Cryptocurrency
Cryptocurrency
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Nano Bitcoin Mining Chip by Jack Dorsey Takes the Industry by Storm
Block's purchase of many ASIC chips from Intel will allow the company to speed up the development of its 3nm chip
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Crypto firm Grayscale is optimistic about Bitcoin Ordinals
The crypto firm Grayscale penned a post outlining why Bitcoin Ordinals could be a good signal for BTC
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Mastercard Crypto credential to be rolled out as a verification tool
To enhance security for users in the blockchain space, the Mastercard Crypto Credential will verify authentic users and detect suspicious activities
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UK treasury's taxation department starts consultation on DeFi taxes
The HM Revenue and Customs of the UK Treasury is mainly seeking opinions from the industry on processes for taxing DeFi lending and staking, which could eventually lead to legislation
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The Sandbox and Ledger Enterprise collaborate for multiple initiatives
One of the main objectives of the partnership would include providing The Sandbox's partners with security integration through the Ledger Enterprise and using its wallets for NFTs
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Web3 social media protocol Lens launches new layer 3 network
Running on the Polygon network, Lens has several sites listed on its web3 social media protocol, including Buttrfly, DumplingTV, and Lenster
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South Korea's crypto bill makes headway as legislators approve the first review
First introduced in June 2022, the crypto bill in South Korea is expected to include various regulations for the crypto industry in the country
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ETH deposits equal the amount of third-round withdrawals post the Shapella Upgrade
The equal amount of ETH withdrawals and deposits in the third round post the Shapella upgrade indicates that most withdrawals might have been re-staked
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Dubai-headquartered Bybit to start KYC verification in May
All services and products of Bybit will require KYC verification henceforth as the exchange steps up to reduce risks associated with users' accounts
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French Financial Markets Authority plans to bring crypto firms under MiCA
The financial regulatory body for France, the French Financial Markets Authority, has been going through transition options for its crypto firms to MiCA
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Gemini Foundation to be launched as a crypto derivatives platform outside the US
Amidst a strict and uncertain crypto regulatory policy in the United States, the crypto exchange will launch the Gemini Foundation outside the country