BlockSol Media

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

China Fines Bitmain $3.6 Million for Tax Violations, Report – Mining Bitcoin News 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...

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.

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

Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple – Finance Bitcoin News 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...

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.

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

1.4B DOGE Dumped by 2 Whales After Elon Musk Changed the Twitter Logo to Dogecoin: Data 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...

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.

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

Int’l securities body IOSCO prepares crypto regulation report for 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 202...

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.

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

Twitter Logo Replaced by Infamous Dogecoin Logo, Price Surges 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...

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.

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.

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73.3% of Q1 rug pulls happened on BNB Chain: Immunefi 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...

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.