The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The country’s taxation division – HM Revenue and Customs – released a consultation document seeking views on […]
After a turbulent 2022 owing to macroeconomic headwinds, Solana’s performance improved substantially in the first quarter of the year. Data suggested that its market cap increased by more than 118% QoQ along with the broader […]
Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by a recent exploit that drained almost $2 million from the latter. Merlin revealed on Thursday […]
TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser. The company, which is a subsidiary of the blockchain gaming platform Animoca Brands, will use […]
In this week’s newsletter, read about how Romania plans to drive Web3 adoption in the country using NFTs. Check out how Sotheby’s will auction off some NFTs of the collapsed crypto hedge fund Three Arrows […]
Japan’s regulatory and political environment for crypto and Web3 technologies has been evolving rapidly over the past several years. The Financial Services Agency of Japan reported in December 2022 it planned to lift restrictions on […]
Government officials have confirmed the city’s crypto commitments at the Hong Kong Web3 Festival this week as it aims to become a fully regulated crypto hub attracting investment and Web3 startups. On April 12, Financial Secretary […]
Blur appears to have lost its title as the world’s most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea’s market share […]
Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” […]
Multi-chain lending protocol Hundred Finance has suffered a security breach on the Optimism layer-2 scaling network, which resulted in the theft of approximately $7 million worth of assets. Hundred Finance confirmed the exploit on April […]
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