Airdrop success propels Bitget wallet to second most popular in Japan
Web3 wallet usability remains a key hurdle for mass crypto adoption, according to Bitget Wallet’s COO.
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SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs. 213 Total views 2 Total shares The United States Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-founder Daniel Shin — as it builds its case against…
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill. The trio will be sharing their firm's, or agency’s views on a proposed bill that could see certain crypto tokens classified as digital commodities, among other things.“Tomorrow I have the…
How to demystify DeFi
Although the learning curve for using decentralized finance (DeFi) is steeper than with centralized exchanges, DeFi and its use of immutable smart contracts open up prospects for a more inclusive world. But how can we navigate the core functions of DeFi, use them effectively and profit? Understand key protocols Lending and borrowing Emerging in 2017…
Brazilian Tax Regulator Publishes Draft on Cryptocurrency Taxation
The Department of Federal Revenue of Brazil (RFB), which administers tax collection in the country, is seeking to receive monthly reports on crypto assets operations, according to a document released by the RFB Tuesday, Oct. 30.In the paper, the RFB has announced that Brazil-based crypto exchanges are now obliged to send them detailed reports on…
US Mining Firm Plans to Nearly Double Hash Rate After Halving
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. U.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9 million, following Riot’s purchase of 1,000 S19s…
Grayscale introduces Bittensor and Sui trust products
Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products.
Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. 394 Total views 13 Total shares Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native token to boost interest payments or make strategic…
What’s in and what’s out for Ethereum’s Shanghai upgrade
Ethereum core developers have opted to prioritize the enabling of staking withdrawals via the Shanghai upgrade first before implementing The Surge-related Ethereum Improvement Proposal (EIP)-4884. As reported by Cointelegraph, the next key milestone on Ethereum’s roadmap is the Shanghai upgrade, which will enable withdrawals for ETH stakers/validators from the Beacon Chain — among other things.EIP-4884 is…