How ‘naming collisions’ threaten the promise of Web3
What are ‘naming collisions,’ and why will unique user-owned identities play a pivotal role in Web3’s future success? Matthew Gould explains.
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Indian crypto exchanges may lose US$1.2 trillion of trade volume in next four years: research
India’s current cryptocurrency tax structure “may lead to a loss of approximately US$1.2 trillion of local exchange trade volume in the next four years,” according to research by Esya Centre, a technology policy think tank in India.
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Crypto payments firm Wyre reportedly shutting down amid market downturn
Cryptocurrency payments company Wyre is reportedly shutting down operations by the end of January, amid the broader crypto market downturn following the fall of FTX
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Alameda Research transfers spark suspicions as SBF denies involvement
Top blockchain and crypto news: Where is Alameda Research’s money going? US tax loophole may give crypto investors a break. China’s blockchain momentum builds.
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Markets: Bitcoin, Ether rise; Solana surges 18% as new dog coin spikes interest
Bitcoin and Ether rose in Wednesday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies. Solana led gains with an 18% surge, followed by Cardano and BNB.
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Crypto, digital assets account for 69% of online investment scams in Hong Kong
The Hong Kong Police received 1,503 online investment scam complaints over the first 10 months of 2022, 70% were related to cryptocurrencies.
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Binance declines comment on speculation it may buy South Korean crypto exchange GOPAX
Binance declined to comment on reports in local media that it is in late stage talks to acquire South Korean digital asset exchange GOPAX.
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Magic Eden NFTs display explicit content, ‘Big Bang Theory’ images
Images on Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, displayed pornographic content and popular sitcom series “The Big Bang Theory” on Tuesday Asia time instead of users’ NFTs.
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Sam Bankman-Fried pleads not guilty to fraud charges in FTX exchange collapse
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange that collapsed in November with billions of dollars in investor funds missing, pleaded not guilty to charges of fraud on Tuesday in New York.
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Markets: Bitcoin, Ether inch up, XRP leads gains in top 10 cryptos
Bitcoin and Ethereum prices inched up in Tuesday afternoon trading in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. XRP led gains at 3.22%, followed by Polygon at 1.76% and Litecoin at 1.74%.