Criptos News

Latest news about blockchain and cryptocurrencies

Japanese Opposition Leader Urges Crypto Tax Reform to Provide Nation with Web3 Boost

Japan could be set to overhaul its crypto tax system – with opposition leaders joining a chorus of MPs and business leaders calling for a change in tax law to stop an “outflow” of crypto-related talent and convince Japanese crypto firms not to relocate overseas….Read More: Japanese Opposition Leader Urges Crypto Tax Reform to Provide Nation with Web3 Boost… Read more →

BitMEX Co-founder Arthur Hayes Spared from Prison

In the US, BitMEX co-founder and former CEO Arthur Hayes was sentenced to two years’ probation and will spend the first six months of his sentence in home confinement. As reported, Hayes and two other BitMEX co-founders Benjamin Delo and Samuel Reed, pled guilty to violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an anti-money laundering program at the exchange. Read more →

South Korean Government, Prosecution Turn up the Heat on Do Kwon and Terraform

South Korean lawmakers and financial regulators are taking aim at Do Kwon (full name Kwon Do-hyeong) and his firm Terraform Labs. Following the news that three or more separate civil legal cases – each potentially involving hundred of South Korean terra (LUNA) investors – have already been formulated, further trouble appears to be in store at the governmental and parliamentary levels…. Read more →

Growth in Digital Assets Trade Puts the Spotlight on Blockchain Bridge Security Risks

Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain. _______The exponential growth in the trade of digital assets across different blockchain platforms in recent years has been accompanied by the emergence of blockchain bridges, or token bridges, that create interoperability between blockchains. …Read More: Growth in Digital Assets Trade Puts the Spotlight on Blockchain Bridge Security Risks… Read more →

NFT Sales Volume Down by Nearly 55% Amid Crypto Downturn

Sales of non-fungible tokens (NFTs) have plunged by more than 54% over the past week as the crypto market dropped sharply. Over the course of the past week, NFT sales volume reached USD 25m, a drop of 54.6% compared to the earlier week, according to data by NonFungible.com. Similarly, the number of NFT sales, average value of NFTs, and secondary sales have all taken a plunge, dropping by 22. Read more →