Earlier this month, a new global charity initiative known as Global Field Day was announced, seeking to leverage a unique combination of blockchain technology and influencer marketing to help fund a range of charities. As part of the two-month-long event, a diverse range of celebrities and influencers from different industries will come together to compete in a range of virtual […]

Last week, El Salvador recognized Bitcoin as legal tender in the country. Now, the Central American nation announced that it is planning to attract international crypto companies and Bitcoin investors through an exemption on BTC profits. According to a report published by AFP, the country will exempt foreign investors from taxes on the capital increase or the income related to […]

The U.S. Securities and Exchange Commission has charged yet another 2017 initial coin offering (ICO) project over securities violation. The project, known as Rivetz, allegedly sold a security in its native RvT token without registering with the commission. Rivetz was one of the many ICO projects that sprung up during the great ICO fever of 2017, when each new blockchain project claimed […]

 Polkadot price is rising ahead of its rivalries in a bearish-ridden market. The DOT price is $35.68, while the 24-hour trading volume is up by 101.40%. And the coin has hit its 24-hour high of $37.93. DOT price now ranks 8th position in terms of market cap. However, by the current stats, Polkadot can surpass Solana in near future in […]

Game developer Animoca Brands has acquired the Prosper platform and its assets including the token reserve of Prosper Tokens (PROS) within Prosper’s possession. The acquisition is not considered to be material. Animoca Brands leverages gamification, blockchain, and artificial intelligence (AI) technologies to develop and market a portfolio of mobile games and apps for smartphones and tablets in Asia and Europe. […]

The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a presidential legal counsel. Javier Argueta, a legal adviser to President Nayib Bukele, is looking to encourage foreign investment through major tax breaks on Bitcoin, Agence France-Presse reported Sept. 10. “If a person has assets in […]

Zabu Finance, a DeFi application on the Avalanche blockchain, has reportedly been exploited for crypto tokens worth $3.2 million. The removal of a large number of tokens eventually reduced the value of Zabu tokens to zero. Zabu Finance announced the exploit by asking for help from Avalanche and popular Avalanche-hosted decentralized exchanges such as Pangolin and Trader Joe: “Zabu Team […]

On Aug. 12, Cardano tweeted that the upgrade had been completed successfully at epoch 290, facilitating the creation and execution of smart contracts on the public blockchain for the first time. Despite celebrating the milestone, Cardano notes that it is still “early days for the project,” asserting that now is when “the mission truly begins” in a blog post published […]

Solana’s community has been buzzing with a ton of activities in recent weeks that are indicative of the tremendous growth that the blockchain is undergoing. Solana’s strong price performance in recent days has seen it climb to 6th place and set a new all-time high of $214.96. Events like the Ignition hackathon and the increase in liquid staking solutions for […]