Klaytn network’s KLAY is up more than 30% to $0.2055, making it one of the best-performing digital assets this week, according to CryptoSlate data. Proposal to reduce block rewards Klaytn Governance Council (GC)has approved a proposal to reduce the network’s block rewards because of the current market situation. GC Proposal Vote Results: PASS 👥 26 of …
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Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto exchange to bolster its operations on the continent. Working With Regulators The Africa-focused cryptocurrency exchange platform, Yellow …
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British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current economic woes are the result of a poorly negotiated Brexit …
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business. Violation of the Bank Secrecy Act The United States Department …
press release PRESS RELEASE. 25 October 2022: Today, the formation of a new entertainment PLC EMERGENT ENTERTAINMENT is announced. Emergent Entertainment officially merges London-based video game studio Maze Theory with blockchain veterans and developers Pluto Digital PLC, following a successful joint venture between the two companies (Emergent Games) earlier this year. Emergent Entertainment is a …
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain …
Since sometime in September, after BABY DOGE/USDT price action broke down the 61.80 Fibonacci level. Price movements have been largely ranging between price levels 1.38e […] Go to Source
Lucky Block: October 25th, 2022 From one technical indicator to another, signs of LBLOCK price rising higher keeps showing up. Price action has experienced a […] Go to Source
Best play to earn crypto games in 2022 The Dawn of NFT Gaming The most important thing that blockchain technology can do for the gaming […] Go to Source
Ethereum’s price seems to be ready to break the $1400 price level. However, when things started shaping up it looks as if selling pressure has […] Go to Source
A popular crypto analyst who called the May 2021 Bitcoin (BTC) collapse thinks an explosive rally for the king crypto is on the horizon. The pseudonymous trader known as Dave the Wave shares a chart with his 128,000 Twitter followers that shows Bitcoin beginning a move upwards starting next month and surging to the $25,000 …
The Bank for International Settlements (BIS), the Hong Kong Monetary Authority and the United Nations Climate Change Global Innovation Hub presented the results of their “Genesis 2.0” initiative. The project aims to explore the use of blockchain, smart contracts and the internet of things (IoT) for a global environment cause. The project resulted in two …
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No matter how much attention the United States Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission gets in the crypto industry, for individual traders and investors, it often comes down to the Internal Revenue Service’s (IRS) position — and how much tax one owes. Last week, the IRS last week released a draft …
Continue reading “A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24”
Blockchain tech firm Laguna Labs has launched a testnet for its in-development “flatcoin” — a spin-off of stablecoin tokens — pegged to the cost of living rather than a fiat currency or a commodity. In an Oct. 24 announcement, Laguna Labs said that the Nuon flatcoin is unlike tokens tied to fiat currencies, such as …
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The CEO of venture capital firm Hashed and early Terra investor Kim Seo-joon has cited “extreme stress” following the Terra crash as the reason for his no-show at South Korea’s National Assembly’s Political Affairs Committee. Seo-joon was one of six people selected to take part in the South Korean parliament’s latest inquiry to better understand …
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