South Korea to impose tax on virtual airdrops
South Korea Ministry of Strategy and Finance has made a new revelation about virtual Airdrops. The Ministry disclosed that Airdrops...
Month: August 2022
General Bytes Bitcoin ATM attacked
The server of a popular Bitcoin ATM maker, General Bytes, has been attacked. The firm confirmed the incident in its...
Ethereum (ETH) Could Get Hammered by Macro Conditions, According to Crypto Analyst – Here’s Why
A widely followed crypto analyst says that macro conditions could spell trouble for the leading smart contract platform Ethereum (ETH)....
CoinShares Executive Meltem Demirors Predicts What’s in Store for Bitcoin (BTC) and Ethereum (ETH) in Q3
A crypto investing veteran is offering insights on the road ahead for the two largest crypto assets by market cap....
Is Tron’s New Stablecoin the Next UST? Crypto Billionaire Justin Sun Makes Case for USDD
Tron founder Justin Sun is making the case for why Decentralized USD (USDD) is different than Terra’s failed decentralized UST...
South Korean financial majors want to create virtual assets exchange in 2023: Report
Samsung Securities is among seven large South Korean securities companies that have applied for government approval to create a virtual...
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion...
IBM’s WeaveSphere conference will focus on Web3 in November
IBM’s Center for Advance Studies (CAS) and Evoke’s joint technology conference WeaveSphere has adopted the motto “Evolving Technology for the Future”...
Ronin bridge Hackers used ChipMixer to launder over $73M of stolen funds
An on-chain investigation by SlowMists reveals that the privacy protocol ChipMixer was used by Ronin bridge hackers (the Lazarus Group)...
Big brands start seeing revenue from their NFT sales
The NFT craze of 2021 swept across almost every industry and made non-fungible tokens a household name across the globe,...
Digital asset market lost $1B in the week of Aug. 15
Digital asset investment products lost a total of $1 billion in small transactions of up to $9 million between Aug....
SWIFT considered ‘neutral’ on sanctions; debate sparked on whether Ethereum is the same
The Director of Research at Coin Center Peter Van Valkenburgh raised an interesting point on Monday when he tweeted a...
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro...
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers
press release SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new batch of title...
