Kazakhstan has passed a new law that seeks to regulate digital currency service providers. The new law puts the burgeoning industry under the Digital Development Ministry and requires all service providers to conduct anti-money laundering checks. The new law was passed by the upper house of the Kazakh parliament, local outlet Vlast reports. According to Olga Perepechina, one of the senators […]

Cartesi price is up over 21% today, making it one of the best performing cryptocurrencies on Crypto.com. Let’s take a closer look at Cartesi and its CTSI token and find out what all the hype is about. What Is Cartesi? Cartesi is a smart contracts platform that bridges the gap between mainstream programming languages and smart contracts. With Cartesi, developers […]

Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings.  Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion. Musk sold the shares at an average price of around $1,170, locking in almost 180% in gains […]

The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky. In its first two days of operations, Rocket Pool has registered 237 node operators across 42 global locations, with 1088 ETH staked. According to an announcement the platform now has Total […]

Since its launch on Oct. 19 Proshares’ Bitcoin futures exchange-traded fund (ETF) has been a popular choice with traders, rising to the top 2% of all ETFs in terms of total trading volume. Bloomberg’s Senior ETF analyst Eric Balchunas noted on Nov. 11 that the ProShares Bitcoin Strategy ETF (BITO) had $400 million worth of shares traded yesterday, with its […]

Credit Agricole, a major French international banking group, reported on Wednesday that its third-quarter profits for 2021 surpassed its expectations. According to Reuters, the reason can be attributed to the lower coronavirus-related provisions for bad loans, although the bank lagged rivals within the capital markets sector. Revenue across such unit was down 18.7%, said Credit Agricole, compared with the 8.4% […]

On Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem. Cointelegraph spoke with Brantly Millegan, ENS’ director of operations, to learn more about the nonprofit’s decision to shift to a DAO model and his […]

Key takeaways Solana (SOL) has been knocked as being overvalued at its current price going by the value it returns to users. Solana supporters however say evaluating the token by “fee-based models” will not paint the true picture of the SOL reality. The Solana blockchain has thumped several groundbreaking accomplishments. This success has also been reflected in the price of […]

Austria is planning to support crypto adoption through taxation. The tweet also said that this nation would use a similar taxation method to the one in use for stocks and bond investments. In an interview with Bloomberg, the Austrian Finance Ministry also said that the taxation rule will take effect officially in 2022. Austria to Impose A 27.5% Capital Gains […]