Indian Investor Committed Suicide After Losing Money on Bitcoin (Report)
The man’s body was found floating in a river ten days after he had gone missing.A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy…
UK Treasury Will Consult on DeFi Taxation: Report.
The proposed regulatory changes aim to reduce the “administrative burden” for taxpayers.The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The…
Terra Classic Team Reveals Revised Q2 Strategy and Goals.
The development team is aiming to implement the Cosmwasm v1.1.0 update (parity) in May.The v2.0.0 update to the mainnet network is scheduled for May 17.On Saturday, the Joint L1 Task…
OKX Integrates zk-STARK Technology in Its Proof of Reserves.
Users will now be able to independently validate that their assets are backed by reserves.The approach ensures the legitimacy of OKX’s PoR without compromising user anonymity.The Proof of Reserves (PoR)…
Bitcoin Mining Firm Bitfarms Achieves New All-time High Hashrate.
A hashrate of 5 exahash per second was reached on Thursday.The company attributes the record high to increased output from its Argentina farm.Bitfarms, a firm that mines for Bitcoin has…
Elon Musk Introduced New Twitter Initiative Compensating Creators
Content providers on Twitter can now get compensation for their posts.Users will have access to the creator’s private material that is otherwise unavailable.Elon Musk, CEO of Twitter, has announced yet…
Jack Dorsey’s Block Develops High-Performance Bitcoin Mining ASIC.
On April 28, 2023, the corporation updated its website with the news.Earlier in March, Intel said it would no longer manufacture Bitcoin mining ASICs.The prototype design of a high-performance Bitcoin…
ChinaBank Partners With QNB To Enable Remittance Using Ripple’s ODL.
Both banks may allow immediate XRP payments via Ripple’s On-Demand Liquidity (ODL). ChinaBank has said that the partnership’s overarching goal is to better serve Filipinos.ChinaBank, a Philippine banking institution, has…
The De-Dollarization is Happening Fast: Circle CEO.
The SVB collapse that briefly caused USDC to de-peg from the dollar has only shaken confidence in the banking system, says Circle’s CEO.Jeremy Allaire, CEO of stablecoin giant Circle, spoke…
Doodles Launches New Digital Clothing Line and Airdrop for NFT Holders.
Doodles will allow NFT holders to customize their avatars down to the smallest detail. The firm has collaborated with Pharrell Williams and Adidas.Doodles has evolved from its original form as…