10% of Ethereum validators signal gas limit increase
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
China bans Bitcoin (BTC), again.No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with the…
NYC’s mayoral frontrunner pledges to turn city into Bitcoin hub
Eric Adams, who has outstripped the better-known crypto advocate Andrew Yang in New York City's mayoral race, has made his own Bitcoin pledge on the eve of winning office. 185 Total views 1 Total shares Within the same month, talk of the United States' budding capital of crypto has seemingly shifted its center from Miami to New…
Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. 456 Total views 3 Total shares On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such…
Slovakian parliament votes to approve lower crypto taxes
A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. Members of Slovakia’s National Council of the Slovak Republic — the country’s parliament — have voted to approve lowering crypto taxes, along with additional measures affecting cryptocurrency holders.On June 28,…
Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more
Sega co-COO yawns at P2E gamesThe co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space.Bloomberg reported on July 6 that Shuji Utsumi, the co-COO of the gaming company behind Sonic The Hedgehog, said Sega would shelve plans to…
47 countries pledge to authorize the crypto-asset reporting framework by 2027
The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities. 470 Total views 24 Total shares Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into
Cryptopia Alleged Hack: Police Are on the Case While Community Tracks Down Stolen Funds
In what seems to be one of the first major security breaches of 2019, New Zealand-based digital assets exchange Cryptopia was allegedly hacked this week. The platform reported the incident via Twitter on Jan. 15, mentioning “significant losses.” While the incident has been confirmed by the local police, many crucial details — including the amount…
Report: Leading Japanese Shipping Line to Introduce Its Own Digital Currency
Japanese shipping company Nippon Yusen K.K. (NYK) is reportedly launching its own digital currency for crew members, Bloomberg reported Nov. 20.Established in 1885, Nippon Yusen is Japan’s largest shipping line in terms of sales. From April 1 to Sept. 30, 2018, NYK Group’s consolidated revenue was 915.6 billion yen ($8.1 billion).People familiar with the matter…