This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) The ZA Bank Crypto Service is now accessible to retail investors
In partnership with HashKey, the ZA Bank crypto service enables users to trade Bitcoin and Ethereum through a mobile application that the bank provides. Users have the option to conduct transactions in either Hong Kong dollars or US dollars as of today. As per CEO Wu Zhonghao, this initiative aligns ZA Bank with conventional banking services, thereby increasing its competitiveness and stimulating revenue growth…[continue reading]
2) Australia initiates consultation on the OECD crypto reporting framework
In order to solicit feedback regarding the implementation of an international reporting standard for cryptocurrency transactions, the Treasury Department of Australia has published a consultation document. The initiative is a component of a more comprehensive endeavor to combat global tax evasion and improve tax transparency…[continue reading]
3) The $990 million pizza Laszlo Hanyecz received for 10,000 Bitcoins years ago
Laszlo initiated the concept of this transaction on May 18, 2010, by posting an offer on a Bitcoin forum for 10,000 bitcoins in exchange for two pizzas. Although he wanted pizza with hot meat, onions, and green peppers, pineapple was not an option. At that time, Bitcoin was a novel concept, and the majority of individuals were unaware of its significance…[continue reading]
4) MetaMask Introduces Gasless Swaps Capabilities
The new “Gas Station” feature of MetaMask enables users to pay gas fees directly within token exchanges, thereby eliminating the necessity for ETH. The “Gas Station” feature, which is unique to MetaMask, could alter the way in which users interact with the Ethereum mainnet. This new feature eliminates the need to retain ETH exclusively for gas fees during token exchanges…[continue reading]
5) VanEck Crypto anticipates that Bitcoin will reach $180,000 during the current bull run
In their most recent Bitcoin report, which was published on November 21, analysts Nathan Frankovitz and Matthe Sigel declared that the crypto bull market is only just beginning to enter its next phase. They emphasized that Bitcoin (BTC) could reach this milestone within the next 18 months as a result of factors such as a growing institutional interest and a favorable regulatory environment in the United States…[continue reading]
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