Tag: Digital Assets
Polkadot Transaction Growth Surges by 33% Despite DOT Hitting Seven-Month Low
Polkadot, a popular cryptocurrency, has seen a significant increase in transaction growth despite its native token, DOT, hitting a seven-month low in value. The DOT token briefly fell below $5, its lowest value since...
Bitcoin Price Plummets After FTX Collapse and Mt. Gox Panic
Bitcoin's price recently took a hit, dropping to around $54,000, resulting in the fifth largest realized loss since the FTX collapse. The panic selling that ensued was primarily fueled by concerns related to Mt....
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
Nigeria’s New Crypto Regulations: Local Offices and Leadership Requirements for Licensing
The Securities and Exchange Commission (SEC) of Nigeria has recently introduced new regulations for Virtual Asset Service Providers (VASPs) operating in the country. These regulations aim to ensure closer regulatory supervision and support for...
Gala Games Collaborates with Animoca Brands, GALA Price Drops 6.7%
Gala Games recently announced a partnership with Hong Kong-based game software and Venture Capital company, Animoca Brands, to enhance the token experience for users. This collaboration aims to develop the altcoin and improve the...
Private Jet Brandization: The Protocol That Burnt Cash
June was a tough month for the crypto markets, with prices dropping significantly. However, there were some interesting stories in the blockchain tech world. One topic that caught the attention of many on crypto...
Court Approves Accelerating Consensys vs. SEC Lawsuit for Quick Resolution
A federal judge has approved a timeline for the court to consider the lawsuit filed by software firm Consensys against the US Securities and Exchange Commission (SEC) and its commissioners. In a filing on...
Crypto Market Trends Reflect Early June Patterns, According to Matrixport Co-Founder
The crypto market trends are showing similarities to those observed in early June, according to Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital. Yan highlighted the potential for a breakout in major...
Cardano’s Eco-Friendly Metrics for MiCA Compliance: A Step Towards Sustainability
Cardano recently introduced new eco-friendly metrics to comply with the MiCA regulations in Europe. This move comes as the second phase of MiCA implementation for crypto asset providers is set to begin in six...
New IRS Cryptocurrency Tax Rules Explained – CoinJournal
The IRS has recently introduced new tax reporting rules for cryptocurrency brokers, which are set to take effect in 2025. This framework requires crypto brokers, hosted wallet services, and digital asset outlets to file...
