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Search Results for: Cryptocurrency

Biden’s Proposed Crypto Mining Tax Blocked in Debt Ceiling Agreement

It became clear on Sunday that the Digital Asset Mining Energy (DAME) excise tax proposed by the Biden administration was blocked as part of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. The Biden administration justified the proposed 30% tax on crypto

May 29, 2023 1 min read

Binance Assigns Richard Teng to Oversee Regional Markets Outside U.S

Richard Teng has been given responsibility for all regional markets outside of the United States at Binance, the biggest cryptocurrency exchange in the world by trading volume. Authorities in the United States have been looking into Binance for some time. Richard Teng, who took over as CEO of Singapore for

May 29, 2023 1 min read

Global Blockchain in Gaming Market to 2030: Proliferation of Online Lending Platforms Drives Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Blockchain In Gaming Market Size, Share & Trends Analysis Report By Game Type (Role Playing Games, Open World Games, Collectible Games), By Platform, By Device, By Region, And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global blockchain in gaming market size is

May 29, 2023 4 mins read

Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia. Kazakhstan has emerged

May 29, 2023 2 mins read

Tornado Cash Community Votes in Favor of Restoring Governance

Thanks to an unexpected request made by the attacker, Tornado Cash governance token holders will soon recover authority over the protocol’s functioning. With this newfound power, the community may drive the protocol toward repair and increased safety. On May 26th, the proposal to return power to the original Tornado Cash

May 29, 2023 1 min read

Shiba Inu Burn Rate Skyrockets Over 1,450% in Last 24 Hours

After another large burn of SHIB tokens, the Shiba Inu burn rate skyrocketed in the previous 24 hours, reaching over 1,450 percent. The community took advantage of the meme coin season to speed up the coin’s burn and attract more people to the cryptocurrency. This week, the Shiba Inu community

May 29, 2023 1 min read

Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin

Tokyo, Japan, May 29th, 2023, Chainwire   Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems. Trading is open now, with the initial pair being VERSE/USDT. A milestone moment for Bitcoin.com, this first exchange listing for VERSE

May 29, 2023 3 mins read

Tether USDT Dominates Market Share as Other Stablecoins Decline

There have been shifts in the last year regarding the market domination of stablecoins linked to the US dollar. Tether USDT, however, has returned to its all-time high, according to statistics compiled by CoinGecko, while the majority of cryptocurrencies are on a negative trend. Circle’s USDC market share has dropped

May 29, 2023 1 min read

Temasek Holdings Reduces Pay for Group Involved in FTX Investment

On Monday, May 29th, Singaporean investment firm Temasek Holdings stated it will reduce pay for the group that had proposed an investment in the defunct FTX cryptocurrency exchange. In the wake of the FTX exchange’s demise in November 2022. Temasek was forced to take a $275 million write-down on its

May 29, 2023 1 min read

Crypto Market Turns Green Post U.S Debt Ceiling Extension

Bitcoin (BTC) jumped more than 3.4 percent during the early hours of trading on Monday, May 29. This occurs when the United States is ready to increase its debt limit from its present level of $31.4 trillion. According to CMC, Bitcoin (BTC) is trading 3.4% higher at $28,009 with a

May 29, 2023 1 min read