Tag: Cryptocurrency News

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US Congress introduces 50 digital assets bills for blockchain regulations

After careful consideration, the US Congress has expanded on its intention to regulate cryptos and other digital assets. In several large economies, the legal...

Court Documents Reveal Do Kwon Liquidated Terraform Labs Before the LUNA Crash

The harrowing story of the crash of the Terra LUNA and TerraUSD (UST) stablecoins — referred to by a few as the Lehman Brothers...

The Ethereum merge could finally take place in August

Don't get your hopes up, but Ethereum's transition to Proof of Stake could happen this August. What are people at Ethereum saying?  On a discussion at...

Coinbase Establishes Global Crypto Think Tank to Shape Policies and Debates

As the cryptocurrency ecosystem faces severe scrutiny and investigations from state authorities and media, crypto trading platform Coinbase is trying to come up with...

South Korean Authorities File $78.5 Mn Lawsuit Against Terraform Labs

Terraform Labs, the parent company of stablecoins, Terra LUNA and TerraUSD/UST, is under severe scrutiny by the South Korean National Tax Service for tax...

Did Stablegains lose $ 42 million of user funds in UST?

A Twitter user FatmanTerra has revealed that a DeFi firm promised its users in its terms that they would invest their money in stablecoins...

Russia might legalize cryptocurrency as a form of payment

Moscow seems to be changing its stance and will include cryptocurrencies in its financial systems as a legal tender. 'Either Now Or Later' On Thursday, Denis...

Quik.com introduces .Metaverse NFT Domains: Minting is now live

NFTs, Web 3.0, and blockchain are all the new trending buzzwords when we talk about the next generation of the internet. We have been...

Chinese Authorities to Prosecute eight Alleged Masterminds behind the MDC pyramid scheme

According to a local report, authorities in China's Rong County, Zigong City, recently prosecuted eight people accused of crafting and delivering the MDC virtual currency...

Indian government planning “reverse charge” GST on crypto investments done on foreign platforms

A reverse charge is a tax owed by the recipient of goods or services rather than the supplier. The burden of goods and services taxation (GST) will...

Cloudflare Starts Work on Next-gen Web3 Networks With Experiments on Ethereum Nodes

Cloudflare, a cybersecurity giant, is slated to activate and fully stake Ethereum validator nodes in the next months, ahead of Ethereum's highly anticipated migration...

Quik.com Launches Minting of Metaverse NFT Domains

NFT Domains Marketplace, Quik.com has launched the Minting of .Metaverse NFT Domains along with 9 other TLDs. NFT domain names are becoming the new...