Search
OECD Presents Crypto Tax Reporting Framework
11.10.2022
The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.
According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...
EasyFi Partners With Voyager for 3-Way Multichain EZ Bridge
11.10.2022
EasyFi announced a partnership with Voyager to launch its latest 3-Way Multichain Bridge. The bridge will facilitate quick EZ token transfer across Ethereum, Avalanche, and BNBChain. This is the first service, and utility EasyFi has added to Avalanche since its platform launch. The development...
BNB Chain Back Online Following $568 Million Exploit
10.10.2022
BNB Chain, the native blockchain behind the Binance crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
On October 6, Binance announced the suspension of deposits and withdrawals from its BNB chain after it identified...
Founder of Huobi Crypto Exchange Sells Stake in Company
10.10.2022
Huobi founder and controlling shareholder Leon Li Lin will sell its entire stake in the Seychelles-based crypto exchange to About Capital Management, a Hong Kong-based assets management company.
According to an October 8 blog post, the buyout vehicle of About Capital will control the majority...
Computer Graphics Card Prices Fall by Nearly 60% Following Ethereum Merge
10.10.2022
The Ethereum Merge blockchain upgrade which transformed the blockchain into a Proof-of-Stake consensus system has triggered a steep, nearly 60% drop in the prices of graphics processing units (GPUs), with Chinese sellers reporting the gear’s prices have reached their “lowest level ever”....
Read...
India's Central Bank Plans to Launch Digital Rupee CBDC
9.10.2022
The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC).
The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
8.10.2022
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.
The organization announced the news in a Friday tweet, noting that they...
Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
8.10.2022
Payments giant Visa and crypto exchange FTX have inked a partnership to allow crypto holders from 40 countries to spend their digital assets when shopping. ...
Read More: Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
Bankrupt Celsius Court Documents Reveal Customer Details
7.10.2022
In another installment of the legal woes of bankrupt crypto lender Celsius Network, court documents submitted as part of the case have been released for public access along with the personal data of thousands of the company’s customers....
Read More: Bankrupt Celsius Court Documents Reveal Customer...
Grayscale Investments Announces New Bitcoin Mining Venture
7.10.2022
Grayscale Investments, the world's largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments. ...
Read More: Grayscale Investments Announces New Bitcoin...
The Tie Broadens On-Chain Data Support for Avalanche
7.10.2022
By fully concentrating and focusing on the significant issues of chain metrics related to its C-Chain and subnets, The Tie, which is the absolute top-of-the-ladder information services provider in the field of digital assets, has successfully and effectively brought to the forefront all possible...
Binance BNB Chain Impacted By Potential $566 Million Exploit
7.10.2022
Major crypto exchange Binance has decided to temporarily freeze the activities of its blockchain, BNB Chain, after hackers exploited a bug to steal millions worth of crypto.
“Due to irregular activity we’re temporarily pausing BSC,” BNB Chain said in a tweet, before announcing that Binance Smart...
FilSwan Collaborates With Chainlink to Secure Oracle Services
7.10.2022
FilSwan, contract-based multi-chain storage, announced its recent integration with Chainlink, the leading decentralized Oracle network. This collaboration enables FilSwan to access top-notch real-time market rates. FinSwan is popular for offering decentralized Oracle storage, computing, and secure...
Bear Market May Last Another '12 to 18 Months' Says Solana Co-Founder
7.10.2022
Anatoly Yakovenko, co-founder of Solana Labs, believes that the current crypto bear market may last for another 12 to 18 months.
Speaking on the GM Podcast, the creator of the Solana blockchain attributed his expectation to the Fed rate hike influenced macroeconomic environment. He however...
GoldenTree Asset Management Reveals $5.3 Million Position in SushiSwap
6.10.2022
GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.
The U.S.-based asset management firm with approximately $50 billion in assets under management (AUM) said in a post on the SushiSwap community forum that...
European Council Passes MiCA Crypto Regulation – A Turning Point for Crypto Landscape
6.10.2022
The European Council on Wednesday passed the new MiCA crypto regulation, by many seen as a turning point for Europe’s crypto industry.
The new bill, with the full name Markets in Crypto-Assets (MiCA), has now been voted through the European Council, but still needs to pass an additional vote...
SEC Halts Crypto Ponzi Operation Targeting Latino Investors
6.10.2022
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action to stop an ongoing crypto Ponzi scheme targeting Latino investors.
According to an SEC press release, the scheme was being operated by defendants Mauricio Chavez and Giorgio Benvenuto through CryptoFX - a company...
QANplatform Collaborates With API3 to Integrate API3 Oracles
6.10.2022
QANplatform recently announced a partnership with API3 to integrate API3 Oracles. The collaboration will see the QANplatform integrate the protocol within its quantum-resistant smart contracts. As a quantum-resistant L1 hybrid blockchain, QANplatform helps enterprises and developers to build...
Here’s What Crypto Billionaire Sam Bankman-Fried Thinks About Markets – Have We Bottomed?
6.10.2022
While many industry observers ask themselves whether the crypto markets have reached their bottom level before they will rebound, Sam Bankman-Fried, the outspoken CEO and founder of major crypto exchange FTX, believes that the coming months could see crypto pegged to the general outlook for...
Russia Allows International Trade in Cryptocurrency for Any Industry
5.10.2022
The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions.
The Russian Ministry of Finance acknowledges the growing significance...