ShapeShift creates FOX Foundation as intermediary for successful DAO transition
The entity will be dissolved upon the completion of ShapeShift’s decentralization process. Go to Source Powered by WPeMatico
Cryptocurrencies
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Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by … Read more
Crypto giants co-launch Chainabuse platform to water down rising scams
Chainabuse allows crypto users, victims of financial crimes, and crypto businesses to report, discuss and issue warnings actively and ultimately reduce the effectiveness of the scam. Go to Source Powered by WPeMatico
Two credit card firms in Israel to let cardholders buy Bitcoin
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card. Go to Source Powered by WPeMatico
New survey sheds light on people’s concerns about investing in crypto
18% of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer. Go to Source Powered by WPeMatico
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their tax returns. Australian Taxpayers Warned They Should … Read more
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery. Go to Source Powered by WPeMatico
Crypto users react to Terraform Labs legal team purportedly leaving company
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money. Go to Source Powered by WPeMatico
Ethereum analytics firm Nansen acquires DeFi tracker Ape Board
Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. Go to Source Powered by WPeMatico
Global financial regulators will discuss crypto at G7: Report
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. Go to Source Powered by WPeMatico