Memecoin Shiba Inu unveils plans to launch DAO

The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.

"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements. 258 Total views 3 Total shares The Bank of International Settlements (BIS), a coalition of the world's central banks, criticized stablecoins as being "not a safe store

China’s first government-backed blockchain initiative has just launched an official international website. 1077 Total views 16 Total shares China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website.Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project.Integration with six permissionless…

When times are tough — as in the pandemic — enterprising human nature goes into overdrive. People seek out alternative ways to make money. That could be one of the reasons why cryptocurrencies skyrocketed in popularity in the last few years, driven in part by large numbers of people sitting at home wondering how to…

Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange. 518 Total views 26 Total shares Cryptocurrency exchange Crypto.com has launched a free tax reporting service for users based in Australia. In an announcement today, Crypto.com said it had tailored its existing tax services for U.S.- and Canada-based crypto…

It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks. 250 Total views 3 Total shares Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme…

The approval is seen as a milestone moment for BlockFi's over 100,000 creditors, who have been long awaiting repayment. 121 Total views 3 Total shares The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New Jersey approved its liquidation plan.Bankruptcy Judge

The crypto yield platform said one of its trading strategies "appears to have failed" forcing the firm halt services earlier this week. 132 Total views 2 Total shares Crypto staking platform Freeway pointed at the failure of one of its trading strategies, along with market conditions as the leading reason for halting user withdrawals earlier…

With its CDNA architecture and 192 GB memory capacity, the M1300X by AMD accommodates larger AI models. 348 Total views 11 Total shares On June 13, Advanced Micro Devices (AMD) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia.The California-based AMD said its most-advanced graphics processing unit (GPU) for…