News
South Korea’s new president delays crypto taxes in favor of consumer protections
The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections. South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer...
Crypto.com (CRO) slumps 30% as staking rewards are slashed
The world’s sixth-largest exchange has shot itself in the foot by announcing substantial reductions in rewards for its Visa cardholders, causing CRO price to tank. Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA...
Solana suffers 7th outage in 2022 as bots invade the network
NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours. The Solana (SOL) network suffered a seven-hour outage overnight between April 30 and May 1 due to a...
Is Web3 like playing Minecraft?
Web3 is coming. Are you ready for it? Use the newest version of the internet and expand your whole online experience. How to use Minecraft to understand Web3?Minecraft makes the transition from analog block building to an immersive gaming experience rather easy and...
Making crypto conventional by improving crypto crime investigations worldwide
Law enforcement needs to be better educated — alongside regulators and policymakers — to truly make a difference and unlock further crypto mass adoption. When times are tough — as in the pandemic — enterprising human nature goes into overdrive. People seek out...
VeChain can be used as payment in 2M stores — and VET bridged to BNB chain
VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use...
Plan for $1M bug bounties and double the nodes in wake of $600M Ronin hack
The Ronin Network and Sky Marvis are significantly upgrading their security measures after they vowed to ensure a hack “never happens again.” The Ronin Network and Sky Mavis have vowed to upgrade their smart contracts, offer lucrative bug bounties and ramp up security...
Former Jefferies FX brokers launching institutional crypto exchange
Crossover Markets Group Inc. is being launched by two former Jefferies FX brokers, and aims to make a splash in the institutional crypto investment scene. Two former Jefferies Financial Group executives are set to launch a new cryptocurrency exchange designed for...
Sustainable energy usage for BTC mining grows nearly 60% in a year
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain. Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry...
What is impermanent loss and how to avoid it?
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools. How to avoid impermanent loss?Liquidity providers cannot avoid impermanent loss completely. However, they can use some...