The former CEO of BitMEX suggested that this year, thanks to the upcoming transition of Ethereum to the Proof-of-Stake consensus algorithm, the ETH price will reach $3,000. Arthur Hayes stated that the reduction in the number of ethers after the successful transition to Ethereum 2.0 will be a powerful impetus for the growth of the […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Coincub has compiled a list of countries with the best/worst tax policies for crypto investors
Analysts from the cryptocurrency analytics company Coincub compiled a list of ten countries, describing the pros and cons for cryptocurrency investors. Analysts evaluated countries according to such criteria as: clarity of tax policy, the presence of the tax itself and its size, the amount of capital gains tax, as well as tax incentives. In each […]
The New Free DAO project lost about 4,500 BNB worth $1.25 million
The New Free DAO DeFi protocol suffered several instant loan attacks, after which the NFD token price collapsed by 99%. New Free DAO is a DeFi project powered by Binance Smart Chain (BSC). As tweeted by blockchain cybersecurity company CertiK, the attacker took advantage of an unverified smart contract and used the “addMember()” function to […]
ETC Group is going to offer an exchange product based on Ethereum PoW fork
The London-based management company ETC Group announced the creation of the exchange product ETHWetc – against the backdrop of statements from crypto exchanges about the launch of products based on the Ethereum PoW hard fork. An exchange-traded product (ETP) based on the Ethereum hard fork with proof of work (PoW) will be offered after the […]
Eugene Ludwig: Cryptocurrency companies have an advantage over banks
The former head of the US Office of the Comptroller of the Currency said that now banks are noticeably inferior to crypto companies in their own territory. Eugene Ludwig is outraged that crypto companies are brazenly invading the territory of traditional finance, and they get away with it, since the industry is very loosely regulated. […]
Elvira Nabiullina: Digital ruble will be used for international trade
After the government announced the need to introduce DFA for cross-border payments, the Central Bank specified that the digital ruble would be used for these payments. The Governor of the Bank of Russia, Elvira Nabiullina, in an interview for the Russia-24 TV documentary dedicated to the 220th anniversary of the Ministry of Finance of the […]
The judge in the case of the liquidation of Mirror Trading recognized bitcoins as an intangible asset
The Cape Town Supreme Court has issued a ruling outlining how the liquidators in the Mirror Trading International (MTI) case should interpret BTC when collecting and recovering claims. Judge M.J. Dolamo (MJ Dolamo) ordered the liquidators to consider bitcoins as intangible assets representing property. Thus, MTI investors are deprived of the right to file claims […]
Chainalysis: The number of institutional investors in ETH may grow after the merger
Ethereum will attract more institutional investors after switching to PoS as the network will offer more attractive yields, analytics firm Chainalysis said. According to a report by Chainalysis, ether (ETH) staking will offer investors up to 10-15% returns per year, making it an attractive alternative to bonds for institutional investors, as the returns on bonds […]
Apple gets legal protection from mobile app users’ lawsuits
A judge in federal court for the Northern District of California dismissed a class-action lawsuit by users against Apple who downloaded a fake Toast Plus app from the App Store. The lawsuit against Apple was filed last fall on behalf of plaintiff Hadona Diep. The woman claims to have downloaded the malicious app Toast Plus, […]
Uniswap Won’t Support PoW Forks After Ethereum Merger
Decentralized exchange Uniswap has said it fully supports Ethereum’s transition to Proof-of-Stake (PoS) as a method to reduce the environmental impact and scale the blockchain. Uniswap announced that after the merger, Ethereum does not intend to support its forks based on the Proof-of-Work (PoW) algorithm. The project team also warned users that when implementing The […]
