Cryptoinvestors are constantly looking for new promising projects that are at an early stage of development and raise funding. One of the popular ways to raise capital for Cryptocurrency projects is to conduct IDOs – initial coin offerings on decentralized platforms.
The “dress rehearsal” of the Blockchain merger on the PoW and PoS algorithms of the Ethereum test network called Ropsten will last from June 2 to June 8. This was announced by developer Tim Bako.
JPMorgan Chase & Co has teamed up with Singapore-based DBS Bank Ltd and digital markets infrastructure operator Marketnode to do this. The project will explore the possibility of asset tokenization and DeFi using open interoperable networks.
Dogecoin co-founder Jackson Palmer is nothing more than a tool in someone else’s hands. This opinion was expressed on his Twitter page by Tesla and SpaceX founder Ilon Musk in response to criticism against him.
Bitcoin begins a new week with strengthening positions. During the Asian session on May 30, the exchange rate of BTC rose to $30,600. The capitalization of the largest digital currency increased by 5.5% to $583 billion.
Raoul Pal said on a YouTube podcast that Etherium, the leading smart contracts platform, could surpass Bitcoin in the long run. The macroeconomist agrees that Bitcoin is the best Crypto-asset and surpasses Ether in terms of market capitalization, trading volume and number of active wallets. However, according to Pala, over the past few years, Ether has already found a way to surpass Bitcoin:
What happened? In the first quarter of 2022, Kazakhstan’s budget increased by 652 million tenge ($1.52 million) thanks to companies Mining Cryptocurrencies in the country. The authorities introduced a fee for mining on January 1, 2022. It is calculated at a rate of 1 tenge ($0.002) per 1 kWh of electricity. The State Revenue Committee of the Ministry of Finance of Kazakhstan said that tax reporting for individuals engaged in Mining is not provided, said RBC.
What Happened. Top executives at Cryptocurrency exchange Coinbase sold $1.2 billion worth of the company’s stock between its initial public offering (IPO) and February 2022. Among them were the exchange’s CEO Brian Armstrong, co-founder Fred Ersam, and top executives Emily Choi and Surojit Chatterjee, the Wall Street Journal (WSJ) reported. Armstrong still holds a controlling 59.5 percent stake.