LBank Exchange Will List Lilly Finance (LY) on April 2, 2022

press release PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, …

Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country

A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets …

Bored Ape Yacht Club Discord hacked, MAYC #8662 stolen

Update: The stolen Mutant Ape Yacht Club #8662 apparently belonged to the Taiwanese pop superstar Jay Chou, which seems confirmed by himself via a post on Instagram. Chou lost NFTs in the phishing attack at a total value of $550,000, including the aforementioned MAYC, a Bored Ape Yacht Club ape that was gifted to him …

Zilliqa’s breakout: A look behind the numbers

Last week’s 210% swing to the upside saw renewed interest in Zilliqa. Since peaking at $0.26 last May, a prolonged drawdown followed. To read the rest of this article, sign in or join CryptoSlate Edge. Get an Edge on the Crypto Asset Market Even though the crypto market is fast-moving and often confusing, CryptoSlate Edge …

China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment

Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually led to the arrest and eventual sentencing of the Chinese kidnappers. A Ransom Demand …

Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions

Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians in Crypto Space Amid concerns …

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions on …

This leading Polkadot DeFi project hit $1 billion in total value locked

Having recently won the third parachain auction slot and going live on the Polkadot mainnet this year, , Cosmos, and all major layer 1 blockchains. It offers a range of technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable and interoperable …

This unique NFT Artwork was designed to raise money for Ukrainian Children

As an interactive NFT, Mariupol is a living piece of art. It consists of 13 different layers, with each layer having between two to four unique states. The master owner of Mariupol can choose the final appearance from amongst these states. Mariupol NFT made by 38 artists Mariupol will be available for 14 collectors; one …

BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves

Peer-to-peer payments processor Circle Internet Financial today announced that it has chosen the Bank of New York Mellon Corporation, also known as BNY Mellon, to become a primary custodian for its USD Coin (USDC) reserves. In the press release, Circle CEO and co-founder Jeremy Allaire noted: “As we continue to see exponential growth in USDC, …

Did a billionaire’s son buy NFTs on insider knowledge?

A few weeks after rumors circulated about possible insider trading in recent Meebits NFT purchases, there are now speculations that Alexandre Arnault, the son of the third richest man in the world, might also be involved in using inside information to purchase some of the rarest HypeBears NFT in a blind auction. HypeBears are a …

Five Reasons Why Koinly Is the Best Crypto Tax Software

sponsored Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world today. These include a wide range …

Circle Chooses BNY Mellon to Custody USDC Reserves

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to custody the …

Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users

Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion Opportunity, Says Citi Citi …

SEC Names Crypto an Exam Priority This Year

The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,” said an official with the SEC Division of Examinations. Crypto Assets Among SEC Examination Priorities The …

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