Coinbase Has Set Date for Base Mainnet Launch, Addresses Token Rumors
Over 100 ETH and $125,000 in grants are available to those who start building on Base this month. Crypto exchange Coinbase has revealed its launch date for Base – the…
Hong Kong to Approve First Compliant Exchanges for Crypto
Hashkey will become the city’s first licensed Compliant Exchange for Crypto. Livio Weng, Hashkey Group COO, tweeted that a good card is coming.The Hong Kong Securities Regulatory Commission will approve…
XDC Hits One-Year High and Pump 300% in the Bear Market.
XDC price reached its highest level since January 2022. The XDC token defies market decline and surges 35.54% in a day to reach $0.86.Singapore-based XinFin Network native cryptocurrency XDC has…
FTX Didn’t Speak Up About Exchange Reboot Plans, Say Creditors
Creditors say FTX’s proposed restructuring plans are mere “ideas,” and were not formally negotiated.Lawyers representing FTX’s creditors said they weren’t filled in on a recently proposed plan to revive the…
Outrageous 1.41 Billion Terra Luna Classic (LUNC) Recently Burned by Binance.
Binance delivered 1.41 billion Terra Luna Classic (LUNC) tokens to the burn address.2.65 billion Terra Luna Classic tokens were burned by Binance in July.In the 12th round of the LUNC…
Kenya Suspends Worldcoin’s Activities Amid Data Security Investigation
Worldcoin has introduced an iris-scanning-based worldwide identification mechanism.According to CMC, the token’s price has increased by 4.57% n the last 24 hours.On Wednesday, the Kenyan Ministry of the Interior announced…
IRS Demands a Slice of Staking Rewards Under New Tax Reform.
IRS Demands a Slice of Staking Rewards Under New Tax Reform DEFI NEWSEarnings in cash, kind, or via stakes are all included in the definition of “gross income.”Internal Revenue Service…
FTT Pumps 15% Amidst FTX Revival Plan
FTX.com, a previously defunct crypto exchange, has filed a Reorganization proposal with the U.S. Bankruptcy Court. The FTX.com restart would only be available to offshore customers.Following the announcement, FTT token…
Binance Receives First MVP License by Dubai’s Regulator VARA
Binance FZE will now be able to offer services to eligible institutional and retail investors. MVP comes before a product is considered an FMP (full-market product). Virtual Assets Regulatory Authority…
Blockchain Technology to Further Boost Cross-border Payments
Around 300 financial experts were polled across 45 nations by Ripple and FPC.Blockchain tech may save about $10B in cross-border payment expenses.In research released on July 29 by Ripple, a…