Sun, January 12

Brussels Proposes Stringent Tax Reforms For Crypto Sector

Countries across the globe are stepping up regulations due to recent events that have unfolded in the crypto market. New “tax transparency rules” for the cryptocurrency sector are on the agenda of Brussels’ executive authority. Not only EU-based service providers. But any service providers that facilitate transactions in crypto assets

December 11, 2022 1 min read

Argentina Plans Incorporating Blockchain in Various Government Sectors

Some of the most distinguishing features of blockchain technology are its decentralization, transparency, immutability, and automation. Use applications for these components are almost limitless because of the breadth of their applicability across sectors. There has been a recent uptick in the number of nations examining how blockchain technology may be

December 11, 2022 1 min read

Polygon Collaborates With Music Behemoth Warner Music

Polygon has announced an official collaboration to bring blockchain technology and NFTs to the music business. Further increasing its list of alliances and support areas. Polygon, Warner Music, and LGND have all made public statements about their plans to provide Music NFTs to the Web3 ecosystem. In January of 2023,

December 10, 2022 2 mins read

Ren Protocol Urges Users To Burn Tokens Prior To Ren 2.0 Upgrade

On Thursday, the Ren Protocol team advised users of the Alameda-backed cryptocurrency that they may lose their funds if they did not take quick action. According to the cross-chain bridge, the Ren 2.0 update to the current product (Ren 1.0) could not be backwards compatible. To avoid “losing them,” Ren

December 10, 2022 1 min read

Russia Deploys Digital Tool For Tracking Crypto Transactions

According to Tass, the Russian Ministry of Internal Affairs (MVD) has given its employees access to a new digital platform. It is named “Personal account of a law enforcement agency.” The government agency was told by the ministry that it is now utilizing the new technology. To determine who owns

December 10, 2022 2 mins read

CEO of Crypto News Platform ‘The Block’ Resigns Post FTX Link

The CEO of cryptocurrency news site The Block, Michael McCaffrey, resigned when it was revealed that the business had received an undisclosed investment from former FTX founder Sam Bankman-Fried, according to a report by Axios. McCaffrey, who became CEO in April of 2020, has also resigned from the board of

December 10, 2022 1 min read

Blockchain Fintech ‘Symbiont’ Files For Chapter 11 Bankruptcy

On December 1st, Symbiont filed for Chapter 11 bankruptcy. After having joined the rush of businesses over a decade ago. Aiming to introduce crypto’s underlying blockchain technology into conventional finance. In a petition with the United States Bankruptcy Court for the Southern District of New York. The corporation said that

December 10, 2022 2 mins read

Amber Group Reportedly Cancels $25M Chelsea FC Sponsorship Deal

Amber Group, a cryptocurrency trading business located in Singapore, is reportedly ending a $25 million sponsorship arrangement with the football team Chelsea FC as published by Bloomberg and cited by an anonymous source. To reduce its headcount to around 400, Amber Group, financed by Temasek and Sequoia Capital, is also

December 9, 2022 1 min read

Ethereum’s Shanghai Upgrade Is Expected To Be Released in March 2023

The Ethereum core developer has announced that the next major upgrade, the Shanghai upgrade, will be released on March 2023, and this upgrade will allow users to permit their staked ETH withdrawals. According to the Duna Analytics crypto data tracker, some of the 15.57 million ETHER, or nearly 13% of

December 9, 2022 2 mins read
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