Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs.
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New Zealand Blockchain Group to Request Government Blockchain Strategy
New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21.The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliament’s economic development, science and innovation select committee hearing on the potential…
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Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties. Bitcoin (BTC) fell under $30,000 on Tuesday as the latest BTC price dip took the largest cryptocurrency below a significant “line in the sand.”BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewBitcoin beats May price bottomData from Cointelegraph Markets Pro and…
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‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Crypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto community. On Mar. 12, the Federal Reserve announced the closure of Signature Bank as part of “decisive actions” to protect the U.S. economy, citing “systemic risk.”…
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Kenyan crypto firms on notice as digital tax law takes effect
Crypto transactions in Kenya now attract a 1.5% tax. 4590 Total views 20 Total shares Kenya’s planned Digital Service Tax, or DST, came into effect at the start of 2021. The DST is part of the country’s 2020 revamped Finance Act that focused on the digital services market among other sectors.Based on the provisions of…
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Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
According to the chairman, the central bank will decide on implementing its own digital currency by the end of 2022. 285 Total views 17 Total shares While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore…
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French Minister of Finance: Blockchain Is a Government Priority
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Local Chinese Government Launches Its First Blockchain Platform
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