possibility of launching digital asset investment-focused products in the future.
IMF Says El Salvador Should Not Have Legalized BTC as Legal Tender
Reading Time: < 1 minuteThe International Monetary Fund (IMF) has criticized once again the decision made by the authorities of Latin American country El Salvador to recognize Bitcoin as an official currency.
Animoca Brands’ NFTs Platform Quidd Raises $5 Million
Reading Time: < 1 minuteThe platform has just raised $5 million through the private sale, presale and IDO of the QUIDD token.
Three Arrows Capital CEO Criticizes Ethereum and Says Crypto is a “Dystopia”
Reading Time: < 1 minuteThe CEO of Singapore-based venture capital fund Three Arrows Capital (3AC), Su Zhu, has criticized Ethereum for its high fees.
Australian Senator Believes DeFi is a Great Opportunity for the Country
Reading Time: < 1 minuteDecentralized finance (DeFi) offers Australia an excellent opportunity to establish itself as a leader in innovation and economic progress.
TIME Magazine Will Keep ETH on its Balance Sheet
Reading Time: < 1 minuteTIME magazine will hold Ethereum (ETH) on its balance sheet for the first time ever as part of a joint educational program on the metaverse with Mike Novogratz’s crypto trading bank Galaxy Digital Holdings.
Crypto Miner PrimeBlock Will Go Public on Nasdaq Through SPAC Deal
Reading Time: < 1 minuteCryptocurrency mining and infrastraucture company Prime Blockchain (PrimeBlock) is negotiating a merger with SPAC 10X Capital Venture Acquisition Corp. II.
Celer’s cBridge Exceeds $1B in Transaction Volume in Just 4 Months
Reading Time: < 1 minutecBridge has recently announced that its total cross-chain transaction volume and assets bridged have surpassed$1B.
Glassnode Analysts Say There Are No Signs of Panic in Whales Amid Bitcoin Crash
Reading Time: < 1 minuteThe about 20% correction in the price of the leading crypto has not pushed long-term investors to massive sales.
US Government Will Replenish Budget Through Crypto Confiscations in 2022
Reading Time: < 1 minuteThe US Internal Revenue Service (IRS) plans to recover billions of dollars worth of cryptos in delinquent cases next year.
Osprey Funds Launches an Actively Managed NFT Investment Fund
Reading Time: < 1 minuteDigital asset manager Osprey Funds has plans to launch an institutional-oriented fund for investments in the non-fungible token (NFT) segment in early 2022.
50% of Users Providing Liquidity on Uniswap V3 Suffer Losses
Reading Time: < 1 minuteAccording to an analysis conducted by Bancor and advisory company Topaze.blue, about half of users providing liquidity to Uniswap V3 are losing money when compared to hodling.
NEAR Activates Sharding in its Protocol
Reading Time: < 1 minuteThe protocol team has launched Simple Nightshade as the first step towards a fully sharded and scalable blockchain.
OpenSea to Reach $10B Valuation After New Investment Round
Reading Time: < 1 minuteThe estimates are based on the explosive growth in trading volumes on the platform.
Avalanche Renews All-time Highs Above $110
Reading Time: < 1 minuteThe native token of the Avalanche blockchain renewed its all-time high above $110 yesterday despite an overall market correction.
Fidelity Receives Green Light to Work in Canada as Bitcoin Custodian
Reading Time: < 1 minuteThe IIROC has recently allowed Fidelity Investments to launch an institution-focused Bitcoin trading and custodian platform in the country.
US Senator Proposes to Exclude Crypto Brokers from Infrastructure Plan
Reading Time: < 1 minuteA US senator has introduced a bill that seeks to repeal a provision of the infrastructure plan.
Mining Company Marathon Shares Drop After SEC Initiates Investigation
Reading Time: < 1 minuteMarathon, a mining company listed on the US stock exchange Nasdaq, has announced it is being investigated by the US Securities and Exchange Commission (SEC).
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