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Weekly News

Philippine SEC cautions the public not to invest with Binance

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

Infrawatch PH Convenor Terry Ridon said that the SEC’s response clarifies the government’s position on crypto platform operations. The Philippine Securities and Exchanges Commission (SEC) cautioned the public not to…

Continue ReadingPhilippine SEC cautions the public not to invest with Binance

Japan may see a reduced 20% tax on crypto earnings with new proposal

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years. The Japan…

Continue ReadingJapan may see a reduced 20% tax on crypto earnings with new proposal

Tourists flock to El Salvador despite Bitcoin bear market

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022. Tourism in El Salvador has soared…

Continue ReadingTourists flock to El Salvador despite Bitcoin bear market

Senator Warren proposes reducing Wall Street’s involvement in crypto

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

Warren’s letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.” The…

Continue ReadingSenator Warren proposes reducing Wall Street’s involvement in crypto

Nansen admits neglecting DeFi plans during the NFT craze

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022. Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum blockchain analytics…

Continue ReadingNansen admits neglecting DeFi plans during the NFT craze

Starbucks teases Web3 rewards program to attract new customers

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO…

Continue ReadingStarbucks teases Web3 rewards program to attract new customers

Major hack on play-to-earn crypto games a ‘matter of time:’ Report

  • Post author:admin
  • Post published:August 5, 2022
  • Post category:Weekly overview

According to a cybersecurity auditing firm, GameFi projects are putting “profits above security” and pose a great risk to the projects and their users. “Unsatisfactory” cybersecurity measures among play-to-earn (P2E)…

Continue ReadingMajor hack on play-to-earn crypto games a ‘matter of time:’ Report
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