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Weekly News

Portugal’s Assembleia da Republica says no to two crypto tax bills

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes. The Portuguese congress, the Assembleia da Republica, has rejected…

Continue ReadingPortugal’s Assembleia da Republica says no to two crypto tax bills

Injective partners with Wormhole to bring 10 new blockchains to the platform

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a…

Continue ReadingInjective partners with Wormhole to bring 10 new blockchains to the platform

InsurAce says it will pay millions to claimants after Terra’s collapse

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.…

Continue ReadingInsurAce says it will pay millions to claimants after Terra’s collapse

World Bank won’t support Central African Republic’s Sango crypto hub

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin. The…

Continue ReadingWorld Bank won’t support Central African Republic’s Sango crypto hub

Ethereum Beacon Chain experiences 7 block reorg: What’s going on?

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon.…

Continue ReadingEthereum Beacon Chain experiences 7 block reorg: What’s going on?

Developing countries love the Metaverse, rich nations not keen: WEF survey

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Developing countries have more than double the amount of people positive that the Metaverse will impact their lives, and they’d use it daily in comparison to developed countries. Excitement for…

Continue ReadingDeveloping countries love the Metaverse, rich nations not keen: WEF survey

Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price. American graphics card…

Continue ReadingNvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’
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