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The price of Loom Network’s native LOOM token has seen significant gains over the past week, surging over 55% to $0.2667. This marks the highest price LOOM has reached since its all-time high of $0.6834 in early 2018. Loom Network is a layer-2 scaling solution originally built for Ethereum (ETH) that has
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“From staking and lending, people can obtain certain gains, and those gains are interesting from the tax perspective,” Luis Calvo-Parra Martínez, an official from the tax arm of the European Commission, told the same event, adding that “it would be good for legal certainty to have a legal definition for
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Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks “strong confirmation” of new upsideData from Cointelegraph Markets Pro and TradingView showed BTC price action continuing to hover around $30,000.A second day of
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Australian-based cryptocurrency exchanges have lined up to quash contagion fears after the payments provider for Binance Australia was told to offboard the exchange, though some have warned risks still loom.On May 18, Binance Australia told users that Australian dollar services were suspended after its payments partner Zepto was told by
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Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an “unregistered security” and ordering Paxos to stop minting new tokens.Do these moves signal a wider war by U.S. regulators on
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A new Senate grouping is needed to educate lawmakers about the risk of crime using virtual assets, the Centrist Union’s Nathalie Goulet told CryptoX. Source
Read MoreAccording to available information at press time, sources show a highly uncertain future for the Loom Network, a platform-as-as-service blockchain project.Cryptox investigated a number of Loom Network communication channels, finding no firm proof of a live project. A May 8 tweet from Bruno Skvorc, owner of blockchain and cryptocurrency education platform,
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