Cointelegraph By Brian Newar
Crypto intelligence firm IntoTheBlock reports that the number of large transactions on the Cardano blockchain has increased by more than 50X this year. Large Transaction Volume (LTV) refers to aggregated volume from transactions denominated in Cardano’s native ADA token valued at more than $100,000. Since Jan. 1, LTV has...
The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country.The YouTube channel BITCOIN posted a video on March 29 of Poilievre saying that the people of Canada need “more financial...
Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program.Senator Wyden’s main concern stems from the perception that some crypto companies may be taking advantage of what he called “a lack of safeguards and...
South Korea’s reputation as a trend-setter and leader in technological research is quickly spilling into the blockchain realm as nonfungible token (NFT) adoption has skyrocketed in the small East Asian country.As of 2020, South Korea has been among the top-10 countries in the world in the Global Innovation...
The Russian Federation‘s energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.He said those countries could begin paying for energy in Russian rubles, Chinese yuan, Turkish lira — or even Bitcoin...
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be...
Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm’s investments in the Web3 space.Business Insider reported on Mar. 25 that a source familiar with the situation said “it would not surprise me even remotely”...
Legendary boxing champion Floyd Mayweather is taking another jab at the crypto space by launching a new NFT and Metaverse project called the Mayweverse.The nonfungible tokens (NFT) will feature the likeness of Mayweather himself and provide various utilities and prizes for holders depending on the rarity of the...
Co-founder of the Cardano blockchain Charles Hoskinson has cheekily admitted that his July 2020 forecast of the number of DApps coming to the blockchain has not yet come to fruition. Referring to his famed July 2020 tweet, Hoskinson tweeted on Mar. 23, “Remember when I predicted thousands of assets...
Web3 developer hub Coinbase Cloud has added a suite of tools to support development on the Avalanche blockchain and smart contract platform.As part of the new support features, Coinbase Cloud is running an Avalanche (AVAX) public validator node. This allows Avalanche network participants to stake their AVAX tokens...
