The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members. Even though one of the stars of the show is a talking robot, human interaction was still the highlight of the recent Blockchain Economy Dubai Summit 2022 held at Le Meridien Dubai Hotel and...Continue Reading
Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses. Three economists were awarded the Nobel Prize in economic sciences on Oct. 10 for their discoveries which are said to have improved “how society deals with financial crises.” Ben Bernanke,...Continue Reading
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions. In another round of investments in the crypto space, Singapore-based crypto bank MinePlex has secured $100 million from digital asset investment firm GEM Digital Limited (GEM), aimed at closing the gap between digital assets and traditional...Continue Reading
The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now. The Web3 Foundation and the global online learning platform edX launch a series of foundational courses in blockchain technology and the Polkadot platform. The four-part series, called Web3x, will cover the fundamentals of...Continue Reading
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition. Long considered a cryptocurrency tax haven, Portugal’s government has proposed a 28% tax on capital gains from cryptocurrencies held for less than a year. The 2023 State Budget document published on Oct. 10...Continue Reading
Investor cost basis narrowly escapes a support/resistance flip as traders diverge over whether Bitcoin has really bottomed. Bitcoin (BTC) wicked below $19,000 on Oct. 11 as crucial support saw its first test in a week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC shorts “priority” on low timeframes Data from Cointelegraph Markets Pro and TradingView...Continue Reading
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. Last week, the European Union appeared to be rather busy with making decisions that could define the future of the crypto industry. First of all, 566 out of 705 members of the European Parliament voted...Continue Reading
The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption. Binance and tech investor Sequoia Capital are reportedly still backing Tesla CEO Elon Musk’s $44 billion takeover bid of social media platform Twitter. Sequoia Capital already committed...Continue Reading
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year. A nonfungible token (NFT) purchased for 188 Ethereum (ETH) at a cost of $623,000 in 2021 by American YouTuber Logan Paul saw a dramatic...Continue Reading
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. As the Web3 industry matures, Zero-knowledge Know Your Customer (zkKYC) is becoming more widely discussed as a means to comply with strict financial regulations while maintaining user privacy, according to the partner of a venture capital firm....Continue Reading
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