Astar Network has recently announced that it has partnered with Yoshitaka Amano. The major multichain-based smart contracts platform has partnered with a legendary artist known for creating many imaginary and fantasy characters and worlds. Creation of Exclusive NFT Collection Following the partnership, Yoshitaka Amano would work on creating an NFT collection that would be exclusive…
A digital bank based in Brazil, Nubank recently announced that it had achieved a new milestone. According to the institutions, it now has about 70 million customers in the Latin American region. This makes it one of the biggest financial digital bank to exist in Brazil. Moreover, it also disclosed that about 2 million of…
A newly released survey disclosed that the next 12 months will see around 1 million Australians buy crypto for the first time. This would mean that the total number of people owning cryptocurrency in Australia would reach approximately five million. The survey Swyftx is an Australian crypto exchange that conducted its second Annual Australian Crypto…
For days, there is a fight taking place between the bulls and the bears to move Polkadot (DOT) in their favor. The bears have continued exerting strong selling pressure over the bulls in order to lower their confidence. However, the bulls are not ready to give up easily as they have been fighting the bears…
In the last 24 hours, Shiba Inu (SHIB) seems to have dropped another bomb on its investors. It was a huge upset for the investors that have positive sentiments about the meme coin. Shiba Inu Suffers a 6.4% Drop Shiba Inu has been losing its value for a long time and things have not changed…
The trading value of the Binance Coin (BNB) has been oscillating between a particular range. In recent days it has become clear that the bulls and the bears have strong sentiments supporting their sides. Therefore, both sites may attempt to push and pull BNB’s price to their side to form a strong trend. BNB is…
Local media reported that the South Korean government has seized crypto assets valued at approximately $184 million in tax arrears in the last two years. The authorities in Seoul had first begun their confiscation of digital assets from those accused of evading taxes back in 2021. Tax evasion Reports on Thursday revealed that South Koreans…
The US district judge has recently authorized the Internal Revenue Service (IRS) to make its move against a certain group of cryptocurrency investors. The particular group in question are the tax evaders who generate their revenues from cryptocurrencies. The Reason behind the Decision A significant rise has been witnessed in the adoption of cryptocurrencies in…
In his testimony before the lawmaker of the United States, Jamie Dimon, the chief executive of JPMorgan Chase, called himself a major skeptic where cryptocurrencies are concerned. The CEO said that cryptocurrencies, such as bitcoin, were nothing more than decentralized Ponzi schemes. On Wednesday, the House Financial Services Committee had held an oversight hearing in…
On Wednesday, Normura Holdings made an announcement on the launch of Laser Digital Holdings, which is a venture capital unit focused on the cryptocurrency market. Normura Holdings is Normura Group’s principal member and is a Japanese financial holding firm. Its move comes after several financial giants made a move into the crypto space this year….
Spanish crypto exchange Eurocoinpay has made a deal for offering one of the first debit cards based on cryptocurrency in Spain. Customers of Eurocoinpay already have access to the card in question and now users will be able to take advantage of it by shopping in more than 90 million locations in the European Union…
The results of a new survey conducted by Harris Poll show that most American crypto investors believe that they possess the tools necessary for becoming billionaires down the road. The survey had been focused on how Americans view billionaires and it showed that Gen Zers and millennials have a higher sentiment in this regard, as…
Global bitcoin mining firm, Bitfarms has launched its operations in the mining megafarm that it set up in Argentina. Launched on September 16th, the new mining facility is now generating about 10 ]MWof mining power in the initial phase, but it expects to expand and become fully operational in the next year. According to the…
The Securities and Exchange Commission (SEC) in Thailand has proposed that a ban be imposed on crypto lending and staking activities and that people not be permitted to engage in them. The regular has now opened up the proposal for comments from the public and also noted that the reason behind the ban would be…
The head of the Russian government instructed the finance ministry and central bank in Moscow to come to an agreement on how to develop the digital asset market in Russia by December 1st. They should also work with other regulators in order to develop common legislation that can be used for regulating the digital asset…
The Financial Services Regulatory Authority (FSRA) is the financial regulator for the Abu Dhabi Global Market. It recently disclosed six principles that will be used for developing regulations for virtual assets and their supervision. While the FSRA said that these principles would not be legally binding, they should be regarded as a complement to the…
Last week, the tax authority in Argentina (AFIP) discovered three different clandestine crypto mining operations, which were located in the city of Cordoba and San Juan. Just one of these mining farms had mining equipment worth $600,000 and the institution was able to track them due to the high electricity consumption. Illegal crypto mining The…
The trading price of Ether (ETH) is currently hovering in a particular range. The range is the 20-day EMA and the H&S pattern. The trading price of $1,605 is the 20-day EMA for Ether and the H&S value is at a lower level. This means that the trading price of ETH is moving within a…
Animoca Brands is one of the major platforms within the crypto-blockchain industry and it wants to gain even more ground within the sector. In recent years, Animoca Brands has gained so much name in the world of blockchain and metaverse gaming. For this purpose, the brand has collaborated with multiple blockchain and metaverse-based companies. Animoca…
The new Prime Minister of Britain, Liz Truss had previously stated that cryptocurrencies should be welcomed in such a manner that their potential is not affected. Truss beat Rishi Sunak, the former finance minister of the United Kingdom, who intended to make the country crypto-friendly. New PM The race to become Britain’s prime minister had…
On Monday, the largest crypto trading platform in the world by trading volume, Binance announced that it would be removing USDC from the list of its spot trading pairs. Not only is it removing the stablecoin, but it also warned its users that three types of stablecoins would be automatically converted into BUSD if those…
Thousands of global computers have been invaded by crypto mining malware. This particular malware has been running since 2019 and is using these computers for mining the privacy coin Monero (XMR). Crypto mining malware Last Monday, a report was published by Check Point Research, which shed light on the activities of a cryptocurrency mining malware,…
A set of crypto regulations has been finalized by the government of Iran. A government official said that the administration had ratified a ‘comprehensive and detailed’ law. It is aimed at providing a regulatory framework for crypto, which includes their mining and authorized usage. Crypto regulations in Iran The Industry, Mines, and Trade Minister of…
Mikhail Mishustin, the Prime Minister of Russia, was full of praise for digital assets as a payment method, as he said that they could help the country in achieving financial independence. However, the leading government official also encouraged the use of the Russian ruble for making international settlements. Foreign trade During a session that was…
Indeed, web3 and decentralized finance (DeFi) capabilities are among the blockchain pillars making most chains attractive to investors. Early adopters that joined the space are working to strengthen their footing. Polygon is among such platforms. The Polygon Village Created as a one-stop platform for developers to build and enhance projects, Polygon Village will use vouchers…
