Block Earner spared penalty in regulator’s crypto yield suit
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products.
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Miners are hoarding Bitcoin from record daily earnings
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. 1839 Total views 23 Total shares Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March.Data from on-chain analytics provider Glassnode shows that miners’…
Iggy Azalea's anti-scam plan: Burn her own coins
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community.
Blockchain-Based Game Becomes First DApp to Launch on Crypto Platform
A crypto platform has announced the launch of the first decentralized application (DApp) on its blockchain.ILCoin says its debut DApp, created on the SHA-256 blockchain, is a game called AGE of ILC — a tower defense game in which players have to obstruct strangers and stop them from stealing their treasure. The game’s developers say…
Polkadot unveils $770M development fund ahead of parachain auctions
Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance. Wood…
DeFi proved resilient during the March 2020 and May 2021 market crises
As if 2020 didn’t provide enough nail-biting moments, 2021 is shaping up to be quite an interesting year for cryptocurrency. With the price of Bitcoin (BTC) floating around the $35,000 mark, skeptics and pundits are flocking to the streets of social media to celebrate the long-awaited demise of the decentralized economy. Of course, they quite…
Randi Zuckerberg Joins Huobi’s Public Blockchain Advisory Committee
Randi Zuckerberg, the elder sister of Facebook founder Mark Zuckerberg, has joined the advisory board of cryptocurrency exchange Huobi to develop Huobi’s new public blockchain, according to a recent press release. Zuckerberg, who worked at Facebook for over six years, is also the founder and CEO of Zuckerberg Media. Per the announcement, Zuckerberg, along with…
Crypto market cap returns to $2T for the first time since May
Bitcoin dominance is falling again as Ether rises and altcoins look to regain momentum. 1025 Total views 8 Total shares The total value of all cryptocurrencies in circulation — a major bellwether for the health of the overall market — reached $2 trillion on Wednesday for the first time in almost three months, offering compelling…
South Korean government to delay crypto-tax rules by three months
Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure. The South Korean National Assembly is planning to delay the implementation of new income tax laws on cryptocurrency gains following appeals from industry bodies.According to a Nov. 25 report on Korean-language news site DongA, the 20%…