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South Korean gaming giant Wemade has begun a collaboration with the Dubai Chambers, a non-profit public entity, to enhance the development of blockchain gaming ecosystems in Dubai and the wider UAE region, according to a Nov. 28 press release.
The deal was officiated through a meeting between Wemade...
As one of the leading layer-1 blockchains, Solana offers an insightful proxy for analyzing the broader L1 ecosystem. Its unique combination of high throughput, low transaction costs, and a rapidly growing ecosystem makes it an ideal case study for understanding trends in blockchain adoption, user be...
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28 Nov 2023
Arax Holdings launches CBC20 Core Token to fuse real-world assets with crypto ecosystem
Arax Holdings announced the successful deployment of its CBC20 Core Token on the Core Blockchain on Nov. 17 as part of its expansion plan for the blockchain network ecosystem, according to a Nov. 28 statement.
The Core Token has a total supply of 1 billion and is designed to streamline the integrati...
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28 Nov 2023
dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewards
The decentralized trading platform dYdX Chain has achieved a significant milestone, transitioning from its 'Beta Stage' to 'Full Trading' as of Nov. 28.
The initiation on the dYdX Chain was activated following a dYdX governance vote, showcasing the platform's focus on decentralized decision-making a...
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28 Nov 2023
Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain's Tax Administration Agency, Agencia Tributaria.
The tax agency introduced Form 721, a declaration form speci...
News
28 Nov 2023
MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’
At the recent GDEC 2023 conference, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), critiqued Bitcoin and similar digital currencies, questioning their viability as a form of money.
Menon asserted that private cryptocurrencies, including Bitcoin, have "miserably failed th...
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28 Nov 2023
Coinbase users informed of subpoena by CFTC in suspected connection with Bybit inquiry
Coinbase has revealed the U.S. Commodity Futures Trading Commission (CFTC) subpoenaed it in an unknown matter through an email sent to its users this week and obtained by CryptoSlate.
The email does not provide extensive information about what the financial regulator might be investigating. However,...
News
28 Nov 2023
Buterin sees benefit of ‘uploading’ minds and need for open-source innovation in AI
In a recent blog post, Ethereum co-founder Vitalik Buterin presents his views on an ongoing debate around "techno-optimism." The post was notably sparked by Marc Andreessen's "Techno-Optimist Manifesto," which advocates for an enthusiastic embrace of technology, markets, and capitalism as tools to p...
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28 Nov 2023
Vivek Ramaswamy says his crypto policy will ‘ensure economic freedom for Americans’
U.S. Republican Presidential candidate Vivek Ramaswamy said his crypto policy guarantees a "vibrant future" for the emerging industry "to ensure economic freedom for Americans seeking an alternative to centralized finance," according to a Nov. 27 post on social media platform X (formerly Twitter).
R...
In the fast-paced world of crypto, where innovation and adaptability are key, Taipei, Taiwan, is emerging as the new hub for forward-thinking crypto ventures, challenging the traditional dominance of Hong Kong and Singapore. Sora Ventures, led by Jason Fang, stands at the forefront of this shift, op...
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