Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids.
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Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops
South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines.
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What’s going on with Cardano’s testnet and Vasil hard fork?
The issues surrounding the Cardano Vasil hard fork have been “incredibly corrosive and damaging,” according to founder Charles Hoskinson, who’s looking to put the controversy to an end.
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BTC miners exit capitulation — 5 things to know in Bitcoin this week
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event.
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Average Bitcoin transaction fee drops under $1 as network difficulty recovers
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty.
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Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto farm. Altai Resident Apprehended for Running Underground Crypto Mining Operation An […]Powered by WPeMatico
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue.
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Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the […]Powered by WPeMatico
Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now
The 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.
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Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group.
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