Category: Crypto News
South Korea To Tax Crypto Airdrop Recipients: Report
The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have t [...]
Morgan Stanley Says Tightening in the Crypto Market Has Paused
Last week was the first time since April that the market cap of the coins, cryptocurrencies whose value is tied to real-world assets such as gold or n [...]
USDC whale holdings percentage lowest in almost two years
The percentage of USD Circle (USDC) stablecoins held by major wallet addresses dropped to its lowest point in almost two years as the cryptocurrency m [...]
Correlation growing between crypto and equity markets in Asia, says IMF
Before the COVID-19 pandemic in Asia there was a strong division between the crypto and financial markets in general. Now, that border has got thinner [...]
Bitcoin's 10% Weekly Drop Puts Bears in Control Ahead of Jackson Hole Symposium
Powell will skew on the hawkish side at Jackson Hole, analysts said.
www.coindesk.com [...]
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major tradit [...]
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
Meanwhile, the researcher added that over 113,000 ether sent to Tornado Cash was additionally converted to renBTC, a token on the Ethereum network tha [...]
Australia to Use ‘Token Mapping’ as Framework for Crypto Regulation
“The great Web3 companies of tomorrow need the flexibility to be able to innovate today,” Holger Arians, CEO of Banxa, an Australia-based fiat to cryp [...]
BendDAO contract drained overnight with 15 ETH left to pay lenders
Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 WETH to pay lenders, an [...]
S. Korea mulls ‘gift tax’ for airdrops
The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subje [...]
What’s going on with Cardano’s testnet and Vasil hard fork?
Cardano founder Charles Hoskinson has continued to refute claims that the Cardano’s testnet is “catastrophically broken,” implying the need to finally [...]
BTC miners exit capitulation — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment.After dipping below $21,000 over the weekend [...]
Average Bitcoin transaction fee drops under $1 as network difficulty recovers
The average transaction fees on the Bitcoin (BTC) blockchain fell below $1 for the first time in over two years, further strengthening its use case as [...]
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since lau [...]
Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now
Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter.The [...]