Day: January 24, 2023

Shadow Fork for Ethereum Shanghai Mainnet Goes Live

The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now. There’s been a lot of talk going around the upcoming Ethereum hardfork aka the Shanghai hardfork scheduled probably by February end. This is the most-discussed event currently in the crypto community since it will unlock $26 billion worth of staked ETH in the market. On Monday, January 23, the Ethereum core developers announced the successful deployment of the first mainnet shadow fork designed to test the readiness of…

Genesis creditors file securities lawsuit against Barry Silbert and DCG

boss

Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit. A group of Genesis creditors filed a securities class action (SCA) lawsuit against DCG and its founder and CEO Barry Silbert, alleging violations of the federal securities laws. The lawsuit was filed by Connecticut-based law firm Silver Golub & Teitell (SGT) on behalf of individuals and entities who entered into digital asset lending agreements with Genesis. The law firm is known for handling major industry…

Next Block Expo – The Warsaw Summit 2023

Place/Date: – January 24th, 2023 at 11:33 am UTC · 2 min read Contact: Next Block Expo, Source: Next Block Expo With a dedicated mobile app to link people, projects and investors, Next Block Expo’s ambition is to become the most promising networking opportunity for the European blockchain community. The second edition of the Next Block Expo event with a few thousand attendees will be held at the Multikino Złote Tarasy Warsaw venue on 24 and 25 of May, linking the most influential people and projects in the web3 space.…

Three Forward-thinking Meme Coins Here to Stay: Floki Inu, Baby Doge and Big Eyes Coin, with Big Eyes Coin Raising a Meteoric $17 Million

Place/Date: – January 24th, 2023 at 11:23 am UTC · 3 min read Source: Big Eyes Coin After years of growth, cryptocurrency continues to reach unprecedented heights. Aside from the well-known names, new and exciting cryptocurrencies are launching almost daily. Cryptocurrencies run on open-source technology, immediately separating them from traditional finance methods. The codes of existing blockchains can be replicated, meaning the launch of a new cryptocurrency is as easy as 1,2,3. So let’s look at three cryptocurrencies currently enticing investors: Big Eyes Coin, Floki Inu and Baby Doge. Users…

BNB (BNB) and Kava (KAVA) Struggle to Compete Against Snowfall Protocol (SNW) as It Approaches Launch Date on February 3rd – Find Out Why!

Place/Date: – January 24th, 2023 at 11:18 am UTC · 2 min read Source: Snowfall Protocol Photo: Snowfall Protocol Interoperability between blockchains and their respective tokens is one of the most critical challenges that blockchain protocols and applications face. BNB (BNB) and Kava (KAVA) won’t be able to compete against the upcoming Snowfall Protocol (SNW), which is set to launch on February 3rd. This is because Snowfall Protocol (SNW) is set to launch as the first cross-chain transfer ecosystem designed to enable seamless transfers of fungible and non-fungible tokens (NFTs)…

Crypto Tax Proposed by Lawmakers to Fund EU Budget

The report “suggests the introduction of a European tax on crypto-assets, whose revenues would flow into the European budget,” said the report by French lawmaker Valérie Hayer and Portuguese social democrat José Manuel Fernandes. “Regulating and taxing crypto-assets at EU level is more efficient than at national level given their high mobility and cross-border dimension.” Source

Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News

boss

Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina to Spearhead Common Currency Issuance Project Ministries of Brazil and Argentina will be discussing the first steps to issue a common bilateral currency. According to statements given by the minister of the economy of Argentina, Sergio Massa, representatives of both countries…

Apple in Talks with Disney Over VR Headset Content

Apple’s mixed reality headset is expected to launch in the spring, and deliveries will begin by fall 2023. The device will be exclusive, for a limited audience, rather than mainstream. Tech giant Apple Inc (NASDAQ: AAPL) is in talks with at least six media companies over the development of virtual reality (VR) content for its mixed reality headset. Among the partners are The Walt Disney Company (NYSE: DIS) and Sony Corporation (NYSE: SONY). Apple has been experimenting with virtual reality and augmented reality technologies for a long time. Back in 2020,…

Swiss Bank Cité Gestion Is First Private Bank to Tokenize Its Shares

The company also planned to offer qualified US-based investors access to funds offering exposure to direct equities, private credit, and secondary transactions. Independent Swiss Private Bank Cité Gestion, which was established in 2009, is using Taurus technology to tokenize its own shares. This move is a part of the company’s continuous attempts to grow its roots deeper into the world of blockchain technology. It is the first time a private bank has rolled out shares as ledger-based securities under Swiss Law. It will collaborate with the digital assets company Taurus…

Court Fast-tracks Oral Argument in Grayscale vs SEC Case

Grayscale is now neck deep with the lawsuit and there are many assumptions from members of the public with respect to the potential bottlenecks that the lawsuit might present. The dates for hearing the oral argument in the ongoing lawsuit between Grayscale Investments and the United States Securities and Exchange Commission (SEC) has been expedited by the District Columbia Court of Appeals. As reported by CNBC, the Court has fixed March 7 as the date for both parties to present their oral arguments, fast-tracking a process that Grayscale had expected…