As early as February, an anonymous source had claimed that Jump Trading was the company targeted by the SEC for having artificially maintained parity for Terra’s stablecoin with the dollar throughout 2021. Now, according to new court filings from the Securities and Exchange Commission (SEC), the high-frequency crypto trading firm Jump Trading propped up Do Kwon’s the failed TerraUSD (UST)…
Month: May 2023
What is Pepe (PEPE)? Meet the latest viral meme coin phenomenon
A new viral meme coin is taking the crypto market by storm and it’s led by a weird-looking frog. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt Furie. Since then, it has…
Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum – Bitcoin News
On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which equate to roughly $35.86 million in added onchain fees. Bitcoin’s Inscription Frenzy: Over 7…
Updated European tax directive requires reporting on all crypto asset transfers
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets. This is the eighth version of the Directive on Administrative Cooperation (DAC), which is a set of procedures for automatic information sharing between European governments for tax purposes. DAC8 was proposed in December and approved May 16 after the passage of Markets…
How blockchain is revolutionizing the gaming industry?
As blockchain gaming continues to evolve and become more adopted in entertainment, it’s natural to contemplate the future of the industry. The future of blockchain gaming is promising and will likely see significant growth in the coming years, including mainstream adoption as more businesses endorse blockchain technology. More traditional game developers may incorporate blockchain technology into their games, leading to…
SDM Financial to Present Informative Webinar on Digital Asset Derivatives for Miners, Funds, and HNWIs – Press release Bitcoin News
press release PRESS RELEASE. SDM Financial is thrilled to announce an upcoming webinar focused on digital asset derivatives, taking place on Tuesday, May 23, 2023, at 10:30AM EDT. The webinar is tailored to provide digital asset mining firms, crypto-focused funds, and digital asset investors with valuable insights into the benefits of digital asset derivatives in effectively managing risk and optimizing…
LTC Hits 2-Week High, as APE Extends Gains – Market Updates Bitcoin News
Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again in the green, as the token rose for a third consecutive session. LTC/USD surged to a peak…
Trading for Pepe (PEPE) starts now!
We’re thrilled to announce that Pepe (PEPE) is now available on Kraken! Funding and trading PEPE funding and trading starts now. Add PEPE to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Already have PEPE and a Kraken account? Click below to get started ⤵️ PEPE is tradeable via spot markets on Kraken and Kraken…
‘Trusted seller’ vends fake Trezor wallets stealing crypto: Kaspersky
Amid the rising popularity of hardware cryptocurrency wallets, the Russian cybersecurity firm Kaspersky has reminded users about the importance of using authentic crypto devices. Kaspersky’s cyber incident expert Stanislav Golovanov on May 10 reported on an issue with fake hardware wallets impersonating major wallet firm Trezor. According to the blog post, the fake wallet allowed fraudsters to steal Bitcoin (BTC)…
Problems with Being an 'On-chain Purist' in Gaming
InfiniGods Cofounders Owen O’Donoghue and Damon Gura keep it real with Decrypt’s Kate Irwin, sharing thoughts on game balancing and what to do when in-game assets become NFTs. Source: https://decrypt.co/videos/interviews/uOwArY6a/problems-with-being-an-on-chain-purist-in-gaming