Crypto Biz: Consolidation ramps up among crypto firms

Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

From June 25 to July 1, the Russian government held a public vote with the goal of finding out whether the country’s constitution should be amended. Part of the vote was held on blockchain to “ensure security and transparency,” according to the government, making it the country’s most extensive DLT project to date.But this didn’t…

Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators.There’s a fundamental shortage of United States dollars available relative to the overall demand when the sector encounters certain market…

The Korea Blockchain Association wants the government to postpone the implementation of its new tax framework until 2023. 391 Total views 1 Total shares The Korea Blockchain Association has called for the government’s new 20% crypto trading tax plan to be delayed for another two years.According to an Oct. 14 report from News1 Korea, the…

The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14. European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry…

The ongoing exploit has already netted the attacker nearly $20 million in digital assets.

The exchange’s app was also the third most downloaded on the U.S. Apple App Store last week, but has since fallen to 20th. 1205 Total views 14 Total shares Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories.According to the most recent list…

The high court will now decide whether to declare the 'crypto bill' unenforceable or to approve it with modifications. 272 Total views 3 Total shares Own this piece of history Collect this article as an NFTPanama's crypto bill saga has reached a new chapter, with the country's Supreme Court deciding the future of the local…

Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period. 266 Total views 3 Total shares Own this piece of history Collect this article as an NFTInternational Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office"…