WazirX urges creditors to approve restructuring plan or face delays
WazirX warns creditors that repayments could be delayed until 2030 if they reject its restructuring plan, which was recently approved by the High Court of Singapore.
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DeFi platform 1inch releases governance and utility token
The 1INCH tokens will govern both the platform's automated market maker protocol and its DEX aggregator. 1432 Total views 8 Total shares The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec. 25 announcement. The 1INCH token will be used for both the platform’s automated market maker…

Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode
Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market.

Huobi clarifies Korean operations: Two separate entities aiming at same market
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea. Own this piece of history Collect this article as an NFTFollowing the report about Huobi Korea’s planned buyout of its shares from Huobi Global, the latter revealed that the deal has already been made, and…

3 reasons why Bitcoin traders anticipate BTC price to briefly sweep the $27.5K level
After a spectacular first half of 2023, the price of Bitcoin (BTC) appears to have stalled out, being stuck between $29,000 and $31,500.There could be reason to believe that in the near term, the price of Bitcoin will tend to trade sideways or to the downside. This thesis can be based on three factors, with…

Japanese Messaging Giant LINE’s LN Token Trading on BitMax
The native token of Japanese messaging giant LINE is now available for trading on crypto exchange BitMax. 965 Total views 24 Total shares Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading.According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users…

Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment. 689 Total views 4 Total shares The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse

Bitcoin hashrate tops 1 Zetahash in historic first, trackers show
The Bitcoin network hashrate has topped 1 Zetahash per second (ZH/s) for the first time in Bitcoin’s 16-year history, according to several blockchain data sources. Bitcoin’s hashrate crossed the milestone on April 5 at a peak of 1.025 ZH/s, according to mempool.space data, while BTC Frame data said it hit 1.02 ZH/s a day earlier.

Tax law researchers propose IRS framework for deducting crypto losses
Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in the United States. The research concludes with recommendations for the Internal Revenue Service (IRS) that, if adopted, would prevent taxpayers from weighing crypto losses against other capital gains.The paper, dubbed simply “Crypto Losses,”…