Bitcoin exchange reserve metric hits 3-year low

Big Four auditing firm PwC announced the release of a cryptocurrency auditing software solution in a press release published on June 19.Per the release, the tool newly added to PwC’s Halo auditing suite can be used to “provide assurance services for entities engaging in cryptocurrency transactions.” The firm claims that, with the new addition, the…

1inch Network co-founder Anton Bukov believes that recent events in the centralized finance space have highlighted the importance of DeFi. 1065 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTWith decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of…

The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading. 259 Total views 2 Total shares A former deputy secretary-general of Thailand’s Security and Exchange Commission (SEC), Tipsuda Thavaramara, has come out to question the legitimacy of crypto taxation in the country.According to a report by local newspaper The…

Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of its stablecoin. 184 Total views 1 Total shares The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a

Analysts have long predicted that the increased participation of governments and institutional players in the blockchain and cryptocurrency space shows how the respective industries are maturing. The founder of crypto merchant bank Galaxy Digital, Michael Novogratz, recently said that the next up-move of the cryptocurrency bull market will be driven by institutional investors.Last week we…

Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a utility token called Politicoin, which will then be used to support its candidates running for public office.So, can PACs become a gateway for cryptocurrency-based…

Canine-themed meme tokens like ELON, SHIB and DOGE have taken control of the market while Bitcoin consolidates below $57,000 and Ethereum holds above the $4,000 mark. 6412 Total views 27 Total shares Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit…

European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud.Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of July 17, down from €79 ($90.30) on Monday.Northern Data: “We’re as transparent as it gets”Northern Data, the product…