Since September 2021, crypto transactions and mining have been illegal in China. However, the prohibition has become more of a guideline in actual use. Since its introduction, crypto taxation has been a topic of discussion among Chinese officials. In addition, a judgement decided in 2022 made it clear that residents
May 8, 2023 1 min read
Fears of a Denial of Service (DoS) “attack” on the Bitcoin network were voiced on Crypto Twitter over the weekend due to a dramatic increase in transaction fees and unconfirmed transactions. In response to these concerns, several Bitcoin experts and pundits have sought to reassure their individual communities. According to
May 8, 2023 2 mins read
The Kommersant reported that seven placements of digital financial assets (DFAs) totaling roughly 1 billion rubles ($13 million) were done in Russia last month. While this market is currently relatively tiny. Big initiatives may be anticipated by the end of the year, according to experts cited by the business daily.
May 7, 2023 1 min read
Celsius Network, a cryptocurrency lending platform, has announced that certain customers will soon be able to recover their whole initial investments. Even though it has been almost a year since the company temporarily halted withdrawals. Users of Celsius who have only ever had their funds in custodial accounts were previously
May 7, 2023 2 mins read
The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing
May 6, 2023 1 min read
To improve the sector’s overall capital efficiency, decentralized exchange SushiSwap has released concentrated V3 liquidity pools, on more than a dozen networks. According to a statement released by the exchange on Thursday, this is the largest-scale implementation of such pools to date. div align=”center”> Concentrated Liquidity, everywhere.Capital Efficiency, anywhere. 🔥
May 6, 2023 2 mins read
On Friday, South Korean prosecutors called for the extradition of Terra’s creator, Do Kwon, who is now on trial in Montenegro. Having spent more time on the investigation and gathering of evidence than the United States, prosecutors are in the strongest position to seek justice for victims who lost about
May 5, 2023 1 min read
The much-anticipated mainnet release of Cardano’s Hydra scaling protocol has finally been released. This development is a big deal for the Cardano ecosystem. Since it furthers the project’s stated goals of enhancing the blockchain’s speed, scalability, and security. While also bolstering the revolutionary potential of Cardano’s underlying technology. In this
May 5, 2023 2 mins read
The web3 travel ecosystem Camino Network’s mainnet has gone live, according to Chain4Travel, a Swiss company developing a blockchain-based infrastructure for the travel industry and supported by a number of significant market players. Anyone can build on The Camino Network, a public and permissioned Web3 blockchain for the international travel
May 4, 2023 3 mins read
The cryptocurrency payment company FLUUS has announced that it would use the FantomStarter Launchpad to perform a presale of its native token, $FLUUS. The token will be discounted on the platform for investors to buy from May 2 to May 23, and whitelisting will be possible until May 17. From
May 4, 2023 2 mins read
