BlockSol Media

04/14/2023

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported.

The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community.

🔗 https://buff.ly/3mqLfe5

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income T...

04/14/2023

In the hours following the Shanghai upgrade, also known as Shapella – the "hard fork" or series of blockchain code changes that made staked ETH withdrawals possible for the first time – the number of validators awaiting redemptions increased to approximately 17,000 for full withdrawals and 285,000 for partial withdrawals, according to the network explorer Rated.

04/14/2023

Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple.

The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency.

🔗 https://buff.ly/43ta2yx

Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary Author...

04/13/2023

The trading of cryptocurrencies has become increasingly popular in Australia, but as the country's ongoing digital revolution continues to flourish, consumer groups and investors are advocating for increased regulation.

Despite the government's consistent acknowledgement of the need for increased protections, it may not have solutions in place until 2024.

04/10/2023

The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media.

According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid its massive price rally this week.

🔗 https://buff.ly/43gfzZh

The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media. According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid it...

04/10/2023

America's first nuclear-powered Bitcoin mine reported impressive March 2023 results. This groundbreaking nuclear energy-powered cryptocurrency miner has exceeded expectations and established itself as a leader in the market.

Nautilus, owned by TeraWulf, powered 9,200 miners with over 91% zero-carbon electricity.

04/10/2023

The International Organization of Securities Commissions (IOSCO) will launch a consultation for its regulation report on crypto assets in Q2 2023. The final recommendations from the organization are planned to be published by the end of 2023.

The dates are scheduled in IOSCO’s work program for 2023–24. Two major workflows are dedicated to decentralized assets in IOSCO’s Fintech Task Force plan. The first covers crypto and digital assets, and the second covers decentralized finance (DeFi). The DeFi consultation will start in Q3 of 2023.

🔗 https://buff.ly/3nOpHbm

The International Organization of Securities Commissions (IOSCO) will launch a consultation for its regulation report on crypto assets in Q2 2023. The final recommendations from the organization are planned to be published by the end of 2023. The dates are scheduled in IOSCO’s work program for 202...

04/09/2023

After a March surge in user activity, Polygon became the second-largest blockchain gaming network by unique active wallets (UAWs). The DappRadar "Blockchain Games Report" found that 138,081 UAWs played Polygon games in March, up 53% from February. Hive and BNB Chain, with 84,000 and 80,000 UAWs, behind Polygon. Wax leads with 314,000 UAWs.

04/05/2023

Dogecoin got a big bump on Monday when Twitter replaced its familiar logo with the cryptocurrency’s emblem of a shiba inu dog’s head and torso.

The move made waves on Twitter itself, with surprised users sending out tweets expressing their amazement. Some of them speculated that hackers had infiltrated the platform to work mischief.

🔗 https://buff.ly/3zxgcjG

Dogecoin got a big bump on Monday when Twitter replaced its familiar logo with the cryptocurrency’s emblem of a shiba inu dog’s head and torso. The move made waves on Twitter itself, with surprised users sending out tweets expressing their amazement. Some of them speculated that hackers had infi...

04/05/2023

The US DOJ revealed a major crypto fraud crackdown on Monday. The agency seized $112 million in digital assets linked to investment scams.

The agency said judges in Arizona, Idaho, and California issued seizure warrants for six digital asset accounts.

04/05/2023

BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi.

The report, titled “Crypto Losses in Q1 2023,” investigated a variety of crypto hacks and scams in the first quarter of the year. It found that Ethereum and BNB Chain were the two largest targets for hackers and scammers, with 68.8% of total losses from these networks combined. BNB Chain, in particular, made up 41.3% of total losses from hacks and scams.

🔗 https://buff.ly/412v9pm

BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi. The report, titled “Crypto Losses in Q1 2023,” investigated a variety of...

04/04/2023

Accelerator teams earn $200,000. At the end of the four-to-six-month program, Delphi will present project teams to its investor network.

A core team of engineers, economists, designers, lawyers, and entrepreneurs will provide hands-on advise on product development, legal advice, and go-to-market strategies.

04/04/2023

Bitcoin’s long entrenchment under $24,000 provided ample opportunity for smaller holders to increase their position sizes, on-chain data shows.

Nearly 1 million Bitcoin addresses now hold over 1 BTC, much of which was accumulated between 2021 and 2023.

🔗 https://buff.ly/3McuCNn

Bitcoin’s long entrenchment under $24,000 provided ample opportunity for smaller holders to increase their position sizes, on-chain data shows. Nearly 1 million Bitcoin addresses now hold over 1 BTC, much of which was accumulated between 2021 and 2023. The Rise of BTC Shrimps According to on-chain...

04/04/2023

WSJ reported that will base its Asian activities in Hong Kong. Under the proposed June law, the crypto exchange will apply for a city license.

Ben Zhou, CEO of Bybit, said liquidity is king in the exchange market and Hong Kong had plenty due to institutional investor capital inflows. He praised the city's developed capital markets, high financial literacy, and genuine and informed investors.

04/04/2023

As baseball enthusiasts flocked to Nationals Park in Washington D.C for the opening day of the Major League Baseball (MLB) season, the appearance of Terra — the crypto ecosystem that collapsed in May 2022 — didn’t go unnoticed by attendees.

A Twitter user who attended The Washington Nationals’ home opener against the Atlanta Braves on March 30 shared an image of Terra prominently displayed on a banner with the slogan, “a decentralized economy needs decentralized money.”

“Sounds like a solid company. Will check out,” the user commented on the prominent placement of Terra at the stadium.

🔗https://buff.ly/3K8utIo

As baseball enthusiasts flocked to Nationals Park in Washington D.C for the opening day of the Major League Baseball (MLB) season, the appearance of Terra — the crypto ecosystem that collapsed in May 2022 — didn’t go unnoticed by attendees. A Twitter user who attended The Washington Nationals....

04/03/2023

According to on-chain observer BitcoinEmber's data, the two addresses sold 3.73 million ARB. The first whale address, "0x1dd9", was purchased for 2.03 million ARB. Currently, the address contains 500,000 ARB.

The selling price of the whale was $1.14, resulting in a loss of approximately $160,000. On March 27, this wallet had initially raised over 2.52 million ARB. The price at that time was $1.22.

The second whale address, "0xca71," sold for 1,7 million ARB exactly one hour after the first whale address. This address has only 50,000 ARB left in its pair liquidity on SushiSwap.

This whale sold for $1.16, resulting in a loss of approximately $270,000. Between March 24 and 28, this whale purchased 1.95 million ARBs for $1.32.

04/03/2023

Flybondi – a low-cost airline in Argentina – became the first in its field to launch flight tickets in the form of non-fungible tokens (NFTs).

The initiative, dubbed Ticket 3.0, is already available for clients willing to fly to domestic destinations.

🔗 https://buff.ly/40DpOoM

Flybondi – a low-cost airline in Argentina – became the first in its field to launch flight tickets in the form of non-fungible tokens (NFTs). The initiative, dubbed Ticket 3.0, is already available for clients willing to fly to domestic destinations. Eliminating the Usual Restrictions The compa...