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0 CommentsEthereum token’s price rises as it is moving closer to long-awaited the Merge upgrade. Meanwhile, part of the community led by the prominent miner intends to resist the upcoming shift to ETH 2.0 and create a new, parallel network and cryptocurrency ETHW to preserve the existing Proof-of-Work method and ETH mining. However, Ethereum co-founder Vitalik…
Leon Li, the founder of major crypto exchange Huobi Global, is reportedly in talks to sell his majority stake in the company, which could value the firm at over $3 billion. The deal could be one of the biggest in crypto history. According to Bloomberg, Li is looking to sell almost 60% of the firm…
BlackRock announced Thursday the launch of a private trust that will hold Bitcoin and seek to track the asset’s performance, with Coinbase serving as the trust’s custodian. The news marks a giant leap forward in Bitcoin’s institutional adoption, which brought out a flurry of bold calls. This development comes one week after BlackRock announced a…
Blockchain Economy Summit: Dubai to host the world’s largest blockchain and crypto event in October The world’s largest blockchain and crypto conference network, Blockchain Economy Summit, has just closed the previous chapter in Istanbul, Türkiye, with more than 3,000 participants from 82 countries all over the world. The next edition of the world’s flagship blockchain…
On August 8, the UAE introduced new reporting requirements for real estate transactions involving digital assets. The new rules require all real estate agents, brokers, and law firms to report all property transactions with crypto assets. According to the UAE government, the new rules are aimed at clamping down on money laundering and terrorist financing….
The US Treasury sanctions against the crypto mixer Tornado Cash meet criticism from the crypto community. While GitHub, stablecoin issuers and crypto infrastructure providers join the Treasury action, some anonymous troll is sending crypto from a Tornado Cash wallet, trying to “dust” numerous celebrities. On August 8, the US Department of the Treasury announced sanctions…
