EU touts health benefits for children in the metaverse despite risks
The European Union’s in-house think tanks says the metaverse can help children heal from diseases.
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Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE
Corrections in a bull phase are usually a bullish sign as they reduce the frothy excitement and allow stronger hands to enter the markets. However, the recent correction in Bitcoin (BTC) from its all-time high at $64,849.27 does not seem to have scared novice traders. Data from DappRadar shows that decentralized exchange volumes have picked up…

Ethereum’s return to all-time high accompanied by 77% rise in transaction fees
A 31% price surge was accompanied by a 77% rise in the cost of transacting on Ethereum. 1850 Total views 22 Total shares Ether (ETH), the second largest cryptocurrency by market capitalization, returned to an all-time high on April 2 when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous spectre…

Major Swiss Stock Exchange SIX Developing Stablecoin Pegged to the Franc
Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23.The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin…

Coin Center’s Non-Profit Battle for Decentralization in DC With Peter Van Valkenburgh
Formed in 2014, Coin Center was the first non-profit to focus on defending the independence of decentralized blockchain networks and cryptocurrencies in front of regulators in the United States.Peter Van Valkenburgh was one of the first hires at the fledgling think tank, coming on as director of research in 2015. He recently spoke with Cointelegraph…

Denmark Targets 2,700 Bitcoin Traders for Tax Payments After Tip-Off From Finland
Denmark’s tax agency (Skattestyrelsen) has confirmed it is “identifying” 2,700 individuals it says owe taxes on Bitcoin (BTC) gains, according to a Dec. 12 press release.According to Skattestyrelsen, the Danish citizens bought and sold Bitcoin via an unnamed Finnish cryptocurrency exchange between 2015 and 2017, but did not declare any profits or losses on tax…

A Crypto Venture Fund Bought the Most Tokens at MakerDAO’s Debt Auction
An auction to recapitalize MakerDAO (MKR) after the mid-March market turmoil successfully concluded on March 28, bringing in over $5 million worth of DAI. Crypto venture fund Paradigm Capital revealed in a March 31 tweet that it won approximately 68% of the auctioned tokens.The company had previously pledged to join a “backstop syndicate” and cover…

US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance.

Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. 1984 Total views 26 Total shares The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69…