NFT Use Declines as Ethereum Gas Consumption Drops Since its peak in 2021, Ethereum gas consumption by nonfungible tokens (NFTs) has seen a significant decrease. Data from on-chain analytics platform…
Jun Du Purchases Curve DAO Tokens Jun Du, the co-founder of Huobi, has purchased 10 million Curve DAO Tokens (CRV) worth $4 million from Curve Finance founder Michael Egorov. This…
FTX Crypto Exchange Moves to Remove Dubai Unit from U.S. Restructuring Proceedings FTX crypto exchange has filed a motion in court to remove its Dubai unit from the ongoing restructuring…
New Digital Asset Solutions for Regulated Entities The Tel Aviv Stock Exchange (TASE) is set to offer new crypto services, with the Israeli public stock exchange teaming up with digital…
The Reorganization of BlockFi BlockFi has made considerable progress in its reorganization, with the U.S. Bankruptcy Court for the District of New Jersey giving its conditional approval for the disclosure…
Crypto Trading in Hong Kong Expands to Retail Investors Hong Kong is opening up cryptocurrency trading to individual investors, with at least one exchange receiving regulatory approval to offer such…
Exploiting Crypto Tax Loopholes Four Democratic Senators, Elizabeth Warren, Bernie Sanders, Bob Casey and Richard Blumenthal, have urged the Internal Revenue Service (IRS) and the Treasury to close tax loopholes…
Elon Musk’s AI chat bots may be playing a bigger role in artificially boosting the prices of altcoins than expected, according to a recent study. The Network Contagion Research Institute…
MicroStrategy and the Potential of a Bitcoin ETF Michael Saylor, co-founder of MicroStrategy, is confident that his firm will remain an attractive option for investors to gain exposure to Bitcoin…
Exploring Bitcoin’s ESG Benefits KPMG, one of the world’s Big Four professional services firms, has released a report on Bitcoin and ESG (environment, social and governance) issues. The report found…
