Author Archives: CryptoCoinstart News Report

Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor clients’ transactions. Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork.[Read more…]

Polkadot, a self-described “layer 0 blockchain,” has recently filed a trademark registration for what appears to be a blockchain-based messaging application. The trademark filing mentions social networking software, and the phrase “Polkadot Converse” has been trademarked. Additional information on the app has been added in the “good and services” section of the filing. Polkadot’s Trademark[Read more…]

Bitcoin’s Huge Surge Pushes Crypto Market Cap to $1.19T, the Highest Since June Bitcoin’s Massive Rally Pushes Crypto Market Cap to $1.19 Trillion Introduction Bitcoin’s massive rally has helped push the overall market capitalization for all cryptocurrencies to the highest level since June. Despite the industry facing one of the strongest regulatory crackdowns in its[Read more…]

The Netherlands’ Cryptocurrency Tax System – Kryptoskatt The Netherlands has a unique approach to the taxation of cryptocurrencies. Unlike most countries where the disposal of crypto assets is considered a taxable event, the Netherlands has an inclusive tax rule that mandates taxation of your crypto assets even if you don’t dispose of them within a[Read more…]

According to reports, the Seoul Southern District Prosecutor’s Office in South Korea has seized assets worth $160 million from eight individuals connected to the collapse of Terraform Labs, including co-founder Daniel Shin. The authorities reportedly took control of various properties owned by former Terra employees, mainly in the form of real estate, in an attempt[Read more…]

A recent survey conducted by Brown Brothers Harriman (BBH), a financial services firm, has revealed that despite the cryptocurrency market being down 60% from its all-time highs, institutional interest in cryptocurrencies has not budged, with a majority of asset managers stating that they are “extremely interested” in crypto-themed Exchange Traded Funds (ETFs). The 2023 Global[Read more…]

ArchiveNode.io Shuts Down Ethereum Mainnet Archive Node Service After Three Years of Success

Bitcoin’s Decentralization Makes It “Untouchable” Amid Regulatory Pressure, According to Analyst

Complicated infrastructure is the last barrier that must be overcome before achieving mainstream crypto adoption. Cryptocurrencies have the potential to change how the world sees money, offering benefits like accessibility and decentralization. Due to their foundation in blockchain technology, people can buy and use cryptocurrencies without an intermediary, engaging directly with a buyer or seller[Read more…]

Overview Decentralized exchange Uniswap version 3 (V3) has officially gone live on the Binance Smart Chain (BNB Chain), a smart contracts-based blockchain developed by Binance. This integration was executed after receiving 66% of governance votes from Uniswap’s community, which has over 55 million UNI token holders. The proposal to deploy Uniswap V3 on the BNB[Read more…]