Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer 2.
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South Korean regulators target Bithumb in new probe
South Korean National Tax Service agency launches an investigation on Bithumb, according to local reports. 241 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe South Korea-based cryptocurrency exchange Bithumb is under a “special tax investigation” by the country’s National Tax Service (NTS), according to local reports.On Jan.…

Crypto News From the German-Speaking World: Oct. 13–19 in Review
The German-speaking world has seen another week of events in the crypto industry, with a new survey revealing that 27% of Germans are interested in using Facebook’s planned Libra stablecoin, which has been discussed all over the world since its announcement in June 2019. Despite existing criticism of Libra, global regulators do not plan to…

Paxos seeks approval to become fully-regulated crypto bank
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels. Stablecoin creator and crypto services provider Paxos filed an application to open a national bank on Wednesday. If approved, the pioneering Paxos General Trust…

Crypto winter has 250 days left if the market cycle repeats: Grayscale
The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading. 694 Total views 6 Total shares Grayscale Investment's latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022, which could last…

Dogecoin to $1? Traders say a 140% DOGE rally could happen before February
Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31.

Chia Releases Green Paper Detailing Eco-Friendly Means of Crypto Mining
San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies.The green paper provides a description of how proof of space and proof of time create a "Nakamoto-style" consensus algorithm for Chia’s blockchain. Specifically, Chia proposes to “farm” rather than mine to verify blockchains that issue cryptocurrencies,…

‘Biggest mistake’ is not using tax loss harvesting: Koinly head of tax
Failing to utilize tax loss harvesting is one of the biggest mistakes people can make on their tax returns, according to the head of tax at Koinly. 193 Total views 2 Total shares Own this piece of history Collect this article as an NFTFailing to utilize tax loss harvesting is one of the biggest mistakes…

DBS to launch crypto options and structured notes for institutions
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.