Crypto news

Days before the estimated date of Ethereum’s transition to Proof-of-Stake (PoS), the protocol went through the last shadow fork. Ethereum research and engineering company, Nethermind, took it to Twitter to reveal that the network went through the last shadow fork before The Merge. Transition in Mainnet-Shadowfork-13 (the last shadowfork before The Merge) was successful for all Nethermind nodes! Transition in Mainnet-Shadowfork-13 (the last shadowfork before The Merge) was...

Joshua David Nicholas – a resident of Florida – pleaded guilty that he and other members of the cryptocurrency platform EmpiresX skimmed investors with $100 million worth of digital assets. He now faces a maximum penalty of up to five years in Federal prison. Last month, the US authorities brought to justice another criminal crew from the Florida region. The Miami citizens – Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza – might spend up to 30...

The digital asset exchange aggregator – Coincub – conducted a study to find out which countries offer the friendliest cryptocurrency tax policies to their citizens. Germany ranked as the world’s crypto tax heaven, while Italy and Switzerland were respectively second and third. Taking a look at the opposite corner, Belgium is the worst nation for cryptocurrency taxation, followed by Iceland and Israel. Interestingly, India (where the government applies a 30% taxation rate on...

League One Barnsley – a professional football club based in South Yorkshire, England – is looking to end a deal with a cryptocurrency company that featured the firm’s name on the players’ shirts. The company – known as Hex.com – is being accused of posting discriminatory and abusive social media posts. Barnsley Will Say Goodbye to Hex.com Barnsley has only been a partner of Hex.com for a few short weeks, and yet already the club is looking to step away from the company...

The battle for a crypto-based exchange-traded fund (ETF) is still occurring, and now it looks like Charles Schwab – one of the world’s largest financial institutions – is getting involved and earning a few winning marks in the process. Charles Schwab Is Getting Involved in Crypto Not long ago, Charles Schwab Asset Management announced plans for what it’s calling the Schwab Crypto Thematic ETF (STCE). The product will allow investors and clients of the institution to gain...

The first iteration of The Bitcoin Academy – Jack Dorsey and Jay Z’ (Shawn Carters) ‘s Bitcoin education program – has come to a close. After 12 weeks, the initiative ended by airdropping $1000 in Bitcoin to all participants who opted to receive a grant.  Jack and Jay Z’s Parting Gift As reported by Business Insider, the entire program, including the final airdrop, was personally funded by both Jay-Z and Jack Dorsey. Though it’s unclear exactly how many people received the...

As the crypto space continues to crash and burn, many lawsuits from unhappy investors that have likely lost thousands or even millions of dollars in the past few months are beginning to pile up. One of the most recent lawsuits to come to light is against Mark Cuban, a billionaire investor and crypto bull, and the basketball team he owns, the Dallas Mavericks. Mark Cuban May Be Headed for Court The team and Cuban are being sued for their promotion of Voyager Digital, a...

The White House Office of Science and Technology Policy (OSTP) has released a report examining the connection between distributed ledger technologies (DLT) and climate change.  The office determined that crypto’s relationship with the environment is a mixed bag. While acknowledging the positive impact that mining can have on grid stability and renewable development, it can also exacerbate “environmental justice issues” due to greenhouse gas (GHG) emissions and other...

INTERNET CITY, DUBAI, Sep. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed MetaZeus (MZS) on September 9, 2022. For all users of LBank Exchange, the MZS/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, MetaZeus (MZS) builds a global metaverse platform with full of luck and joy. Its native token MZS has been listed on LBank Exchange at 16:00 (UTC+8) on September 9, 2022, to further...

INTERNET CITY, DUBAI, Sep. 6, 2022 – LBank Exchange, a global digital asset trading platform, has listed GTraX (GTRX) on September 6, 2022. For all users of LBank Exchange, the GTRX/USDT trading pair is now officially available for trading. As a blockchain payments platform for global economic liberalism and justice, GTraX (GTRX) leverages the advantages of blockchain to help businesses to succeed through payment services with various currencies and low fees. Its native...