Memecoin hype drives Bitcoin transaction fees to multi-year highs
Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels....
Month: May 2023
The Next 1000x Meme $SPONGE UP 400%
SpongenBob is Uniswap’s latest meme token. Due to meme tokens’ growing popularity in 2023, the token’s first day of trading...
Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more….
Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative...
Emerging tech to create “new ethics” for humankind: MEWS 2023
Stephen Castell commented that emerging technologies like blockchain, the metaverse and AI will usher in a new set of ethics...
Memecoin mania: Social relevance, speculation drives PEPE surge
Memecoins are back in the headlines as PEPE booms, taking the market capitalization of speculative tokens over $20 billion. Memecoins...
PEPE memecoin hits $1 billion market cap fueled by Binance listing
The price of the new frog-themed memecoin has surged more than 4,000% since its inception on April 14. The frog-themed...
Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor
Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc...
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in...
OpenTrade Secures $1.5M in Funding to Launch On-Chain Financial Products
OpenTrade, a DeFi protocol platform that offers on-chain financial products to Web3 treasuries and businesses, has secured $1.5 million in...
Kenya Proposes 3% Tax on Digital Asset Transfers as Part of Finance Bill 2023
The National Treasury of Kenya, which is responsible for the country’s finances, has recommended a 3% tax on the transfer...
Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most...
PacWest Bank plummets 50%! How will Bitcoin react?
Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin....
Will Biden’s plan to tax crypto mining reduce emissions? Critics say no
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly...
New York AG’s office seeks additional authority over crypto firms
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be required to reimburse users who...
