Ripple’s XRP sales increased over 90% in 1Q 2021
XRP sales by Ripple accounted for 0.07% of global XRP volume. Ripple says its sales were to support on-demand liquidity customers.
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High-end Miami condos to be city’s first flats with crypto price tag
Developer of Arte by Antonio Citterio partners with blockchain platform to allow buyers to pay with cryptocurrency. Sapir Corp, the developer of the Surfside district condominium, has teamed up with blockchain and securities trading platform SolidBlock to allow buyers of the luxury residences to purchase them using cryptocurrency. The partnership between Sapir Corp and SolidBlock…
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Chia mining craze is causing massive hard drive shortages in China
The new self-proclaimed eco-friendly crypto leverages unused disk space — but Chia miners are buying out new hard drives and equipment instead.
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Seoul crypto exchange raided over alleged multimillion-dollar fraud
More than $200 million of assets seized from firm identified as VGlobal. South Korean police have raided a Seoul-based cryptocurrency exchange over an alleged multi-level marketing fraud. The exchange, identified as VGlobal, according to a report by Bitcoin.com, stands accused of stealing millions of dollars from investors. According to the Yonhap news agency, police raided…
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Report: 1.7 million DeFi users now on Ethereum, 50% more since Jan. 1
ConsenSys Codefi’s Q1 report on decentralized finance (DeFi) trends also saw 7x growth in stablecoins and predicts flashbots dominating the Ethereum network.
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South Korea to impose 20% capital gains tax on crypto in 2022
South Korea’s finance department on Wednesday announced a new rule imposing a 20% capital gains tax on cryptocurrency transaction gains starting in 2022. However, cryptocurrency investors are entitled to a tax deduction for expenses incurred during mining. The country’s Ministry of Economy and Finance explained cryptocurrency transaction gains exceeding 2.5 million won (about US$2,230) would…
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Crypto demand grows in Australia as rich families seek investment edge
Institutional interest propels cryptocurrencies into mainstream for wealthy investors looking to diversify portfolios. High net worth Australians are committing increasing sums in cryptocurrencies as digital assets move from the fringes of investment markets and become steadily more mainstream. Leigh Travers, executive director of technology investment firm DigitalX, says he has observed a growing trend toward…
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Nokia unveils blockchain-enabled marketplace for monetizing data exchange, analysis
Finland-based mobile phone manufacturer Nokia unveiled its blockchain-enabled Nokia Data Marketplace on Wednesday, said to offer monetized data exchange and analysis capabilities. In a statement, the company said the service would allow its partners from various industries to collaborate via private blockchain, leveraging AI and automated mechanisms in real time to address rapidly growing data…
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Ethereum and Dogecoin prices skyrocket. Andreessen Horowitz’s crypto talent search. Mastercard wants in on CBDCs.
Other top blockchain and cryptocurrency news: S&P Dow Jones launches Bitcoin and Ethereum indices. Will China crack down on more crypto miners?
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How Uniswap V3 and smartBCH seek to streamline DeFi, save on gas
The days of ‘DeFi’ being an insider buzzword are over. But gas fees remain high and the road bumpy. Will Uniswap V3 and smartBCH change anything?