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Crypto News
3% Tax on Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg
Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.
Wrapping Up Consensus 2023
Missed Consensus 2023? Catch up on some of the most important conversations here.
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.
Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains
The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.
Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup Starknet
The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet.
Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund
Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize.
Alibaba Cloud Builds Metaverse Launchpad on Avalanche
Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces.
The Legacy of Mt. Gox: Why Bitcoin’s Greatest Hack Still Matters
The fall of the Japanese exchange in 2014 saw 750,000 bitcoin go missing, putting crypto’s future in doubt. The event reverberates to this day.