Japan considers implementing tax reforms to prevent capital flight of crypto startups
According to local news outlet Yomiuri, Japan's Financial Services Agency is considering amending the virtual currency taxation system for corporate...
Blockchain News
MTV adds Metaverse award category: Nifty Newsletter, Aug 17–23
In this week’s newsletter, read about how the Metaverse is a catalyst for nonfungible token (NFT) adoption. Check out how...
China begins next phase of CBDC testing with e-CNY payment for public transport
According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge – Blockchain Bitcoin News
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as...
FTX revenue reportedly grew 1000% in one year, leaked documents reveal
FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when...
Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License – Blockchain Bitcoin News
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual...
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’
As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize...
How can DAOs involve fans in filmmaking? Expert answers
As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs)...
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor...
Bank of China unveils new e-CNY smart contract test program for school education
According to local news outlet Sohu.com, on Tuesday, the state-owned Bank of China announced a new program to bridge primary school...
Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ
According to a Sunday Twitter post by Binance CEO Changpeng Zhao, also known as CZ, only about 50 out of...
Velodrome recovers $350K stolen funds from team member Gabagool
Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned...
Top 5 misconceptions about the anticipated Ethereum upgrade
The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and...
Number of People Working in Blockchain Industry Went up by 76%, Large Gap in Demand for Technical Talent Exists – Blockchain Bitcoin News
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study...
Hacks call for better defense mechanisms
2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more...
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
It's a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald...
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry – Blockchain Bitcoin News
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes...
Circle freezes blacklisted Tornado Cash smart contract addresses
According to crypto data aggregator Dune Analytics, on Monday, Circle, the issuer of the USD Coin stablecoin (USDC), froze over...
Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum – Blockchain Bitcoin News
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint...
What is a decentralized money market and how does it work?
The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an...
Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund – Blockchain Bitcoin News
Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is...
Meta enables Instagram NFT integration in over 100 countries
According to a Meta newsroom post updated on Thursday, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) expansion...
