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Industry Grows Lobbying Efforts as U.S. House Takes Up Crypto Tax Proposal (Opinion)

With the gargantuan $1 trillion U.S. infrastructure bill in parliamentary limbo, the fate of the crypto tax proposal tacked onto it remains in question. Meanwhile, the cryptocurrency industry is getting organized with a new sense of urgency to lobby and campaign. The Senate has passed the trillion-dollar bipartisan infrastructure package without an amendment hoped for by cryptocurrency industry stakeholders and blockchain-friendly delegates in Congress. But the fate of the...

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Research: Possible Wash Trading Within NFT Trading Activity

Amid the recent boom within the NFT Industry, a new study reveals that not all of the hype around the digital assets may be legitimate and could even show signs of wash trading. Nansen’s Analysis of the Industry The non-fungible token sector took the cryptocurrency world by storm this year and quickly expanded beyond it. NFTs reached mainstream media, businesses, prominent sportspeople, musicians, actors, and more. The rapid growth resulted in skyrocketing trading activity....

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Plugnet Launches Ottó Blockchain to Help Build Next Gen DeFi Apps

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

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ABEYCHAIN Launches XSWAP: Decentralized Exchange Trading Platform

[Featured Content] Hot on the heels of launching the ABEYCHAIN 2.0 blockchain in May, ABEY Foundation, a non-profit firm dedicated to supporting and fostering its adoption, is entering the DeFi sector with its decentralized exchange. XSWAP is designed to enable DeFi users to explore core products within a secure platform. The DEX comes with different products, including yield farming, staking, lending, and borrowing. Users can easily swap between tokens with low gas costs....

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Hacked Exchange Liquid Global Secures $120M Debt Finance from FTX

Recently hacked Japanese cryptocurrency exchange Liquid Global has secured a $120 million debt financing from Sam Bankman-Fried’s FTX exchange. According to an official statement by Liquid, the recent funding is part of efforts by both parties to pursue other collaborative opportunities that will contribute immensely to the global cryptocurrency ecosystem. Seth Melamed, COO of Liquid, said the firm’s joint venture with FTX is vital in delivering top-notch services and...

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Fox Invests $100 Million in Blockchain Firm Eluvio

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

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Indian Regulator Set to Roll Out Blockchain System for Monitoring Financial Instruments

India’s securities and commodity market regulator, the Securities and Exchange Board of India (SEBI) has revealed intentions to increase the use cases of blockchain technology in monitoring financial instruments in the country. Indian Regulator to Adopt Blockchain Next Year In a press release published on the regulator’s official website, SEBI announced it is currently making plans to launch a new platform for “Security and Covenant Monitoring” of non-convertible securities...

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TRON Partners with E-commerce Platform Shopping.io to Allow Purchases With TRX 

Leading cryptocurrency e-commerce platform Shopping.io has continued to onboard several big names in the financial services industry as it makes another landmark move today. This time, it has collaborated with Justin Sun’s blockchain project – TRON. Shopping.io Integrates TRON Shopping.io revealed Wednesday that it had completed a partnership deal with TRON, a  popular blockchain project dedicated to building a truly decentralized Internet, to establish its position as a...

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ENTER Art Fair 2021 And SpaceSeven Unveil The Nordic’s First NFT Marketplace Powered By Concordium

[PRESS RELEASE – Zurich, Switzerland, 25th August 2021] ENTER Art Fair 2021 is Scandinavia’s most important international art event. As global attention has recently shifted to digital art, or NFTs, the organizers want to incorporate that technology into this year’s event. With the help of IT technology company Texans and the first Nordic marketplace for NFT art SpaceSeven, that vision will become a reality. For Space Seven, this is a significant ordeal. The Nordic’s first...

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Netcoins.ca Renews Commitment to Security in Wake of Major Bitcoin Theft

[PRESS RELEASE – Vancouver, Canada, 25th August 2021] In light of recent news stories, Netcoins.ca (Netcoins), has renewed its efforts to provide the most secure cryptocurrency transactions. Multiple news stories, including this Newsweek article, tell the story of the theft of over $600 Million in cryptocurrency. In response, Netcoins will be working with its partners, BitRank & QLUE, to make sure their customers are safe using the latest in blockchain analytic and...

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