Trading
DeFi
DeFi ecosystem now exceeds 2 million unique addresses
The number of addresses in the decentralized finance sector has doubled in less than five months.
Taxes
Korean tax officers seize $22M in crypto directly from exchange accounts
South Korean tax authorities have tracked down crypto holdings that belonged to more than 1,500 tax evaders.
Adoption
Bitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ author
Nassim Nicholas Taleb slammed Bitcoin, arguing that "there’s absolutely no reason it should be linked to anything economic."
Technology
Algorand (ALGO) sets sights on becoming a ‘carbon-negative’ blockchain
While the Algorand blockchain is already carbon-neutral, the network ultimately wants to become "the greenest of them all."
Legal
62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’
Turkish police launched an investigation after one of the largest crypto exchanges in the country went dark.
Regulation
India may give crypto holders an “exit window” in case of Bitcoin ban
While the ultimate fate of digital assets is still unclear in India, crypto holders will likely have some time to comply with a potential ban.
Mining
Square says Bitcoin mining is “key to clean energy future”
By combining Bitcoin mining with renewable energy plants, developers can greatly accelerate the adoption of clean energy, says a new research.
Banking
Major UK bank NatWest won’t serve businesses dealing in crypto
National Westminster Bank says it will take a "cautious approach" to crypto-related firms due to the "high risk" associated with digital assets.
NFTs
Trump haters now can pay for his tweets as NFTs just out of spite
What is the best way to hurt ex-US President Donald Trump? To buy one of his tweets as an NFT, apparently.
NFTs
IBM is turning patents into NFTs—says it’s a future ‘trillion-plus dollar market’
An ecosystem that allows tokenizing patents has the potential to unlock a $1 trillion market, say the developers of IPwe Platform.
Investments
Institutional investments in Ripple’s XRP nearly doubled last week
Institutional players allocated $33 million in XRP investment products last week, says a CoinShares report.
NFTs
Data shows NFT sales fell 40% last week amidst market pullback
Daily trading volumes of non-fungible tokens fell drastically as the broader market saw high-volume sell-offs.