Ghana’s crypto stamps honor king’s Silver Jubilee

The proposal would effectively transfer control of WBTC to Threshold. 

Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space. 911 Total views 23 Total shares Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company…

Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas fees and slow transaction confirmations.Average Ethereum gas price. Source: EtherscanThis explosive rise in gas fees is leading users to look…

Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities.The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133).The announcement…

“We have increased the scope of the project and extended the timeline,” said ASX CEO Dominic Stevens. 342 Total views 9 Total shares The Australian Securities Exchange, or ASX, has delayed its switch to blockchain for the third time, citing complications due to COVID-19 and additional feedback from stakeholders. According to an Oct. 28 update from…

Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability.The latest data shows both narrowing profit margins and miners waiting longer to recoup their initial investment.Miner production cost faces off with BTC priceWhile Bitcoin miners have largely held off on major distribution as BTC/USD descends from all-time highs, the picture…

On Tuesday, the governor of Russia's Central Bank, Elvira Nabiullina, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a…