Brands that don’t succeed in Web3 didn’t ‘jump into the water’

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…

Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital.A fiat-crypto lending and investing serviceDrawBridge announced in a press release published on Aug. 8 that it received funding from Galaxy Digital, further strengthen DBL’s fiat-crypto lending and investing capabilities. Furthermore, the two firms reportedly plan to jointly develop a…

Speaking at a panel today at BlockShow Asia 2019, VeChain founder Sunny Lu suggested that token value is mostly arbitrary.The panel was titled "Creating Token Value — Are Monetary Gains Hindering Blockchain Innovation?" and it also included Eddy Travia, co-founder and CEO of Coinsilium; Matthew Roszak, chairman & co-founder at Bloq; Greg Wasserman, co-head of…

Marshall Wace is reportedly still discussing the size of its new digital currency-related portfolio with potential investors. 61 Total views 1 Total shares Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment.The hedge fund firm is preparing to launch a…

The strange case of Egor Kriuchkov — who was he working for? The Department of Justice has charged Russian citizen Egor Igorevich Kriuchkov with conspiracy to damage a protected computer system after he allegedly bribed an employee of a Nevada company with $1 million in Bitcoin to install malware in that company’s computer system.According to…

Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. 116 Total views 50 Total shares Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in…

Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector. 220 Total views 17 Total shares The tokenization of global property markets has been an ambitious goal of the blockchain space and decentralized finance (DeFi) could offer a novel solution…

The past few months have seen an explosive uptake of nonfungible tokens (NFT) as crypto artists, gaming enthusiasts, musicians, celebrities and now fast food chains deploy the technology in various ways.Fast food giants such as McDonald’s, Burger King and Taco Bell are taking to NFTs because of their capacity to enable gamified promotions and distribution…

The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token. 1732 Total views 35 Total shares The Venezuelan government announced on June 11 that almost 15% of all fuel payments at petrol stations across the country were made using the Petro (PTR). This rise…