CoinShares Records Largest Capital Inflows in 3 Months
CoinShares saw a weekly inflow of $193 million into its crypto investment products. Europe dominated the inflows with $147 million, while the Americas recorded $45 million. Solana also saw its…
Bitcoin and Ethereum Accepted as Tuition Payment Method in Dubai’s Latest School
An Emirati school has announced its decision to accept two major cryptocurrencies as a payment option for tuition. The move comes shortly after the United Arab Emirates has intensified efforts…
Vietnam To Prepare Legal Framework Concerning Cryptocurrency Management
The Vietnamese government is devising a new legal framework to include cryptocurrency and virtual assets. The country’s deputy PM has instructed three ministries to carry out research and amend legal…
Coinbase Urges the Public to Oppose EU Vote Targeting Crypto Wallets
Summary: The EU Parliament is scheduled to vote on a proposal that will force all crypto service providers to collect personal details of all transactions including those from non-custodial crypto…
Bored Ape NFT #835 Sells for a Shocking $115
An NFT collector has sold a piece from the high-profile Bored Apes Yacht Club (BAYC) collection for an underwhelming amount. The holder supposedly accepted a bid in DAI instead of…
Russian Deputy Minister Says Crypto Mining Regulations Must Come Soon
Deputy Minister of Energy Evgeny Grabchak has recommended that Russian authorities incorporate a legal framework for cryptocurrency mining. Grabchak also opined that regional regulations could be more efficient than federal…
Japan Looking at Amending Foreign Exchange Law to Include Crypto
Japan’s top authorities are looking at amending the foreign exchange law to prevent any circumvention of western sanctions by Russia. The amendment is still being reviewed, with no specific details…
NFTs Have Potential To Go Mainstream With Instagram’s Support: Deutsche Bank
The Deutsche Bank research report highlights that NFTs could go mainstream through Instagram’s NFT support. Other internet companies such as eBay, Twitter, and Snap are also venturing into digital assets…
Google Chrome’s Latest Security Vulnerability Could Affect Crypto Users
Summary: Google has issued an emergency security update for Chrome (version 99.0.4844.84) The security update addresses just a single issue: an actively exploited zero-day vulnerability identified as CVE-2022-1096 Google has…
EU Parliament to Target Anonymous Crypto Transactions in New Vote
Summary: The EU’s ECON committee is planning a vote on Thursday that could ban anonymous crypto transactions The proposed regulation aims to crack down on ‘unhosted wallets’ that allow crypto…
The US OSTP Opens Public Comments on the Climate Implications of Digital Assets
Summary: The US Office of Science and Technology Policy (OSTP) has invited comments on the energy and climate implications of digital assets The US OSTP was tasked by President Biden…
Tether (USDT) Issued on Avalanche (AVAX) Hits $351 Million
Summary: The amount of Tether (USDT) issued on Avalanche has hit $351 million According to Tether’s CTO, USDT on Avalanche ‘has been growing quite aggressively’ He also adds that Tether…
NFT Holders Are So Far Against 2 ApeCoin DAO Staking Proposals
Summary: The ApeCoin DAO currently has 5 proposals up for voting Members of the ApeCoin DAO are so far against 2 of them which center around staking The first one…
El Salvador’s President Meets Binance CEO to Discuss Bitcoin Adoption
Quick take: President Nayib Bukele met with Binance CEO, Changpeng Zhao Bitcoin was a key topic at the meeting The two also discussed the importance of crypto regulation, crypto adoption…
30% Crypto Tax Framework Approved by Indian Parliament
India’s parliament has approved a bill that imposes fines on cryptocurrency transactions. The bill comes shortly after taxation authorities introduced a hefty 30% capital gains tax on digital asset transactions.…