85% of DeFi users are riding the NFT wave, with US collectors leading the front

Non-fungible tokens (NFTs) have gained popularity over the last two months, according to DappRadar, a data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains, which attracted more than 500,000 users during July 2021. The company’s blockchain user behavior report revealed that 85% of DappRadar’s decentralized finance (DeFi) users have interacted with …

Lionel Messi bags crypto salary after move away from FC Barcelona

Thai SEC orders exchanges to delist Dogecoin, Shiba Inu, NFTs, and ‘fan’ tokens The Thailand Securities and Exchange Commission (SEC), the nation’s capital markets watchdog, banned the trading of memecoins like Dogecoin and Shiba Inu, non-fungible tokens (NFTs), and other unclear assets over the weekend. 2 min read → Go to Source

South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat

A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto traders that use offshore exchange platforms …

Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours

A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday and assured them it will make the necessary adjustments with regional …

FreeTON Unveils TON Swap 2.0

sponsored Broxus, a leading developer of the FreeTON project, has unveiled the second version of their FreeTON DEX, TON Swap. The update consists of a reworking of existing features, an expansion of functionality and available information and the addition of key new features. The FreeTON project has been busy this summer, expanding the offerings it …

The consequences of Bitcoin (BTC) issuance at zero are sooner than you think

It’s widely known that there will only ever be 21 million Bitcoin in existence. So what happens when all the Bitcoin has been mined? This is a hotly contested topic within the cryptocurrency community and one with no affirmative answers. But what is known for sure is that miners, who secure the network, will have …

$100 million in ETH burned days after EIP-1559 upgrade

Barely a week after implementing one of its cardinal upgrades, the Ethereum (ETH) network has burned over $100 million in fees. More than 32,000 Ethereum burned and forever removed from circulation contributed to the crypto’s last week’s rally. Why is Ethereum on fire The long-anticipated London hard fork, which included the EIP-1559 upgrade, a reductive …

Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures

The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider …

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago

Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed how things have been after three years, explaining …

Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill

U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto …

Cardano founder says the Tether fiction is over as ADA tears higher

A strong performance from Cardano this week puts its year-to-date gains at just under +1,000%. Analysts attribute this to the anticipation of the Alonzo upgrade, which will bring smart contract functionality to the blockchain. This comes as Input-Output Global CEO Charles Hoskinson continues to sound the alarm on Tether, calling the fiction of its 1:1 …

Here’s what Cardano (ADA) has been up to with the Ethiopia project

Charles Hoskinson, the founder of the Cardano (ADA) protocol and Input Output Hong Kong (IOHK) CEO revealed the company’s progress in Ethiopia, where one of the world’s biggest blockchain projects keeps unraveling. The blockchain research and engineering company behind the fifth largest crypto by market value is working with Ethiopia’s Ministry of Education on developing …

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting …

Top Derivatives Exchange Bitget Releases Its Latest Operation Data

sponsored Currently, derivatives exchange Bitget has released its global market penetration plan on Twitter, and at the same time, they published their latest globalization data. Data shows that up to now, Bitget’s global registered users have exceeded 1.6 million, and the user base has extended to 48 countries and regions around the world. Among them, …

Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems

Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers of putting their savings behind cryptocurrencies like bitcoin. Central Bank …

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