The Block: South Korean crypto VC Hashed confirms it is under investigation by the country’s tax authority

cryptodaily.co.uk: Cirus Crossing the Chasm with Global First Approach

Tuesday, 07 December 2021 16:30

With the year coming to a close and speculation between bull and bear, the road ahead for crypto is exciting, yet unknown. The traditional crypto enthusiasts has seen a wealth of progress in DeFi, NFT’s and of course meme tokens. Regardless of innovation and underlying technology, one…

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The Block: a16z invests $36 million in a Web3 infrastructure startup founded by four ex-Meta employees

Monday, 06 December 2021 23:05

All four Mysten Labs co-founders helped develop the Diem, a stablecoin to be used in the Novi digital wallet, at Meta. The post a16z invests $36 million in a Web3 infrastructure startup founded by four ex-Meta employees appeared first on The Block.

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cryptodaily.co.uk: BTCNEXT Foundation Hong Kong reports twice as many CEX users

Tuesday, 07 December 2021 00:00

During 2021, BTCNEXT Foundation, Hong Kong managed to double the number of BTCNEXT Exchange users. The trading platform has now reached 70,000 users. This was facilitated by new coin listings, improved functionality and better market conditions. As reported, in a single year, BTCNEXT Foundation Hong Kong listed…

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Coingape: Breaking: South Korea’s Leading Web 3.0 Firm that Raised $200 Million Faces Tax Investigation

Tuesday, 07 December 2021 06:51

Hashed, South Korea’s leading venture capital firm with a focus on Web 3.0 projects has come under an investigation from the National Taxation Service (NTS), as per a report in Ajunews. The report noted that the investigation is an in-depth inspection rather than a regular query with…

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cryptodaily.co.uk: BitMart Assures Affected Users They Would Be Reimbursed After The ~$200M Security Breach

Tuesday, 07 December 2021 07:15

BitMart has announced that it would reimburse victims of the large-scale security breach that affected the crypto trading platform on Saturday. BitMart stated that hackers had accessed around $150 million worth of assets. However, Peckshield, the security firm that first broke the news of the hack, puts…

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ihodl: South Korea Launches Investigation into Blockchain Company Hashed

Tuesday, 07 December 2021 10:29

South Korea's National Tax Service (NTS) has launched an investigation into blockchain company Hashed.

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cryptodaily.co.uk: Stellar November Roundup: Meridian 2021, SDF Milestones, MoneyGram Pilot, And More

Tuesday, 07 December 2021 11:00

With November wrapping up, Stellar has released its monthly roundup summing up a list of noteworthy moments and achievements. Most notably, the Meridian 2021 event highlighted a lot of the milestones hit by Stellar as well as the Stellar Development Fund. Let’s find out more. Meridian 2021:…

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cryptodaily.co.uk: Luna UST algorithmic stablecoin keeps its peg throughout the crypto crash

Tuesday, 07 December 2021 12:02

The crypto market crash over the last few days saw some wild price movement. On Saturday in particular, USD dominance shot up 30% in just one daily candle. However, the UST stablecoin kept its peg beautifully. Do we now have the proof that this will become the…

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cryptodaily.co.uk: Ambire Launches $WALLET, Crypto Industry’s First Governance Token For DeFi-Native Wallet

Tuesday, 07 December 2021 16:00

Ambire Wallet has announced the launch of its $WALLET utility token. The $WALLET token will be available on the Ethereum blockchain soon, and will later on be bridged for cross-blockchain availability on Polygon and Binance Smart Chain. The new token will be used for governance and to…

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