The Cardano Vasil Hard Fork is ready to go live today. All key metrics and indicators that will play an instrumental role in triggering the Vasil upgrade deployment have now been met, indicating a smooth upgrade rollout in less than 24 hours. The Cardano ecosystem is ready to embrace its highly anticipated Vasil hard fork …
Monthly archives: September 2022
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
South Korean authorities have seized approximately $185 million worth of digital assets from tax delinquents since 2021, Yonhap news agency reported on Sept. 22. In the second half of 2020, tax authorities implemented a system of seizing the virtual assets of tax delinquents to pressure them to pay taxes. The authorities seized the delinquents’ accounts …
Continue reading “Korean tax authorities seize $185M worth of crypto from tax evaders since 2021”
Lebanese people turn to crypto, decentralization as banks close down indefinitely
The Association of Banks in Lebanon (ABL) announced an indefinite closure of all banks in the country on Sept. 22, as depositors are becoming aggressive about withdrawing their funds. Meanwhile, young Lebanese people are turning to crypto to escape the financial crisis, which has been driving adoption higher since 2021. Due to the economic crisis, …
Continue reading “Lebanese people turn to crypto, decentralization as banks close down indefinitely”
CryptoSlate Daily wMarket Update – Sept. 21: Top 10 tumble after Fed rate hike, XRP bucks trend
The total cryptocurrency market cap saw net outflows totaling $10.1 billion. As of press time, it stood at $907.37 billion, down 0.93% over the last 24 hours. Bitcoin’s market cap fell 0.71% over the reporting period to $359.74 billion from $365.11 billion. Meanwhile, Ethereum’s market cap was also down 4.56% to $155.88 billion from $164.03 …
Japan’s Nomura Holdings to launch new crypto-focused unit in Switzerland
Japan-based investment bank Nomura Holdings is launching a new crypto unit in Switzerland called Laser Digital. Nomura’s head of trading and investment Steven Ashley will step down from his current role to serve as Laser Digital’s chairman, while Nomura’s head of crypto Jaz Mohideen will serve as the unit’s CEO. Christopher Willcox, former head of …
Continue reading “Japan’s Nomura Holdings to launch new crypto-focused unit in Switzerland”
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens to other travelers up to three days before the applicable …
Continue reading “Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance”
Hong Kong to Start Testing Digital Currency in Coming Months
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including the People’s Republic with its digital yuan project. Trials of …
Continue reading “Hong Kong to Start Testing Digital Currency in Coming Months”
Binance Founder CZ Announces Romanian Office as Part of Regional Expansion
Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe. Binance to Launch Romanian-Language Support This Fall, Exchange CEO Unveils in Bucharest …
Continue reading “Binance Founder CZ Announces Romanian Office as Part of Regional Expansion”
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation …
Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event
press release PRESS RELEASE. Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io. The TGE is scheduled for Thursday, September 29, 2022, at 9:00 am UTC. This TGE is one of …
On-Chain Analysis: how to become an expert and achieve high profitability
Blockchain instruments do not resemble in any way traditional assets like equities, bonds, real estate, or other cash equivalents. Therefore, comprehending the change in market behavior is a problem that cannot be approached using the same analytical techniques as for traditional assets. We require a new type of study that condenses data from the open …
Continue reading “On-Chain Analysis: how to become an expert and achieve high profitability”
Shark Tank’s Kevin O’Leary Says One Factor Will Determine Bitcoin and Crypto Market Direction
Shark Tank celebrity investor Kevin O’Leary reportedly says that policies will impact investments in the digital asset space as he shares his optimism that US policymakers will be supportive of crypto. Benzinga reports that O’Leary anticipates upcoming policies to have a positive stance for stablecoins because this will be bullish for both the US dollar …
How Bitcoin ATMs in Greece fare during a record-breaking tourist season
Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP. This year, the country faced a record number of travelers during its summer tourism season. In …
Continue reading “How Bitcoin ATMs in Greece fare during a record-breaking tourist season”
Tribe DAO votes in favor of repaying victims of $80M Rari hack
After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital’s liquidity pools. Following several rounds of voting and governance proposals, Tribe DAO, which consists of Midas Capital, Rari Capital, Fei Protocol and Volt Protocol, took the decision to …
Continue reading “Tribe DAO votes in favor of repaying victims of $80M Rari hack”
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist
The sanctions on cryptocurrency mixer Tornado Cash has left a vacuum for illicit fund mixing services, but more time is needed before we’ll know the full impact, according to Chainalysis’ chief scientist. During a demo of Chainalysis’ recently launched blockchain analysis platform Storyline, Cointelegraph asked Chainalysis chief scientist Jacon Illum and country manager for Australia …