Runes TXs on Bitcoin have tanked over 88% this month
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24.
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Binance.US Launches App’s Beta Test on Android Devices
Binance’s crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices.In a tweet published on Dec. 25, Binance.US urged the public to participate in the beta test of the crypto trading application on Android devices. Through this testing phase, users will help Binance.US to identify possible flaws and work…
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Overstock’s Blockchain Arm Receives $5 Mln From Chinese Firm Following Delays
Overstock’s blockchain subsidiary tZero has finally secured a $5 million investment from Chinese investment firm GSR Capital, Overstock announced on its latest earnings conference call on May 9.Following an investment in cash and marketable securities, Overstock evaluated tZero's worth at $1 billion, which is $500 million less than the company initially projected in August 2018.The…
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Report: CoinSwitch Kuber poised to become India’s second crypto unicorn
Following crypto exchange CoinDCX’s breakthrough to unicorn status this summer, CoinSwitch Kuber is rumored to be next in line – at a valuation close to twice that of its forerunner. 606 Total views 29 Total shares India’s recent past has been tumultuous on the cryptocurrency front, yet the local industry is nonetheless rumored to be…
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Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from $154…
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Litecoin-Funded Grin Developer Challenges Mimblewimble’s Privacy Issue
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Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November. 129 Total views 3 Total shares Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according to
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US-based crypto firms join forces for travel rule compliance
“We are focused on adding new members, so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement. 103 Total views 3 Total shares Many major crypto companies based in the United States have released a solution for the Financial Action Task Force's Travel Rule.In a Wednesday blog post, crypto services…