The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first. The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has...Continue Reading
A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support. Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...Continue Reading
With the use of blockchain explorer or by retrieving it from the smart contracts that manage them, you may locate the metadata for your NFTs. Individually identifiable digital representations of blockchain-based tangible or intangible objects called nonfungible tokens (NFTs) are not typically divided into smaller parts. Instead, structured metadata related to actual or virtual things...Continue Reading
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences. It’s not every week that regulators from both sides of the Atlantic ocean come together to discuss cryptocurrencies. But that’s what happened last week, with European and American counterparts sharing their thoughts on stablecoins, central bank digital...Continue Reading
A Bitcoiner in Costa Rica had a “win-win” experience when he went on holiday and only spent Satoshis (Bitcoin) while traveling along the pacific coast. Passport, sunglasses, beach towel, Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world’s largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid...Continue Reading
Saxo Bank founder Lars Seier Christensen told Cointelegraph that in the coming years, new business models will be invented because of blockchain. While the cryptocurrency prices are calm and investor interests remain low, blockchain’s potential to transform and disrupt industries keeps attracting those eager to build regardless of digital asset prices. Lars Seier Christensen, founder...Continue Reading
The fee mechanism of DOGE was improved with the inclusion of this upgrade: Dust limits for all network participants have been lowered from 1 DOGE to 0.01 DOGE. The developers of the Dogecoin (DOGE) project have released a new update for the core software, which improves security, efficiency and user interface. This latest update, Dogecoin...Continue Reading
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations. As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial Bank (SCB), was set to acquire...Continue Reading
The ACCC is using a countermeasures service from the U.K.-based Netcraft, which has been providing a similar service to the U.K.’s National Cyber Security Centre. Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens of scam sites, including crypto scams,...Continue Reading
Delphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience.. Crypto research firm Delphi Digital has outlined possible ways in which gamers may accept NFTs as part of their gameplay experience, such as using the tech for additional aspects that don’t impact...Continue Reading
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