Trading
Analysis
Bitcoin and Ethereum transaction fees are dropping
Recent data shows that the transaction fees on the two largest crypto asset by market cap has dropped to record lows.
Analysis
Why some people are saying Waves is a ponzi scheme
Waves price fell from as high as over $60 to around $34 which led to the de-pegging of the Neutrino (USDN) to less than $1.
Mining
Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources
Bitcoin advocates have stated that the concerns about the asset CO2 emission is misplaced because it is lesser than that of the global banking system and the gold industry.
Culture
Binance CZ’s $65B networth makes him almost 3x richer than FTX SBF
SBF is no longer the richest man in the crypto space, that title now belongs to Binance CZ.
Crime
U.S. prosecutors secures $34 million crypto assets forfeiture
Authorities in Germany closed down Russian darknet marketplace (DNM), Hydra and seized Bitcoin worth $25 million.
NFTs
Report: Wash trading accounts for 95% of LooksRare trading volume
LooksRare incentives for active traders on its platform appears to incentivizes the wash trading acts.
Gaming
Axie Infinity had been losing gamers prior to the Ronin Network hack
Axie Infinity users had plunged from a high of over 8 million to around 1 million before the Ronin bridge hack.
Taxes
Trading volume drops as 30% capital gains tax on crypto goes into effect in India
Crypto stakeholders are predicting that the 1% tax on every transaction will affect liquidity within the sector.
Scams
Famous French influencer masterminds $960k NFT rug pull
There are indications that the French star used proceeds from the Billionaire Dogs NFT rug pull to purchase Mutant Ape, Doodle and CloneX NFTs.
Regulation
Australia continues regulation drive with new policy targeting crypto and financial influencers
A 2021 survey in Australia revealed that 33% of Australian citizens follow a financial influencer.
Mining
Bitcoin mining network difficulty reaches new all-time high
Although Bitcoin mining difficulty is rising, the network hash rate has yet to see an increase.
Regulation
Will Indonesia’s decision to tax crypto stifle local adoption?
Indonesia will impose a 0.1% Value Added Tax that will be deductible at the source on all crypto transactions in the country.
