Solana’s token minting frenzy loses steam as memecoins get torched

A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. 1478 Total views 1 Total shares New rules announced by South Korea's Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country and a new policy for banks…

Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.

Ether (ETH) has been stuck between $1,170 to $1,350 from Nov. 10 to Nov. 15, which represents a relatively tight 15% range. During this time, investors are continuing to digest the negative impact of the Nov. 11 Chapter 11 bankruptcy filing of FTX exchange. Meanwhile, Ether’s total market volume was 57% higher than the previous week,…

The CEO of top cryptocurrency exchange Binance has said President Trump’s crypto-related tweets can only be a good thing for the industry.‘The president of the United States is talking about cryptocurrency’Changpeng Zhao (“CZ”) told CNBC in an interview published on July 23 that even though Trump has been critical of the asset class in his…

About 70% of tokens are held in escrow and will be vested starting later this year. 575 Total views 7 Total shares On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based…

The Italian Banking Association (ABI) is now testing a blockchain interbank solution based on blockchain consortium R3’s open-source distributed ledger platform Corda, fintech news outlet FinExtra reports on Wednesday, Feb. 13.The ABI states that the platform has been developed together with its technical partners — R3, Japanese IT firm NTT Data and Italian ICT company…

On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30.Although the actual relevance of the upgrade was quite small (see below), the Tezos community underlines that the test was a milestone. The smooth…

South Korea's Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings (ICOs), daily English-language newspaper The Korea Times reports Monday, Dec. 3.Hong Nam-ki, South Korea’s new Minister of Economy and Finance as well as new Deputy Prime Minister, revealed that а crypto taxation plan will be finalized according to global taxation trends in…

The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives.