El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers…
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Nasdaq to launch crypto custody by Q2 2023 [btcmanager]
Nasdaq plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter in 2023. According to Ira Auerbach, the Senior Vice President and Head…
MetaMask integrates EIP-4361 to improve security for users [btcmanager]
According to recent developments, MetaMask has now integrated a new EIP-4361 feature to their system. The new service is aimed at improving authentication safety.
One of 14 companies with a DLT license in Gibraltar to launch IEO [btcmanager]
Damex.io, a digital asset trading company, announced its Initial Exchange Offering (IEO) launch would be on Apr. 19, 2023
Huobi exchange inks partnership deal with Copper [btcmanager]
Huobi and Copper have partnered with Copper to join the ClearLoop Network. The integration will make it possible for the institutional clients of both firms to delegate capital for trading on Huobi while their assets remain under Copper’s secure custody.…
Alpha mainnet of Ethereum scaling solution ZKSync goes live [btcmanager]
ZKSync, an Ethereum layer-2 scaling solution, debuts its alpha mainnet to reduce congestion and improve transaction throughput. The ethereum (ETH) ecosystem witnesses a significant development as the alpha mainnet of ZKSync, a Layer 2 scaling solution, is officially launched. ZKSync…
Crypto liquidity levels are low, analyst says [btcmanager]
A market analyst, Conor Ryder, CFA, recently explored the liquidity state of the crypto markets. Parameters like market depth, spreads, slippage, and volumes helped expose the liquidity problem. Post-FTX-implosion liquidity gap not resolved Under market depth, the analyst realized that…
Hacked vanity addresses loot $500k as controversies surround Arbitrum airdrop [btcmanager]
Hacked vanity addresses looted $500K from the Arbitrum airdrop that was held on March.23. This comes as fraudsters continue to take advantage of the give away to loot client funds.
Crypto Twitter reacts to Binance suspending spot trading [btcmanager]
The crypto-leaning corner of Twitter today went into meltdown after a bug in its order book forced Binance to suspend spot trading temporarily. Signs of trouble first emerged when several users of the world’s largest crypto exchange by volume noticed…
Binance halts spot trading, cites ‘bug’ in its order book [btcmanager]
Binance has temporarily suspended spot trading, possibly due to an issue impacting its matching engine. According to a recent update on Binance’s official Twitter account, the issue appears to be related to a bug in a trailing stop order. CEO…