Hong Kong to enhance digital asset regulation in 18 months

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill. A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was meant for victims of FTX, according to the bankrupt crypto exchange. The United States tax authority

The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets. 291 Total views 2 Total shares The House Financial Services Committee has advanced another two landmark crypto bills previously under consideration —  with one aiming to better regulate stablecoin issuers and another seen as…

CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” 999 Total views 29 Total shares MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s…

This article has been updated to correct that Cointelegraph’s traffic was not affected by the Google Core Update as previously written.Top cryptocurrency media site CCN is shutting down today, June 10th, according to an announcement on their website.The post, written by Jonas Borchgrevink, director and founder of CCN Markets and Hawkfish AS, states that the…

Snapshot X enables gasless onchain voting for DAOs using Starknet technology, advancing governance with lower costs and enhanced security.

Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop. 1287 Total views 2 Total shares Bitcoin’s hashrate has fallen to its lowest levels since early November as mining operations in China start unplugging.Bitcoin’s network hashrate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According…

Central bank digital currencies continue to be a popular topic of discussion within the crypto and broader financial circle, with China often dominating the headlines owing to the progress of its planned digital yuan project. On June 22, a former central bank senior official revealed that the country had completed the backend infrastructure for its planned…

Mr Beast, joins almost 1 million other verified Brave publishers, potentially exposing some of his subscribers to Brave browser and its native BAT token. 4442 Total views 14 Total shares Jimmy Donaldson, aka “Mr Beast,” a prominent YouTuber boasting 50.2 million subscribers and 8.5 billion total views, now owns a verified Brave browser account —…

Pepe’s price has slid 12% since reaching all-time highs, but trading volume has surged by 216%, indicating heightened interest from traders.