South Korean City of Cheongju To Confiscate Crypto from Tax Evaders.
The city officials asked crypto exchanges to investigate the holdings of 8,520 individuals. The local government claims that crypto is being used more often to hide wealth. It has been…
Binance US Teams Up with MoonPay to Restore USD Flow.
Binance US collaborates with MoonPay to restore USD transactions. Binance US encounters access issues to USD ramps due to severed banking ties.Binance US faces heightened regulation, prompting the need for…
BRICS Working on Massive Expansion Agreement With Many Interested Countries Looking to Join.
The economic coalition of BRICS is nearing an agreement to expand its membership in the face of flooding interest from other nations, an insider reports. South Africa’s Ambassador to BRICS…
Coinbase Partners With Circle With Robust Investment and Support for Stable-coin.
Circle will launch six new blockchains between September and October.Centre will no longer exist as a stand-alone entity. Coinbase, the leading crypto exchange, is increasing its support for stablecoins with…
Bitcoin Price Consolidates as Further Decline Looms
The 14-day RSI for Bitcoin has touched the 20 level, indicating that the price is oversold. Bitcoin is trading at $26,045 as per data from CMC and is down 11.33%…
Shibarium Nears Public Reopening With Scaling Upgrades
Shytoshi Kusama claims that Shibarium is now improved and optimized.New features are being added to Shibarium to make it more scalable.On Tuesday, Shibarium’s primary developer, Shytoshi Kusama, said that the…
ETH Investors Worry as Bears Take Charge
Ethereum faces a prolonged bearish trend, testing investor resilience. Analysts warn of potential heavy correction, with $1,000 as key target.The crypto market is currently dominated by bears and one of…
Bitcoin Developers Fight Back at 111K BTC Craig Wright Lawsuit.
A group of Bitcoin devs are fighting back against a lawsuit brought by Wright’s crypto company claiming ownership of a large amount of BTC. On Aug. 21, lawyers representing 12…
Avalanche’s Token Unlock to Release $103M Worth of AVAX
Avalanche will unlock the 9.54 million tokens on August 26. 53% of AVAX’s total supply has already been unlocked.Avalanche (AVAX), a smart contract blockchain platform, is all set to make…
Optimism Rise By 5% Despite Market Crash.
Optimism (OP) experienced a rally of 5%, propelling its price to $1.79. A surge in active addresses, hitting 22.9K, highlighted Optimism’s (OP) most promising day in 2023. In the midst…