Immutable to shut down NFT marketplace

South Korea's 'Blockchain' city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. 104 Total views 29 Total shares South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development.Sam Bankman-Fried’s FTX will assist in creating the…

Crypto under the Christmas tree? A recent survey found that more than a quarter of Aussie crypto users plan to buy crypto-centric gifts this festive season. 919 Total views 20 Total shares More than a quarter of Australian crypto users surveyed in October plan to use digital assets as a part of their Christmas presents…

Last month, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The IRS has begun sending letters to taxpayers with digital currency transactions that potentially failed to report income and pay the resulting tax from digital currency transactions or did not report their transactions properly.  Those who…

DeFi protocol Loopscale has recovered nearly half of the funds stolen during a major exploit over the weekend, as white hat negotiations with the attacker show signs of progress. In an April 29 update posted to X, Loopscale confirmed that approximately 19,463 Wrapped SOL (WSOL) (worth roughly $2.88 million) have been returned to its wallets

Markets put the ETF rejection behind them as BTC price action retains higher levels through the weekend. 1992 Total views 12 Total shares Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhat ETF rejection?Data from…

The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide. 149 Total views 2 Total shares The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles”

The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume. Combined global peer-to-peer (P2P) Bitcoin trading volumes have surged to their highest levels since January 2018, with nearly $95 million worth of Bitcoin (BTC) changing hands on Localbitcoins and Paxful in the first week of August.The…