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Blockchain
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country…
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65…
Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over…
Shibarium Blockchain’s Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin…
The Shiba Inu-based layer 2 blockchain is expected to start operations next month.
Blockchain-Powered Mobile Networks Offer Better Data Security Than Traditional Networks — World…
A blockchain-powered decentralized network can offer a “much greater level of security and ownership” of data compared to traditional telecom operators, Micky Watkins, the founder and CEO of World Mobile, has said. Watkins also…
Dormant $30 Million Bitcoin Cache Roused After 11 Years: 8 Sleeping Wallets From 2012 Stirred to…
Under the cover of darkness early Saturday morning, July 22, 2023, precisely at 12:51 a.m. UTC, a former dormant bitcoin address, home to 1,037.42 BTC—valued at $30 million—stirred to life for the first time since 2012.…
Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests
Unlocks that free up large amount of liquidity relative to average daily trading volume yield a deeper decline in the token's price within two weeks after the event, research by The Tie shows.
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period…
Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the…
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different…
