Cryptocurrency Analysis and News Portal
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion. But that’s
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The ruling People Power Party said that it would launch an internal task force to investigate Kim's cryptocurrency transfers on Monday. Rep. Yun Chang-hyeon, who heads the special committee on digital assets will head the task force, along with Rep. Kim Sung-won. Source
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According to data by crypto intelligence firm Arkham Intelligence, Celsius transferred some 40,928 ETH to a crypto wallet spread through fourteen transactions between May 10 and May 12. The account is owned by Figment, who deposited the funds into staking contracts, according to Ethereum blockchain explorer Etherscan. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A bankruptcy judge has ruled that transfers made as of November 10, 2021 by the cryptocurrency firm BlockFi are void. Therefore, the customers who attempted to retrieve almost $300 million in crypto following the freezing of transfers
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The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer. Source
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Rep. Kim Nam-kuk of the Democratic Party of Korea has allegedly withdrawn a massive 800,000 WEMIX tokens in the period between late February to early March 2022, just before the introduction of the global standard-setter FATF’s travel rule on March 25, 2022. In the latest development, South Korean authorities have
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Rep. Kim Nam-kuk of the Democratic Party of Korea allegedly withdrew 800,000 WEMIX tokens from late February to early March in 2022, and the transactions were reported to the Financial Services Commission's Financial Intelligence Unit (FIU), according to CryptoX Korea. Kim's WEMIX holdings stood at 6 billion won ($4.5 million)
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An address linked to the 2021 AnubisDAO rug pull has reportedly moved another 3,000 ethereum (ETH) valued at about $5.9m via Tornado Cash, a token mixer. AubisDAO attacker moving funds to Tornado Cash According to a May 6
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Kenya's lawmakers are considering the introduction of a 3% tax on cryptocurrency and nonfungible token (NFT) transfers and a 15% tax on monetized online content, according to a newly introduced bill.Introduced to the Kenyan parliament on May 4, The Finance Bill, 2023 would enact a digital asset tax on “income
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"Digital asset” includes anything of value that is not tangible and cryptocurrencies, token codes, and numbers held in digital form and generated through cryptographic means or otherwise, by whatever name called, providing a digital representation of value exchanged with or without consideration that can be transferred, stored or exchanged electronically;
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