The European Union has recently passed a new law that obligates companies dealing in cryptocurrencies to share information about their clients’ holdings with tax authorities. This move aims to enhance transparency and oversight in the crypto market, ensuring compliance with tax regulations. The directive covers various aspects, including stablecoins, non-fungible tokens (NFTs), e-money tokens, and […]
AI Startups AI startups in Silicon Valley secure an incredible $17.9 billion in funding, surpassing other tech sectors during uncertain times. Global investments in AI companies surged by 27% in the third quarter, even as overall startup deals fell by 31%. Kong, a software communication management firm, embraces the AI trend while maintaining profitability amidst […]
Lido DAO has decided to terminate its project on the Solana blockchain following a recent community vote. The team behind the Lido on Solana protocol cited financial constraints as the main reason for this decision. The winding down process is expected to take place gradually over the next few months. Holders of stSOL tokens have […]
Coinbase, a popular U.S.-based cryptocurrency exchange, has taken steps to improve liquidity on its platform by removing several trading pairs. This move is in line with their strategy to enhance the overall health of the market and consolidate liquidity. On October 16, 2023, Coinbase suspended 80 trading pairs that did not involve the U.S. dollar […]
A group of Japanese companies will issue a digital currency in July 2024 for transactions and settlement of green energy certificates. This information was conveyed by the DeCurret cryptocurrency exchange to us, October 12, 2023. GMO Aozora Net Bank will issue a yen-based digital currency, called “DCJPY”, which will operate on the network launched by […]
Manta Pacific is making a big shift to a new technology called Polygon’s zkEVM Layer 2. This move is aimed at making transactions faster and more secure, setting the stage for easier development of certain types of apps and allowing different blockchains to work together more easily. Why the move to Polygon CDK? Manta Pacific […]
Bitcoin’s price recently surged past $28,000, experiencing significant gains. The world’s leading digital currency reached an intraday high of nearly $28,600 around 6 p.m. EST, but it later dipped to just below $28,300. Several factors influenced these price movements, with a fake news report being a notable one. A false report from Cointelegraph’s Twitter account […]
Barcelona’s CCCB is currently hosting an AI exhibition that merges art, science, and technology, showcasing the profound impact of artificial intelligence on our daily lives. The exhibition, curated by Lluís Nacenta and guided by BSC researcher Jordi Torres, offers an immersive experience, delving into AI’s diverse roles and the critical debates that define its future. […]
Introduction: In the ever-evolving landscape of cryptocurrency, Bitlink Exchange stands out not just as a trading platform but as a dynamic gateway to a global community where the spirit of innovation in digital currency thrives. This article delves into the unique features and accomplishments of Bitlink, emphasizing its role in shaping a decentralized financial future. […]
A recent development in the cryptocurrency sector has seen a significant twist in Pennsylvania’s legislative efforts. The state’s proposed two-year ban on crypto mining permits has been removed from the bill, causing a stir. Representative Greg Vitali, who sponsored the bill, stated that the alteration was influenced by pressure from trade labor unions. The Pennsylvania […]