Immutable to shut down NFT marketplace

Major South Korean cryptocurrency exchange Bithumb has decided to litigate a near $69 million (80 billion won) tax bill levied by the National Tax Service (NTS).According to a report published by The Korea Times on Jan. 16, Bithumb filed a complaint with the NTS, suggesting that the imposed tax bill is groundless given that cryptocurrency…

Cash App’s Bitcoin profits fell in the third quarter, but overall profits are still on the rise. 606 Total views 29 Total shares Jack Dorsey’s payments company Square Inc. revealed in its Q3 earnings report that mobile payments app Cash App saw a 23% drop in quarterly profits generated by Bitcoin.But Bitcoin profits and revenue…

While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. 240 Total views 25 Total shares GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating…

Hong Kong clients will be able to purchase Bitcoin and Ethereum in their personal accounts. 23 Total views 1 Total shares Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong.According to the Nov28 announcement, the service is offered in conjunction with OSL, one

It has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth of its staff. 117 Total views 2 Total shares The 2022 version of crypto winter has been unlike anything we’ve seen before. As I warned…

The company is currently focused on B2B, but there are countless potential applications for consumers.

United States cryptocurrency exchange Coinbase has announced that it is giving away 1 billion Stellar Lumens (XLM) (about $106 million) to users that are willing to study the Stellar protocol. The news was revealed in a Coinbase blog post published on Tuesday, March 26.The move is part of Coinbase Earn, the exchange’s crypto-focused educational program.…