NEAR Foundation, Forkast shortlist 20 Women in Web3 for inaugural Changemakers list
Ten winners will be selected by public vote, which will end on August 29.
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More than half of Indian crypto investors want to increase investments: report
Over 50% of Indian crypto investors intend to increase their investments over the next six months as they view the asset class as a long-term investment rather than hype, according to a report by cryptocurrency exchange Kucoin. See related article: Most Indian traders impacted by India’s crypto tax: survey Fast facts While 56% of crypto…
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Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens
Bitcoin made up some ground, while Ethereum posted the largest gain among the top 10 coins by market capitalization in Tuesday afternoon trading in Asia. Dogecoin was the second-largest gainer among the top 10. See related article: Markets: Bitcoin, Ether mixed; Solana hit six-week low overnight, Dogecoin dips Fast facts Bitcoin gained 0.62% in the…
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Australia’s crypto industry split on Treasury’s ‘token mapping’ scheme
The Treasury Department says its plan for how to regulate cryptocurrencies is unlike anything else in the world, but the country’s crypto industry isn’t sure that’s a good thing.
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Tencent gets patent nod to use blockchain for missing persons’ notices
Chinese tech giant Tencent has received a patent for blockchain-based notices for missing persons, as the tech firm continues to explore blockchain applications despite shutting one of its non-fungible token (NFT) platforms recently. See related article: Tencent’s Huanhe allows NFT refunds, halts further sales Fast facts Tencent’s design could enhance the efficiency of publishing such…
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Hodlnaut owes US$200 mln debt to 17,000 creditors: report
The Singapore and Hong Kong-based Hodlnaut has a funding gap of about US$193 million, and potentially 17,513 creditors, crypto media outlet The Block reported citing an affidavit the troubled crypto lender filed with the court last week. See related article: India authorities freeze Vauld exchange’s assets worth $46.5 mln Fast facts See related article: Hodlnaut…
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S. Korea tax authority says crypto airdrops subject to gift tax: report
Virtual asset airdrops could be subject to gift taxes in South Korea, local publication Yonhap News Agency reported on Monday, citing tax authorities. See related article: S. Korea’s 20% crypto tax delayed by two more years Fast facts In response to a tax law interpretation inquiry, a government official said recipients of free virtual asset…
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Celsius ‘withhold’ account depositors lawyer up to seek claims
Another group of claimants against bankrupt crypto lender Celsius Network LLC is banding together to retain legal representation and seek to form an ad hoc group in bankruptcy hearings to get their money back. See related article: Celsius says it owes its users US$4.72B amid a US$1.19B balance sheet deficit Fast facts See related article:…
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Uniswap blocks over 250 wallet addresses from front end in sanction compliance
Decentralized exchange Uniswap has appeared to block 253 wallet addresses linked to illicit financial activities on its front end after the U.S. government imposed sanctions on Tornado Cash earlier this month. See related article: Largest Ether mining pool Ethermine stops processing Tornado Cash transactions Fast facts DeFi platform Yearn developer Banteg tweeted on Saturday that…