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Search Results for: Ethereum

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

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

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

Dormant Wallet Inactive for 8 Years Moves 8000 ETH Worth $14.7M

After lying dormant for eight years, an Ether wallet that was last used in 2015 has revived, swiftly transferring 8,000 ETH in under two minutes. After taking part in Ethereum’s ICO (initial coin offering) in 2015, the wallet’s owner was rewarded with 8,000 ETH; nonetheless, the wallet sat dormant until

May 29, 2023 1 min read

Binance Reflects Positive Attitude Toward BRC-20 Token Listings 

Bitcoin Ordinals and BRC-20 tokens stormed with curious hype, conquering the focus of the crypto space to a great extent. Remarkably, crypto exchange Binance is on the frontline investigating the possibilities of onboarding BRC-20 to augment Bitcoin’s NFT era. Notably, Leonidas, a popular Ordinals member on Crypto Twitter, magnified the

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

Blend Emerges as Leading NFT Lending Platform With $225 Million Volume

According to a report by Nansen, the peer-to-peer lending and borrowing platform Blend, established this month by the newly minted non-fungible token marketplace behemoth Blur, has already handled approximately 16,000 loans for a total of 123,500 ETH, or $225 million. The marketplace Blur soon overtook OpenSea in terms of trading

May 28, 2023 1 min read

China Pushing for Web3 Development Despite Outright Crypto Ban

China seems to be welcoming foreign businesses into some sectors. The nation has taken a strong line against the buying, selling, and holding of cryptocurrencies like Bitcoin and Ethereum, yet it is still actively promoting the growth of Web3. Beijing Municipal Science and Technology Commission and Zhongguancun Science and Technology

May 28, 2023 1 min read

Ether Reserves on Centralized Exchanges Reach Five-Year Low

The cryptocurrency exchanges’ Ether reserves have hit a five-year low.  The current number of ETH on exchanges, 17.8 million, is the most it’s been since July of 2016, according statistics from Glassnode. As of September 2022, the number of Ethereum tokens available on trading platforms has begun to decrease. The

May 28, 2023 1 min read

Arbitrum-based Jimbos Protocol Exploited of $7.5M in Recent Attack

Jimbos protocol is the latest decentralized finance (DeFi) system to be hacked, resulting in a substantial loss of funds in the cryptocurrency market. Jimbos protocol, the Arbitrum system’s liquidity mechanism, was hacked on May 28 morning, according to blockchain security company PeckShield. The hack caused a loss of 4,000 Ether,

May 28, 2023 1 min read