ZUG, Switzerland–(BUSINESS WIRE)–Tezos, a pioneering blockchain for Proof-of-Stake consensus and on-chain governance, has activated its fourteenth core protocol upgrade: Nairobi. The Nairobi upgrade will make it faster and easier to run applications on the Tezos blockchain by introducing several updates and improvements to the Tezos protocol. These include enhancements to
The Japanese National Tax Agency is relaxing its position on taxing crypto assets for companies operating in Japan. To make it simpler for cryptocurrency-related businesses to operate in Japan. The tax administration has reportedly announced that unrealized profits from cryptocurrencies produced by corporations themselves would no longer be taxed. Taxation
The top cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have demonstrated significant strength, continuing their upward trajectory in the early hours of trading this week. BTC, the world’s largest cryptocurrency, has managed to maintain its position above the $30,200 range, while ETH has surged by 8.66% in a week to reach
Coinbase, a leading crypto exchange platform, succeeded in its effort to submit customer complaints to private arbitration. The U.S. Supreme Court backs the crypto exchange’s request to postpone customer lawsuits. Coinbase has achieved a significant legal victory in its ongoing battle to resolve customer lawsuits through private arbitration. The U.S.
The world of cryptocurrencies has witnessed a fascinating evolution, with the rise and fall of various memecoins capturing the attention of investors in the crypto market. Pepe, the frog-themed memecoin, has recently experienced a significant surge in its trading price. The memecoin has captured the attention of investors and is
Huobi founder Li Lin claims that the cryptocurrency exchange is in violation of the terms of the purchase agreement by making use of the Huobi brand. X-Spot Co. Limited, owned by Li Lin, reportedly sued Huobi Global for trademark infringement at the High Court of the Hong Kong Special Administrative
Canada Crypto Week Kicks off with the Country’s Largest & Longest Running Crypto Conference Back for its 5th Year TORONTO–(BUSINESS WIRE)–Untraceable, a veteran blockchain events company that has been organizing crypto events for over a decade, announces that the 5th annual Blockchain Futurist Conference is set to take place on
BNB Chain, the blockchain founded by the renowned exchange Binance, has taken a significant stride. It tackles the scalability challenge that has long plagued blockchain technology. In a recent launch, opBNB, a new layer-2 chain built on Optimism’s OP Stack, aims to transform scalability and affordability on the Binance Smart
For an article he published last year, ZachXBT, one of the most followed on-chain crypto sleuths on Twitter, claims to be facing legal action. The analyst claims he needs public funding to pay for his defense since, unlike his accuser, he does not have a lot of money. That backing
As per the Reuters, it is said the United States Securities and Exchange Commission (U.S. SEC) has refused the crypto breakdown criticism and condemned the securities laws which are breached, on Friday. In New York, Gubir Grewal, the chief director of SEC enforcement stated that this criticism is imposed as
