Browsing Category
Crypto News
Yuga Labs has deployed ApeChain on Ethereum
Yuga Labs has formally integrated ApeChain, a Layer 2 blockchain that is based on Ethereum.
Yuga Labs, the Web3 company responsible for the Bored Ape Yacht Club, has officially…
Russia will permit bitcoin mining beginning on November 1, 2024
Russia is forthcoming with the official legalization of Bitcoin mining on November 1, which will represent a substantial shift in its stance towards cryptocurrencies.
The global crypto…
PayPal’s PYUSD Advances in Stablecoin Competition
PayPal's PYUSD emerged as a significant competitor in the stablecoin market, while USDT and USDC solidified their market dominance in Q3 2024.
Stablecoin titans such as USDT and USDC are…
EigenLayer X hackers possibly stole $800K posting dog photos
Security analysts have concluded that the Ethereum protocol EigenLayer has been the victim of a phishing attack by X (formerly Twitter), which distributed phishing links and likely seized…
The Singaporean bank DBS Bank launches a token service
DBS Bank has implemented a digital token service designated for the public sector and businesses.
Singapore-based DBS Bank has introduced a collection of new services known as the "DBS…
Indian crypto tax is government effort to ‘displace’ tech Lawyer
Amit Kumar Gupta, a legal practitioner, stated to Cointelegraph that the Indian government's posture on cryptocurrency is indicative of a lack of comprehension of the technology.
A…
Italy Is Going to Raise the Tax on Cryptocurrency
In spite of the statement that it would be raising taxes, Italy is increasing the capital gains tax on cryptocurrencies from 26% to 42%. This comes as the price of bitcoin continues to…
Ireland Drafts Priority Crypto Regulations Before EU AML Legislation
In anticipation of the European Union's imminent Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation, Ireland is in the process of establishing new…
US prosecutors want a five-year reduction for 2016 Bitfinex hacker Ilya Lichtenstein
U.S. prosecutors informed a judge on Tuesday that Ilya Lichtenstein should serve five years in prison for his involvement in the 2016 breach of the crypto exchange Bitfinex.
In August,…
Tesla transmits $765 million in Bitcoin to accounts that remain undisclosed
On October 15, Tesla transmitted $765 million in Bitcoin (11,500 BTC), resulting in a balance of only $6.68 in its wallet.
Tesla, a company that specializes in the production of electric…